This term refers to businesses taking actions that benefit society and the environment.
What is social responsibility?
A set of principles guiding ethical conduct in business.
What is a code of ethics?
One role of the government includes regulating these, which all citizens and businesses use.
What are utilities?
Intellectual property is purely intangible, meaning a person cannot do this to it.
What is touch it?
If your company owned all the food stores in the state of New Jersey, your company would have one of these.
What is a monopoly?
A practice which involves businesses creating an inclusive environment by hiring people from different backgrounds.
What is workplace diversity?
The number of steps in the guidelines for writing a code of ethics.
What is 7?
These three levels of government have oversight in their jurisdictions to regulate business.
What are federal, state, and local governments?
A patent protects new inventions and gives inventors the sole right to make, use, or sell their inventions for this many years, reducing competition.
What is 20 years?
A farmer's crops were devastated by natural disaster, this organization would be able to help assist with getting emergency aid or loans to alleviate hardship.
What is the Small Business Administration (SBA)?
This government agency is responsible for ensuring workplace safety standards are followed.
What is OSHA (Occupational Safety and Health Administration)?
A situation where someone has to choose between two difficult choices in order to make an ethical decision.
What is an ethical dilemma?
Dave's trucking company travels between multiple states daily and therefore is regulated by federal laws, Dave's is an example of this type of commerce.
What is interstate?
This protection lasts for the life of the author, composer, or artist, plus 70 years after their death.
What is a copyright?
A major source of revenue for local governments that is placed on real estate is called this.
What is property taxes?
Reduced need for government action, expanded justice for groups within society, and improved quality of life are example of the _____________ of social responsibility.
What are benefits?
The first question someone should ask themselves when faced with an ethical business situation.
The US legal system is comprised of two types of cases which are known as these.
What are criminal and civil?
A short sentence or phrase that aids in directly identifying a business or product and can be trademarked.
What is a slogan?
What are bonds?
Spending on social programs must not prevent a business from earning a reasonable ______________.
What is profit?
John serves on the board of directors for a company, he created contracts for the company to buy products from another company he owns. This would be considered a...
What is a conflict of interest?
An agreement to exchange goods and services for something of value, usually money is know as this.
What is a contract?
A trademark is indicated with a TM but a federally registered trademark will have this symbol.
What is an uppercase R in a circle?
These are one way the government prevents unfair business practices such as deceptive pricing, false advertising, and misleading labeling.
What are anti-trust laws?