Business Ethics Flashcards

1
Q

Corporate social responsibility

A

The idea that a business has responsibilities towards the community and environment

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2
Q

Whistleblowing

A

An employee discloses unethical/illegal business practices to the employer or the public

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3
Q

Globalization

A

The integration of economies, industries, cultures and policy making around the world

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4
Q

Capitalism

A

an economic system based on private ownership and free trade rather than government intervention

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5
Q

Consumerism

A

A belief in the importance of acquiring material things

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