Unit 7 Chapter 6 Flashcards Preview

Business Year 2 - Keywords > Unit 7 Chapter 6 > Flashcards

Flashcards in Unit 7 Chapter 6 Deck (14):
1

Demography

The study of human populations including thier size, growth rates and movements

2

Migration

The movement of people between countries or regions

3

Urbanisation

The movement of people from the countryside to live in cities

4

Ethical behavior

That which is regarded as being morally correct, such as using sustainable sources of supply for resources used in production

5

Corporate social responsibilities

The duties a business has towards employees, customers, society and the environment

6

Stakeholders

Individuals or groups within society who have an interest in an organisation's operation and performance

7

Pressure group

A group of people with common interests who organise to influence public opinion and the decisions of business and governments

8

Ethics

Moral principles that can shape the way a business behaves

9

Corporate social reports

Documents setting out a business's targets for meeting its social obligations and the extent to which previous social targets have been achieved

10

Cloud computing

The centralised storage of data in remote servers and online access by users worldwide on internet connected devices

11

CAD

A combination of hardware and software that allows businesses to create, modify and adapt plans for new products

12

CAM

The use of machines controlled by computers as part of a production process

13

Data analytics

The process of investigating raw data with the intention of drawing conclusions from the information

14

Carroll's CSR pyramid

A pyramid illustrating four tiers: economic responsibilities, legal responsibilities, ethical responsibilities philantropic responsibilities