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Vocab
Vocab (cont.)
100
safety standards that are regulated and enforced by agencies such as...
What is OSHA
100
a business dealings involving companies in more than one state
What is interstate commerce
100
an organization that supplies a service or product vital to all people
What is public utility
100
when a business has control over the market for a product or service
What is monopoly
100
a set of rules for guiding the actions of employees or members of an organization
What is code of ethics
200
saving of scarce natural resources
What is Conservation
200
purely intangible with no physical characteristics like patents, copyrights, and trademarks
What is intellectual property
200
business activity in the United States is seen as a private enterprise or..
What is free market system
200
an agreement to exchange goods or services for something of value, usually money
What is contract
200
a word, letter, or symbol linked with a specific company or product
What is trademark
300
many ethnic groups working at the same business
What is workplace diversity
300
business dealings involving companies that do business in only one state
What is intrastate commerce
300
a way that the government gives new businesses loans
What is small business administration (SBA)
300
duty of a business to contribute to the well being of a community
What is social responsibility
300
principles of morality or ruled of conduct
What is ethics
400
a clause that pertains to the health and safety of employees while on the job
What is conditions of work
400
laws that were made to provide a safe work environment
What is worker protection
400
what is the single largest employer in the US economy
What is the government
400
prevent other unfair business practices such as false advertising, deceptive pricing, and misleading labeling
What is antitrust laws
400
gives the inventor the right to make, use or sell the item for 17 years
What is patent
500
what is the first question you ask when you think a business is unethical
What is is the action legal
500
protect the creative work of authors, composers, and artist
What is copyright
500
government income
What is revenue
500
ruled about how businesses and their employees ought to behave
What is business ethics
500
a natural resource that cannot be replaced when used up
What is non-renewable resource