Business ethics Flashcards
code of ethics/of conduct
rules or professional guidelines
ethical
involving the principles uses for deciding what is right and what is wrong
unethical
morally wrong or against accepted standards of behaviour, especially in a particular form
professional
relating to work that needs special skills and qualifications
unprofessional
not behaving according to the standards of behaviour, especially in a particular profession
professional
relating to work that needs special skills and qualifications
unprofessional
not behaving according to the standards of work or behaviour of your profession
breach
a failure to follow a law or rule
unprofessional conduct
a way of behaving which is not suitable for a professional person and goes against the code of practice of a profession
conduct social responsibility (CSR)
with SCR companies establishing systematic rules for their behaviour on moral, social and environmental issues
ethical investings
where their money is invested
stakes or holdings
investments
socially responsible
the obligation of an organization’s management towards the welfare and interests of the society in which it operates
child labour
children who worke
exploit
to treat someone unfairly in order to get some benefit for yourself
sweatshop labour
employees working very long hours for very low wages
discrimination
unfair treatment of someone because of theri religion, race or other personal features
ethnic minorities
particular racial groups
sell their stake or holding
sell their investments
stakeholder
a person or company that has invested in a business and owns a part of it
environmental/ green issues
relating to the natural world and the effect that human activity has on it
carbon emissions
carbon dioxide and carbom monoxide in the atmosphere, produced by vehicles and industrial processes
global warming or climatie change
the way the atmosphere is getting hotter and causing warmer temperatures, more storms…
carbon footprint
the level of these emissions
carbon-neutral
company etc balances the amount of carbon dioxide and carbon monoxide it produces with actions that are designed to protect the environment for example planting trees or using less electricity
carbon offset
the emissions that they do produce are compensated for by reductions elswhere
