The principles, values, and standards that guide behavior in the world of business.
What is Business Ethics?
100
The quality of being just, equitable, and impartial.
What is fairness?
100
Externally imposed boundaries of conduct such as laws, rules, regulations and other requirements.
What are mandated boundaries?
100
Formal statements that describe what an organization expects of its employees.
What are codes of conduct?
100
When consumers attempt to deceive busineses for their own gain.
What is consumer fraud?
200
An organization's obligation to miximize its positive impact on stakeholder's.
What is social responsibility?
200
An interchange of giving and receiving in social relationships.
What is reciprocity?
200
An act created largely in response to widespread corporate accounting scandals.
What is the Sarbanes-Oxley Act?
200
Comprehensive list of statements, sometimes altruistic or inspirational, that serve as principles and basis for rules of conduct.
What is code of ethics?
200
The process of assissing and reporting a business's performance in fulfilling the economic, legal, ethical, and philanthropic responsibilities expected of it by its stakeholders.
What is a social audit?
300
As consumers, we have the right to safety, the right to be informed, the right to choose, and the right to be heard.
What is the Consumers' Bill of Rights?
300
The practice of offering something (usually money) in order to gain an illicit advantage.
What is bribery?
300
Defined as a set of values, norms, and artifacts that members of an organization share.
What is corporate culture?
300
Person responsible for managing their organizations' ethics and legal compliance programs.
What is an ethics officer?
300
Economic theories advocating the creation of a society in which wealth and power are shared and distributed evenly based on the amount of work expended in production.
What is socialism?
400
Those people whose continued association with a business is absolutely necessary for a firm's survival.
What are primary stakeholders?
400
The collection and analysis of information markets, technologies, customers, and competitors.
What is corporate intelligence?
400
Refers to the specific principles or rules that people use to decide what is right or wrong.
What is moral philosophy?
400
A systematic evaluation of an organization's ethics program and performance to determine whether it is effective.
What is an ethics audit?
400
Consists of everything in our surroundings that is made by people--both tangible and intangible things including values, norms and artifacts.
What is culture?
500
Economic, legal, ethical, and philanthropic.
What are the levels of social responsibility?
500
Conduct that was unwelcome; severe, pervasive, and offensive, that a reasonable person would also find offensive.
What is a hostile work environment?
500
Exposing an employer's wrongdoing to outsiders such as the media or government regulatory agencies.
What is whistle-blowing?
500
Plan to respond to and recover from natural disasters and ethical disasters.
What is a crisis management plan?
500
Belief that consumers, rather than the interests of producers, should dictate the economic structure of a society.