Ethics Flashcards

1
Q

Legislation

A

A set of regulations and laws by the government to control businesses.

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2
Q

Ethics

A

A set of moral principles.

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3
Q

Ethical

A

Doing things because you think they are morally right.

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4
Q

Socially responsible

A

Acting in ways that show care and concern for all members of society.

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5
Q

Pressure group

A

A group with a common interest/goal who work collectively to influence government policy or business behaviour.

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6
Q

Fairtrade

A

A group that supports standards for importing goods from developing countries; they aim to ensure a fair deal with farmers and workers.

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7
Q

Subsidy

A

Paid by the government to home producers to help keep prices competitive compared with foreign imports.

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