Business Ethics Chapter 15 Keywords

Question 1

Usury

Answer 1

Practice of lending money at unreasonably high interest rates

Question 2

Corporate social responsibility

Answer 2

Belie that an organisation has ethicalresponsibilities both in us ken conduct and to the wider community

Question 3

Stakeholder

Answer 3

An individual or group that are affected by the activities of an organisation

Question 4

Human dignity

Answer 4

People are valuable by virtue or their being human not because of the usefulness

Question 5

Common good

Answer 5

A state of affairs in which everyone can flourish most effectively

Question 6

Solidarity

Answer 6

People are inter-independent needing each other and responsible for each other especially the less privileged

Question 7

Subsidiarity

Answer 7

Belief that the decision should be made at the lowest level compatible with efficiency

Question 8

Fraternity

Answer 8

Literally brotherhood

Belief that we should test everyone as our brothers and sisters

Question 9

Reciprocity

Answer 9

Giving to everyone what is due and being willing to do more than strict justice requires

Question 10

Sustainability

Answer 10

Belief that we are responsible for maintaining earth and it’s resources for our selves and future generations

Question 11

Ethos

Answer 11

Characteristic spirit or a culture era or community that can be observed in its attitudes and aspirations

Question 12

Free market economy

Answer 12

An economy in which prices, wages and so on are determined by the laws of supply and demand with minimal government interference

Question 13

Whistle blowing

Answer 13

Occurs when a member of an organisation reports misconduct by a superior or co - worker

Question 14

Globalisation

Answer 14

Economic and cultural movement across boundaries to the world level