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Ent 1.04
Business ethics
| Question | Answer |
|---|---|
| Accountability | The condition of having to Answer for of be liable for your action accepting responsibility for your decisions |
| altruistic | concerned with others welfare charitable |
| Americans with disabilities act of 1990 | a law that protects works with physical and mental disabilities from discrimination |
| bankruptcy | a state of debt that cannot be resolved |
| business ethics | the basic principles that govern a business's actions |
| code of ethics | a set of rule for governing behavior |
| 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 less employees |
| ethical principles | standards that govern behavior not dependent on circumstance |
| ethics | the basic principles that govern your behavior |
| fraudulent | deceitful dishonest |
| illegal | prohibited by law |
| integrity | adhering at 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 stockholders |
| legal | acceptable under the law |
| obligation | duty requirement |
| philanthropic | voluntarily generous |
| productivity | the amount and value of good 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 freedom 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 U.S. regulation mandating that public businesses comply with specific accounting requirements |
| social responsibility | the duty of business the contribute to the well being of society |
| stakeholders | people or business who are affected by company's success or failure |
| transparency | the quality of being just as one seems being open and truthful when communicating |
| trust | the ability to rely on the character integrity or truthfulness of csomething or someone |
| unethical | lacking morals wrong |
| viability | the long term value of choices and decisions and decisions to relevant stakeholders |
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