Ethics
Behaving Honestly
Laws Relating to Ethics
Consumer and Environmental Protection
4.2 Vocab
100
Ethics
What is a set of moral principles or values that govern behavior?
100
Employee thefts
People who steal from their employers are called..?
100
Makes it illegal for companies to monopolize trade.
What is the sherman act?
100
Bans the sale of impure, improperly labeled, falsely guaranteed and unhealthful foods, drugs, and cosmetics.
What is the federal food, drug and cosmetic act?
100
Refers to the obligation that individuals or businesses have to help solve social problems.
What is social responsibility?
200
Businesses
Other than individuals who develops ethics to help determine how to behave?
200
Hours worked.
If you behave ethically then you are honest about your...
200
Makes it illegal to charge different prices to different customers.
What is the clayton act?
200
Establishes minimum product safety standards on consumer products.
What is the consumer product safety commission?
200
Includes a companies employees, customers, suppliers, and the community.
What are stakeholders?
300
Code of Ethics
What is a document that outlines the principles of conduct to be used in making decisions within the organization?
300
Falsifying records
One of the worst lapses an employee can commit is..
300
Bans unfair or deceptive acts or practices, including false advertising.
What is the wheeler-lea act?
300
Created the EPA, whose mission is to protect human health and safeguard the air, water and land.
What is the National Environmental Policy Act?
300
A review of a business's social responsiveness.
What is a social audit?
400
Respect for people.
If you respect the right and obligations of every employee, you have..?
400
Yes
Do some companies help their workers solve ethical problems? Yes or No?
400
Makes laws against it.
What does that federal government do to make sure companies don't engage in anticompetitive behavior?
400
Regulates air emissions.
What is the clean air act?
400
Profit Maximization, trusteeship management, or social involvement.
What is one view toward social responsibility that evolved through three distinct schools of thought?
500
Honest or Honesty
If you keep records that are accurate and include all payments and reciepts then you are..?
500
Call the director of business practices for advice.
What should you do if you are in an uncomfortable ethical situation?
500
Competitive behavior, consumer protection, product safety, environmental protection.
What do anticompetitive laws apply to?
500
gives the EPA authority to set standards on the type of quantity of polluntants that industries can put into bodies of water.
What is the clean water act of 1977?
500
Recognized that owners of buisness have obligation to do more than just earn profits.
What is a trusteeship management?
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