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Chapter 4 govern
Chapter 4 Social Responsibility of business and Government
| Question | Answer |
|---|---|
| Social Responsibility | the duty of a business to contribute to the well-being of a community |
| Non-renewable resource | I am going to eat riyan |
| ADA | organization that has had major improvements in accommodating workers who are physically challenged |
| OSHA | organization that regulates safety standards in the workplace |
| EPA | organization that monitors water and air quality standards to reduce pollution |
| 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 |
| Contract | in an agreement to exchange goods or services for something of value, usually money |
| Patent | gives inventor sole right to make, use, or sell the item for 20 years. |
| Copyright | protects the creative work of authors, composers, and artists |
| Trademark | a word, letter, or symbol linked with a specific company or product |
| Public utility | an organization that supplies a service or product vital to all people |
| Monopoly | exists when a business has control of the market for a product or service |
| Antitrust laws | prevent other unfair business practices such as false advertising, deceptive pricing, and misleading labeling |
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Nabbbs
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