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Flashcards in Chapter 3 Deck (9):
1

Demography

The study of people's vital statistics, such as their age, gender, race and ethnicity and location.

2

Neoliberalism

A set of economic policies that believes that the economy (and therefore social policy) should be market-driven, not government-driven

3

Stakeholders

Individuals, groups or organizations to whom a business has a responsibility: employees, customers, suppliers, investors, and the general public.

4

Corporate philanthropy

The practice of charitable giving by corporations, includes contributing cash, donating equipment and products, and supporting the volunteer efforts of company employees

5

Utilitarianism

A philosophy that focuses on the consequences of an action to determine whether it is right or wrong, and holds that an action that affects the majority adversely is morally wrong.

6

Justice

What is considered fair according to the prevailing standards of society; in the 21st century
, an equitable distribution of the burdens and rewards that society has to offer

7

Preconventional ethics

A stage in the ethical development of individuals in which people behave in a childlike manner and make ethical decisions in a calculating, self-centered, selfish way, based on the possibility of immediate punishment or reward; also known as self-centered ethics

8

Conventional ethics

The second stage in the ethical development of individuals in which people move from an egocentric viewpoint to consider the expectations of an organization or society; also known as social ethics.

9

Post conventional ethics

The third stage in the ethical development of individuals in which people adhere to the ethical standards of a mature adult and are less concerned about how others view their behavior than about how they will judge themselves in the long run; also known as principaled ethics