Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Ent 1.04
Business Ethics
| Term | Definition |
|---|---|
| Accountability | the condition of having to answer for or be liable for 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's actions |
| Code of ethics | a set of rules for governing behavior |
| Consequence | the result of an action |
| Customer loyalty | the customer's 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 circumstance |
| Ethics | the basic principles that govern your behavior |
| Fraudulent | deceitful; dishonest |
| Illegal | prohibited by law |
| Obligation | duty; requirement |
| Philanthropic | voluntarily generous |
| Productivity | the amount and value of goods and services produced (outputs) from set amounts of resources (inputs) |
| Profitability | the degree or level of profit of a business or a product |
| Respect | regard or esteem; honoring the rights, freedoms, views, and property of others |
| Responsibility | fulfilling one's 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 to contribute to the well being of society |
| Stakeholders | people or businesses who are affected by a 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 something or someone |
| Unethical | lacking morals; wrong |
| Viability | the long term value of choices and decisions to relevant stake holders |
Created by:
user-2014853
Popular Business sets