Business Ethics
What guides employee behavior in business?
Code of ethics
What influences changes in business law?
Public opinion
What is the supreme law of the land?
What is the role of law in business?
Sets rules & stability
Ethics + Law combined create what?
Responsible business conduct
Acting honestly and fairly relates to what?
Integrity
Which force pushes businesses to adapt socially responsible actions?
Social movements
Which clause lets Congress regulate trade between states
Commerce Clause
Which branch enforces the law?
Executive branch
What clause supports federal supremacy?
Supremacy Clause
Following laws & standards shows what kind of responsibility?
Legal responsibility
Media exposure often affects what?
Public policy and lawmaking
What guarantees individual freedoms like speech?
Bill of Rights
Which branch creates laws?
Legislative branch
Businesses acting fairly show what?
Ethical responsibility
Giving back to communities is an example of what?
Corporate social responsibility
Consumer demand for fairness reflects what social force?
Marketplace pressure
Which branch interprets the Constitution?
Judicial branch
What ensures consistency in legal decisions?
Precedent
Courts striking down unconstitutional laws is called what?
Judicial review
Why are ethics important in business law?
Promotes trust, fairness, and compliance
How do social forces shape legal environments?
They pressure lawmakers and courts to respond
Why is the Constitution important for business law?
It sets the foundation and limits of legal rules.
How does law balance business and society?
By protecting rights and regulating fairness.
Why must businesses follow both ethics and law?
To succeed legally and socially.