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ent 1.04
| 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 |
| ADA(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 |
| consequences | 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 |
| 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 stockholders |
| legal | Acceptable under the law |
| obligation | Duty; requirement |
| philanthropic | Voluntarily generous |
| productivity | The amount and value of goods and services produced (outputs) from set amounts of resources (inputs) |
| prrofitability | 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 |
| responibility | 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 |
| stakeholder | 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 stakeholders |
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