Ch.4
The reprocessing of resources so they can be used again
What is recycling
The set of moral values that guide a person's behavior
What are ethics
The person who owns and runs a business
What is an entrepreneur
Electronic messages sent in bulk without permission from the receiver
What is spam
Process of organizing time to increase efficiency
What is time management
An individuals ideas of what is right and wrong
What are morals
The body's reaction to increased challenges, pressure, or dangerous situations
What is stress
The form of business ownership where more than one person own and run a business
What is a partnership
Form of ownership where there is one owner
What is a sole proprietorship
Business that sells a franchise
What is a franchisor
The advantage a business has due to its good reputation
What is goodwill
The skills used to help a person find a job and perform well in the workplace
What are soft skills
the name of an owner of a corporation
What is a stockholder
Overstating the features and benefits of a product
What is false advertising
Person who guides others to a goal
What is a leader
The producing and promoting products using methods and practices that emphasize environmental conservation
What is green marketing
The process of interpreting and making reasonable judgement and decisions by analyzing the situation
What is critical thinking
A legal agreement that allows an individual to run a business in the name of an established company.
What is a franchise
The governing body of a corporation
What is the board of directors
Behaving with sensibility towards social, economic, and environmental issues
What is social responsibility
Promoting the welfare of others through donating time, money, or property
What is philanthropy
A diagram of employee positions showing how the positions interact with the chain of command
What is an organizational chart
Form of liability for the stockholders of a corporation
What is limited liability
Rules for professional conduct and integrity in all areas of business
What are business ethics
Monitoring the progress of a team to meet its goals
What is control