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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 |