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ethical definition
| Term | Definition |
|---|---|
| Philanthropy | making charitable donations to improve the welfare of society |
| social responsilibility | the principle that companies should contribute to the welfare of society and not be solely devoted to maximizing profits |
| environmental protection agency | an independent federal agency established to coordinate programs and enforce regulations aimed at reducing pollution and protecting the environment. |
| ethics | guidelines for human behavior |
| ethical behavior | conduct that adheres to this moral code |
| business ethics | the study of behavior and morals in a business situation |
| code of ethics | a group of ethical behavior guidelines that govern the day to day activites of a profession or organization |
| conflict of interest | a clash between a person private interest and his or her responsibilities in a postion of trust |
| bribes | payments made to secure special services for a business or special consideration for its products. |