chapter 3: business ethics & social responsibility Flashcards
1
Q
csr
A
corporate social responsibility. driven by values, ethics, and the contributions made to communities.
2
Q
duty to report
A
must disclose all important information
3
Q
whistleblowing
A
when an employee informs officials or publics about an illegal or ethical violation
4
Q
fair trade
A
voluntary practice of helping producers in developing countries bypass expensive middlemen so they can sell their goods in other countries for a fair profit
5
Q
how might ethics/morals/values/csr influence a business’ decision to say
A
considering the impact on stakeholders, ensuring fair treatment, maintaining integrity, and aligning with personal beliefs and values.