Uploaded by Darlene Smith

Ethics Terms

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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:
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