ethics and productions Flashcards
The system of personal beliefs and social standards about right and wrong is called __________.
ethics
Our ________ tells us what we think is important
values
________ are the rules we use to decide what’s good and what’s bad.
morals
________ are the rules we use to decide what’s good and what’s bad.
morals
Businesses develop a _______ to guide employees in a variety of situations.
code of ethics
An _________ is a moral problem with a choice between potential right and
wrong answers.
ethical dilemma
An employee who informs the public about an ethical violation is a(n) ______.
whistle blower
A person or business that lies to the public is guilty of _______.
fraud
A company perpetrating __________ may use high-pressure phone calls to get customers to donate to a non-existent charity.
telemarketing fraud
An audit of U.S. company Enron revealed that it was involved in a(n) __________.
account scandal
___________ is the type of accounting fraud where accountants or senior executives divert company funds for their own gain.
embezzlement
An accountant who fraudulently records assets and liabilities is ________.
“cooking the books”
A company’s _______ are items that it owns
assets
A company’s ________ are the debts that it owes.
liabilities
A person using confidential information about a company to buy and sell shares is involved in ________.
insider trading
Businesses can exhibit _______ through their values, their ethics, and the contributions they make to their communities.
corporate social responsibility
Because corporations have a(a) _______, they must disclose any significant
information to shareholders, business partners, lenders, insurers, communities, regulators, consumers, employees, and investors.
duty to report
Women are more likely than men to face ________ in the workplace.
gender discrimination
Women, minorities, and disabled workers may face a(n) _________ in their desire to reach senior leadership positions.
glass ceiling
Bullying, stalking, verbal insults, and ridicule are examples of __________.
harassment
An employer’s obligation to eliminate discrimination against employees is known as the ____________.
duty to accommodate
The _________ is the agreement reached by countries worldwide to reduce
greenhouses gases in the atmosphere.
Kyoto Protocol
_________ legislation requires employers to provide equal pay for work of equal value.
Pay equity
Buying ___________ coffee helps producers in developing countries receive a fair profit.
fair-trade
___________ develop from the bottom and spread up.
Grassroots movements
