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Related Flashcards
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Cards In This Set
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Ethics
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The principles and standards that determine acceptable conduct in business
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Social Responsibility
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Relates to a business’s impact on society
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Sarbanes-Oxley Act
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Criminalized securities fraud and stiffened penalties for corporate fraud
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Ethics is related to the _____ in which a business operates
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Culture
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Conflict of Interest
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The most common ethical issue identified by employees
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Managers use the _____ of their position to influence employees’ actions
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Authority
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Plagiarism
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Involves taking someone else’s work and presenting it as your own
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A code of ethics represents _____ rules and standards of what a company expects of its employees
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Formalized
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Being a good corporate citizen and contributing to the community are examples of _______
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Voluntary Responsibilities
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Laws regarding safety in the workplace are enforced by: ____
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OSHA
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One role of the FTC’s Bureau of Consumer Protection is to protect consumers from
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Fraud
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Approximately ___ of Fortune 500 companies have a written environmental policy
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83%
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Being profitable is an example of _____
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Economic Responsibility
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Obeying the law is a business’ _____
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Legal Responsibility
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Approximately _____ of Fortune 500 companies engage in recycling efforts
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75%
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