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14 Cards in this Set

  • Front
  • Back
proactive stance
approach to social responsibility by which a company actively seeks opportunities to contribute to teh well-being of groups and individuals in its social environment
collusion
illegal agreement between two or more companies to commit a wrongful act
defensive stance
approch to social responsibility by which a compay meets only minimum legal requirements in its commitments to groups and individuals in its social environment
organizational stakeholders
those groups, individuals, and organizations that are directly affected by the practices of an organization and, therefore, have a stake in its performance.
obstructionist stance
approach to social responsibility that involves doing as little as possible and may involve attempts to deny or cover up violations
social responsibility
the attempt of a business to balance its commitments to groups and individuals in its enviroment, including customers, other businesses, employees, and investors
social audit
systematic analysis of a frim's success in using funds earmarked for meeting its social responsibility goals
ethics
beliefs about what is right and wrong or good and bad in actions that affect others
acoommodative stance
approach to social responsibility by which a company if specifically asked to do so, exceeds legal minimums in its commitments to groups and individuals in its social environment
ethical behavior
behavior conforming to generally accepted social norms concerning beneficial and harmful actions
consumerism
form of social activism dedicated to protecting the rights of consumers in their dealings with business
check kiting
illegal practice of writing checks against money that has not yet been credited at the bank on which the checks are drawn
business ethics
ethical or unethical behaviors by a manager or employer of an organization
whistle-blower
employee who detects and tries to put a end to a a company's unethical, illegal, or socially irresponsible actions by publicizing them