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ITBChap04
Intro To Bus Notes and Vocab.
| Question | Answer |
|---|---|
| Social responsibility | refers to the duty of a business to contribute to the well being or the community |
| Non-Renewable Resource | a natural resource that cannot be replaced when used up |
| Pollution | occurs when the environment is tainted with the by-products of human actions |
| Conditions Of Work | clauses that relate to employee well being are often included in labor contracts and company policy manuals |
| Ethics | principles of morality or rules of conduct |
| Business Ethics | rules about how businesses and their employees ought to behave |
| Code Of Ethics | a set of rules for guiding the actions of employees or members of an organization |
| Conflict Of Interest | this can occur when an action by a company or individual results in an unfair benefits |