Ethical Principles In Business Flashcards

1
Q

What are the ethical principles of business?

A

Advertising
Safety
Taxation
Environmental Damage
Production

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2
Q

What is meant by advertising?

A

Not making false claims and products should be as advertised

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3
Q

What is meant by safety?

A

Products should not cause harm to customers through normal use

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4
Q

What is taxation?

A

Taxes legally required by government should be paid

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5
Q

What is environmental issues?

A

Making sure that products don’t pollute the environment

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6
Q

What is production?

A

Raw materials should be high quality and ingredients labeled to ensure safety

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