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Small Business Ch 2

Small Business Management Ch 2

QuestionAnswer
Code of Ethics Official standanrds of employee behavior formulated by a firm.
Environmentalism The effort to protect and preserve the enviroment
Ethical Imperialism The belief that the ehtical standards are subject of one's own country can be applied universally.
Ethical Issues Questions of right and wrong.
Ethical Relativism The belief that ethical standards are subject to local interpretation.
Integrity An uncompromising adherence to the lofy values, beliefs, and principles that an individual claims to hold.
Intellectual Property Original intellectual creations, including inventions, literary creations, and works of art that are protected by patents or copyrights.
Social Entrepreneurship Entrepreneurial activity whose goal is to find innovative solutions to social needs, problems, and opportunities.
Social Repsonsibilities A company's ethical obligations to the community.
Stakeholders Individuals who either can affect or are affected by the performance of the company.
Underlying Values Unarticulated ethical beliefs that provide a foundation for ethical behavior in a firm.
Created by: dengler