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Chapter 4
Social Responsibility of Business and government
| Question | Answer |
|---|---|
| the duty of a business to contribute to the wellbeing of a community. | Social Responsibility |
| natural resources that can not be replaced after when used up. | Non-renewable resoureces |
| priciples of morality or rules of conduct | Ethics |
| rules avout how business and their employees ought to behave | Business Ethics |
| a set of ruledsfor guiding the actions of employees or members of an organization. | Code of Ethics |
| an agreement to exchange goods or services for something of value, usually money | Contract |
| gives the inventor the sole right to make, use, or sell the item for 17 years | Patent |
| protects the creative work of authors, composers, and artists. | copyright |
| a word, letter, or symbol linked with specific compony or production. | Trademark |
| an organization that suppliesa serviceor produuct vital to all people. | Public Utilities |