Intro to business Chapter 2

the study of right and wrong and of the morality of the choices individuals make

the application of moral standards to business situations

• Individual Factors
• Social Factors
• Opportunity

a guide to acceptable and ethical behavior as defined by the organization

informing the or government officials about unethical practices within one's organization

the recognition that business activities have an impact on society and the consideration of that impact in business decision making

the view that society will benefit most when business is left alone to produce and market profitable products that society needs

that concept that business should emphasize not only profits but also the impact of its decisions on society

all activities undertaken to protect the rights of comsumers

a plan designed to increase the number of minority employees at all levels within an organization

the contamination of water, air, or land through the actions of people in an industrialized society