Row 1
The percentage of the total income paid by individuals to the state in which they live
State Income Tax
The professional standards of conduct based on moral principles and values which guide decision-making processes and actions
Business Ethics
The laws allowing employees the ability to work for a company, even though the employee may not be a member of the union
Right-To-Work Laws
A system requiring shared power between branches of government to prevent one branch from having more power
Checks and balances
The choices based on moral principles and values
Ethical Choices
rules, regulations and interpretations of statutory law
Administrative Law
The practice of requiring businesses to hire only union members
Closed shops
The percentage of money added to the prices of goods and services at the time of purchase
Sales Tax
The money paid on foreign goods
Import Tax
The laws based on precedents established by judges’ decisions
Common Law
required monies paid to the government to fund government spending
Taxes
The money paid on potentially harmful practices
Excise Tax
The percentage of income deducted from paychecks used to pay for government programs
Payroll Tax
The set of written guidelines which govern behavior based on ethical values
Code of Ethics
The laws allowing employees the ability to work for a company, even though the employee may not be a member of the union
Right-To-Work Laws
laws written by the legislative branch
Statutory Law
The organizations formed to represent workers and prevent unfair labor practices
Labor Unions
The method of negotiation of employment conditions
Collective Bargaining
The choices based on what is right or wrong
Moral Choices
The required tax collected by the government on individual income or profits earned by a business
Income Tax
A formal method of settling a disagreement with the assistance of an impartial third party who makes the final decision to resolve the conflict?
Arbitration
The percentage of the total income paid by individuals or percentage of businesses profits paid by sole proprietorships and partnerships
Federal Income Tax
The employees’ refusal to work as an attempt to resolve the conflict
Labor strike
A federal tax paid on corporate profits
Corporate Income Tax
The informal method of settling a disagreement where an impartial third party listens and makes suggestions to help resolve the conflict
Mediation