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4.15
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| Term | Definition |
|---|---|
| Bribe | An illegal payment intended to secure business or products. |
| Ethics | The basic principles that govern your behavior. |
| Exclusive dealership | An illegal agreement that forbids customers from buying goods and services from competitors. |
| Misrepresentation | Telling the facts in an inaccurate way. |
| Negligence | Not doing something necessary or required. |
| Personal code of ethics | The way a person behaves based on his/her internal beliefs and standards. |
| Price deals | Illegal agreements to price products in a particular manner. |
| Profitibility | The degree of level of profit of a business or a product. |
| Promotional items | Small objects distributed to promote the company. |
| Quota | Specific goals to be met. |
| Reciprocity | A method of doing business in which sellers buy from their customers; illegal when required. |
| Sabotage | Interfering with a process or plan in an underhanded manner. |
| Scam | A plan to gain money by deceiving people. |
| Stakeholders | People or businesses who are affected by a company's success or failure. |
| Tampering | Adjusting something that you have no right to adjust; e.g. a competitor's product. |
| Tie-in sales | An illegal practice in which the purchase of an additional product is mandatory. |