Save
Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Bus&Soc CH1

Bus&Soc 8th ed

TermDefinition
affluence the level of wealth, disposable income, and standard of living of the society
business the collection of private, commercially orient organizations, ranging in size from one-person proprietorships to corporate giants
business ethics ethical issues that arise in the commercial realm
business power the ability or capacity to produce an effect or to bring influence to bear on a situation or people
economic environment the nature and direction of the economy in which a business operates
entitlement mentality the general belief that someone is owed something just because she or he is a member of society
ethics issues of right, wrong, fairness, and justice
Iron Law of Responsibility the generated forces that work to balance power and responsibility
macroenvironment the total environment outside the firm
managerial approach managing in a rational, systematic, and administratively sound fashion
pluralism a diffusion of power among society's many groups and organizations
political environment the processes by which laws get passed and officials get elected and all other aspects of the interaction between the firm, political processes, and government
entitlement mentality the belief or attitude that each succeeding generation ought to have a standard of living higher than that of its predecessor
rights movement the growth of activism for rights of particular groups within society
social contract a set of two-way understandings that characterize the relationship between major institutions
social environment demographics, lifestyles, and social values of the society
social problem a gap between society's expectations of social conditions and the current social realities
society a community, a nation, or a broad grouping of people with common traditions, values, institutions, and collective activities and interests
special-interest society a society made characterized by multitudes of groups pursuing their own focused agenda
stakeholders individuals or groups with which the business interacts and who have a "stake," or vested interest, in the firm
sustainability the use of resources that can meet short and long-term human needs while preserving the environmental, economic, and social conditions
technological environment the total set of technology-based advancements taking place in society
victimization philosophy the growing concern that individuals or groups see themselves as having been victimized by society; a manifestation of the entitlement mentality
Created by: maclu24
Popular Management sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards