'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
ethics
the standards of behavior to which we hold ourselves in our personal and professional lives
goodwill
the value of a business beyond its tangible assets, usually including its reputation, the value of its brand, the attitude of its workforce, and customer relations
integrity
the adherence to a code of moral values implying trustworthiness and incorruptibility because there is unity between what we say and what we do
long-term perspective
a broad view of profit maximization that recognizes the fact that the impact of a business decision may not manifest for a long time
normative ethical theories
a group of philosophical theories that describe how people ought to behave on the basis of reason
shareholder
an individual or institution that owns stock or shares in a corporation, by definition a type of stakeholder; also called stockholder