Match the term with its definition.
-The belief that ethical standards are subject to local interpretation
A)code of ethics
B)environmentalism
C)ethical imperialism
D)ethical relativism
E)integrity
F)intellectual property
G)social entrepreneurship
H)social responsibilities
I)stakeholders
J)sustainable small business
K)underlying values

Question

Quizplus · Accepted Answer

Ethical relativism is the belief that ethical standards are subject to local interpretation.

Answer: A
 Code of ethics refers to a set of guidelines and principles that outline the professional and ethical behaviors expected of an individual or organization.

Answer: C
 Ethical imperialism refers to the belief that one set of ethical standards applies to everyone, regardless of cultural differences.

Answer: E
 Integrity refers to adherence to moral and ethical principles, as well as honesty and sincerity in actions and words.

Answer: F
 Intellectual property refers to creations of the mind, such as inventions, designs, and artistic works, that are protected by law.

Answer: G
 Social entrepreneurship refers to the use of business principles to solve social or environmental problems.

Answer: H
 Social responsibility refers to the concept that individuals and organizations have a duty to act in the best interests of society as a whole.

Answer: I
 Stakeholders are individuals or groups who have an interest in or are affected by the actions of an organization.

Answer: J
 A sustainable small business is one that operates in an environmentally and socially responsible manner, while also being financially viable.

Answer: K
 Underlying values refer to the fundamental beliefs and principles that guide an individual or organization's actions and decisions.

Match the Term with Its Definition