Entrepreneurship 1.04 Study online at https://quizlet.com/_8rwbyn 1. Business ethics the basic principles that govern a business's actions 2. Codes of ethics Most industries have specific ones of these: 3. Respect Ethics begins with important ethical principles like: 4. Business ethics are not the same thing as business Law 5. Consequences Doing something unethical and doing something illegal may result in different: 6. Businesses should behave ethical- Social responsibility ly because of their: 7. When a business contributes to charitable causes, it is acting in what manner? Altruistic 8. Businesses must fulfill obligations Stakeholders to: 9. Businesses may engage in unethi- Illegal cal practices because the practices aren't: 10. An unethical business may build a Public image negative: 11. An unethical business may lose: Customers 12. An unethical business increases its Bankruptcy risk for: 1/1