Shared Flashcard Set

Details

MGT 356
Chapter 2
6
Business
Undergraduate 4
02/22/2011

Additional Business Flashcards

 


 

Cards

Term
business ethics
Definition
the application of ethical standards to business behavior
Term
stakeholder
Definition
someone with a share or interest in a business enterprise
Term
corporate governance
Definition
the system by which business corporations are directed and controlled
Term
oxymoron
Definition
the combination of two contradictory terms, such as "deafening silence" or "jumbo shrimp"
Term
code of ethics
Definition
a company's written standards of ethical behavior that are designed to guide managers and employees in making the decisions and choices they face every day
Term
ethical dilemma
Definition
a situation in whihc there is no obvious right or wrong decision, but rather a right or right answer
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