Match the term with its definition.
-Official standards of employee behavior formulated by a business owner
A)code of ethics
B)environmentalism
C)ethical imperialism
D)ethical relativism
E)integrity
F)intellectual property
G)social responsibilities
H)skimming
I)stakeholders
J)sustainable small business
K)underlying values

Question

Quizplus · Accepted Answer

A code of ethics is a set of guidelines established by a company to guide employees in making ethical decisions and actions.

Answer: B
 Environmentalism refers to the belief in and concern for the protection of the natural environment, often through activism and advocacy.

Answer: C
 Ethical imperialism is the belief that universal ethical principles can be applied across all cultures and societies.

Answer: D
 Ethical relativism is the belief that ethical principles are subjective and vary depending on cultural, social, and personal values.

Answer: E
 Integrity refers to the quality of being honest, ethical, and possessing strong moral principles.

Answer: F
 Intellectual property refers to any creations of the mind, such as inventions, literary and artistic works, and symbols, names, images, and designs used in commerce.

Answer: G
 Social responsibilities refer to the obligations and duties that businesses have to act in the best interest of society, including the environment and the well-being of its stakeholders.

Answer: H
 Skimming refers to the act of stealing cash from a business, typically by diverting cash from sales or skimming from cash receipts.

Answer: I
 Stakeholders refer to anyone who has a vested interest in a business or organization, including employees, customers, shareholders, and the broader community.

Answer: J
 A sustainable small business is one that is environmentally and socially responsible, financially viable, and produces products and services that meet the needs of customers.

Answer: K
 Underlying values refer to the fundamental beliefs and principles that guide decision making and behavior. These values can include honesty, fairness, and respect for others.

Match the Term with Its Definition