chapter 3: business ethics & social responsibility Flashcards

1
Q

csr

A

corporate social responsibility. driven by values, ethics, and the contributions made to communities.

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2
Q

duty to report

A

must disclose all important information

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3
Q

whistleblowing

A

when an employee informs officials or publics about an illegal or ethical violation

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4
Q

fair trade

A

voluntary practice of helping producers in developing countries bypass expensive middlemen so they can sell their goods in other countries for a fair profit

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5
Q

how might ethics/morals/values/csr influence a business’ decision to say

A

considering the impact on stakeholders, ensuring fair treatment, maintaining integrity, and aligning with personal beliefs and values.

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