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vocab2

TermDefinition
Philanthropy the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.
Social responsibility is the idea that businesses should balance profit-making activities with activities that benefit society
Environmental protection agency (EPA) United States federal government whose mission is to protect human and environmental health.
Ethics moral principles that govern a person's behavior or the conducting of an activity.
Ethical behavior Acting in ways consistent with what society and individuals typically think are good values.
Business ethics study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities.
Code of ethics document may outline the mission and values of the business or organization, how professionals are supposed to approach problems
Conflict of interest a situation in which the concerns or aims of two different parties are incompatible.
Bribes persuade someone to act in one's favor, typically illegally or dishonestly, by a gift of money or other inducement.
Created by: wonjae6
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