business ethics Flashcards
corporate social responsibility
That a business has responsibility towards the community and environment
whistle blowing
Where an employee discloses wrongdoing to the employer or the public.
globalisation
Around the world economies, industries, markets, cultures and policy-making is integrated
business ethics
Also known as corporate ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment.
stakeholders
A person with an interest or concern in something. For example, an employee or a customer
shareholders
An owner of shares in a company
human dignity
Each person should be treated as a human and never treated as an instrument.
common good
Something that works for the benefits of all people
solidarity
Unity or agreement of feeling or action, especially among individuals with a common interest; mutual support within a group.
reciprocity
The practice of exchanging things with others for mutual benefit
fraternity
Fellowship towards all people irrespective of background, race, culture etc.
sustainability
Our duty to future generations
