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14 Cards in this Set

  • Front
  • Back
ethics
moral principles and values that govern the actions and decisions of an individual or group
laws
society's values and standards that are enforceable in the courts
caveat emptor
let the buyer beware
consumer bil of rights
codifies ethics of exchange btwn buyers and sellers
1. to safety
2. to be informed
3. to choose
4. to be heard
economic espionage
collection of trade secrets or proprietary info about a company's competitiors
code of ethics
formal statement of ethical principles and rules of conduct
whistle-blowers
employees who report unethical or illegal actions of their employers
moral idealism
personal moral philosophy that considers certain individual rights or duties as universal, regardless of the outcome
utilitarianism
personal moral philosophy that focuses on 'the greatest good for the greatest number,'by assessing the costs and benefits of the consequences of ethical behavior
social responsibility
organizations are part of a larger society and are accountable to that society for their actions
green marketing
marketing efforts to produce, promote, and reclaim environmentally sensitive products
ISO 1400
worldwide standards for environmentally quality and green marketing practices
social audit
systematic assessment of a firm's objectives, strategies, and performance in terms of social responsibility
sustainable development
conducting business in a way that protects the natural environment while making economic progress