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ENT 104
EC-106
| Term | Definition |
|---|---|
| accountability | The condition of having to answer for or be liable your actions accepting responsibility for your decisions |
| Altruistic | Concerned with others welfare, Charitable |
| Americans with disabilities act of 1990 | A law that protects workers with physical and/ or mental disabilities from discrimination |
| Bankruptcy | a state of debt that cannot be resolved |
| Business ethics | The basic principles that govern a business actions |
| consequence | the result of an action |
| Customer loyalty | the customers preference for a business usually expressed in regular purchases from the business |
| Employee turnover | the rate at which a business gains and loses employees |
| Ethical principles | Standards that govern behavior not dependent on the circumstance |
| Ethics | The basic principles that govern your behavior |
| Fraudulent | dishonest |
| Illegal | prohibited by law |
| Integrity | adhering to an established set of personal ethics and sound moral principles acting with honesty in all situations |
| Investors | those who invest their funds in a business: may be owners or stock holders |
| Legal | acceptable under the law |
| Obligation | duty; requirement |
| Philanthropic | Voluntarily generous |
| Productivity | the amount and value of goods and services produced from set amounts of resources |
| Profitability | the degree or level of profit of a business or product |
| Respect | regard or esteem honoring the rights freedoms views and property of others |
| Responsibility | Fulfilling ones obligations in a dependable reliable manner |
| Risk | The possibility of loss or failure |
| Sarbanes- Oxley Act | A UD regulation mandating that public business comply with specific accounting requirements |
| Social Responsibilty | Th eduty of business to contribute to the well being of society |
| Stake holders | People or business who are affected by a company's success or failure |
| Transparency | The quality of being just as one see being open and truthful when comminicating |
| Trust | The ability to rely on the character integrity and truthfulness of something or someone |
| Unethical | Lacking morals wrong |
| Viability | The long term value of choices and decisions to relevant stakeholders |
Created by:
Jose.E
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