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BUS 2

  1. a plan designed to increase the number of minority employees at all levels within an organization
    affirmative action program
  2. the application of moral standards to business situations
    business ethics
  3. a Latin phrase meaning “let the buyer beware”
    caveat emptor
  4. a guide to acceptable and ethical behavior as defined by the organization
    code of ethics
  5. all activities undertaken to protect the rights of consumers
    consumerism
  6. the view that society will benefit most when business is left alone to produce and market profitable products that society needs
    economic model of social responsibility
  7. a government agency with the power to investigate complaints of employment discrimination and the power to sue firms that practice it
    Equal Employment Opportunity Commission (EEOC)
  8. the study of right and wrong and of the morality of the choices individuals make
    ethics
  9. workers with little education or vocational training and a long history of unemployment
    hard–core unemployed
  10. 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 for unfavorable treatment
    minority
  11. a joint business–government program to train the hard–core unemployed
    National Alliance of Business (NAB)
  12. the contamination of water, air, or land through the actions of people in an industrialized society
    pollution
  13. provides sweeping new legal protection for employees who report corporate misconduct
    Sarbanes–Oxley Act of 2002
  14. a comprehensive report of what an organization has done and is doing with regard to social issues that affect it
    social audit
  15. the recognition that business activities have an impact on society and the consideration of that impact in business decision–making
    social responsibility
  16. the concept that business should emphasize not only profits but also the impact of its decisions on society
    socioeconomic model of social responsibility
  17. informing the press or government officials about unethical practices within one’s organization
    whistle–blowing
Author
tracyblome
ID
99991
Card Set
BUS 2
Description
BUSINESS 2
Updated

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