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

provides sweeping new legal protection for employees who report corporate misconduct

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

informing the press 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

a latin phrase meaning "let the buyer beware"

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

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

all activities undertaken to protect the rights of consumers

a racial, religious, political, national, or other group regarded as different from the larger group of which it is a part and that is often singled out of unfavorable treatment

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

a government agency with power to investigate complaints of employment discrimination and power to sue firms that practice it

workers with little education or vocational training and a long history of unemployment

a joint business-government program to train the hard-core unemployed

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

a comprehensive report of what an organization has done and is doing with regard to social issues that affect it