Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
16 Cards in this Set
- Front
- Back
|
Ethical issue |
A problem, situation, or opportunity that requires an individual or group to choose among actions. |
|
|
Equality |
How wealth or income is distributed |
|
|
Optimization
|
The tradeoff between equity and efficiency |
|
|
Commission lying |
Creating a false perception with words that deceive the receiver |
|
|
Omission lying |
Intentionally not informing channel members of problems relating to a product that affects awareness, intention, or behavior |
|
|
Bribery |
The practice of offering something in order to gain an illicit advantage |
|
|
Active Bribery |
The person who promised or gives the bribe commits the offense |
|
|
Passive Bribery |
An offense committed by the official who receives the bribe |
|
|
Facilitation Payments |
Legal as long as they are small |
|
|
Equal Employment Opportunity Commission (EEOC) |
To interpret and enforce federal laws prohibiting discrimination. |
|
|
The Age Discrimination in Employment Act |
Law that forbids employment discrimination against anyone at least 40 years of age in the United States |
|
|
Unethical dual relationship |
The relationship causes a conflict of interest of impairment of professional judgement |
|
|
Fraud |
Any purposeful communication that deceives, manipulates, or conceals facts in order to create a false impression -Accounting fraud |
|
|
Dodd-Frank Wall Street Reform andConsumer Protection Act |
Seeks to improve financial regulation, increase oversight, and prevent excessiverisk-taking, deceptive practices and lack of oversight |
|
|
Legal insider trading |
Involves legally buying and selling stock in an insider's own company, but not all the time |
|
|
Illegal insider trading |
The buying or selling of stocks by insiders who possess material that is not public |
