Key Terms (Flash Cards) - Part 1

'Business Ethics' by Stephen M. Byars, Kurt Stanberry
Published by OpenStax, Sep 24, 2018, Houston, Texas

Vocabulary matching exercise by Dr Michael A. Riccioli

Match the items on the right to the items on the left.

You have a pile of cards.
a) Click NEXT to see card 1 (e.g. CASH).
b) Click NEXT again to see card 2 and the whole collocation CASH FLOW FORECASTS.
Repeat (a) and (b) as many times as you wish.
When you have memorised a pair of cards, click DELETE to make cards 1 and 2 disappear from the pile.


Access for free at https://openstax.org/books/business-ethics/pages/1-introduction
business ethicsthe conduct by which companies and their agents abide by the law and respect the rights of their stakeholders, particularly their customers, clients, employees, and the surrounding community and environment
compliancethe extent to which a company conducts its business operations in accordance with applicable regulation and statutes
corporate culturethe shared beliefs, values, and behaviors that create the organizational context within which employees and managers interact
corporate social responsibility (CSR)the practice in which a business views itself within a broader context, as a member of society with certain implicit social obligations and responsibility for its own effects on environmental and social well-being
deontologya normative ethical theory suggesting that an ethical decision requires us to observe only the rights and duties we owe to others, and, in the context of business, act on the basis of a primary motive to do what is right by all stakeholders
ethical relativisma view that ethics depends entirely upon context