
Business Ethics and Corporate Responsibility

Flashcard
•
Moral Science
•
University
•
Easy
John Story
Used 1+ times
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11 questions
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1.
FLASHCARD QUESTION
Front
Code of Ethics
Back
A set of guidelines prepared by a firm to provide its employees with the knowledge of what the firm expects in terms of their responsibilities and behavior toward fellow employees, customers, and suppliers.
2.
FLASHCARD QUESTION
Front
Corporate Philanthropy
Back
The practice of charitable giving by corporations; includes contributing cash, donating equipment and products, and supporting the volunteer efforts of company employees.
3.
FLASHCARD QUESTION
Front
Corporate Social Responsibility (CSR)
Back
The concern of businesses for the welfare of society as a whole; consists of obligations beyond those required by law or contracts.
4.
FLASHCARD QUESTION
Front
Deontology
Back
A philosophy in which a person follows obligations to an individual or society because upholding one’s duty is ethically correct.
5.
FLASHCARD QUESTION
Front
Ethical Issue
Back
A situation where a person must choose from a set of actions that may be ethical or unethical.
6.
FLASHCARD QUESTION
Front
Ethics
Back
A set of moral standards for judging whether something is right or wrong.
7.
FLASHCARD QUESTION
Front
Justice
Back
What is considered fair according to the prevailing standards of society; an equitable distribution of the burdens and rewards that society has to offer.
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