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Business Analysis: Chapter 4
Business Analysis: Chapter 4
12
Business
9th Grade
04/25/2011

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Term
Defn Ethics
Definition
Standards of moral behavior is behavior that is accepted by society as right or wrong
Term
Questions to ask self in an ethical dilema IN ORDER
Definition
1. Is it legal?
2. Is it OK for everyone to do: balanced?
3. How will it make me feel about myself?
Term
Difference between ethical dilemma and ethical lapse
Definition
Dilemma: Both sides of an issue can be supported, no clear right or wrong
Lapse: When an individual makes a dicision that is morally wrong/illegal, doing the wrong thing
Term
Difference between integrity and compliance based codes
Definition
Compliance: Penalty for wrong doings
Integrity: No penalty for wrong doings
Term
Defn Wistleblower
Definition
People who report illegal or unethical behavior
Term
Defn Corporate Social Responsibility
Definition
Anything a corporation does to give back to society
Term
Defn Corporate Philanthropy
Definition
The dimension of social responsibility that includes charitable donations to nonprofit groups
Term
The JFK rights
Definition
Have the right to:
-Safety
-Be informed
-Choose
-Be heard
Term
Defn Insider Trading
Definition
Insiders using private company info to further their own fortunes or those of family and friends
Term
Defn Green Washing
Definition
When companies claim they are more environmentally responsible than they really are
Term
Defn Social Audit
Definition
A systematic evaluation of an organization's progress towards implementing programs that are socially responsible, usually done by an outside source
Term
Defn Forgein Corrupt Practices Act
Definition
Made to prohibit the bribery of foreign government officials by U.S. persons and prescribe accounting and record-keeping practices
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