Any occasion where normal practice is not followed

What is a Rogue Trader?

An illegitimate trader operating without skills & abilities

What makes a group a Pressure Group?

Voluntary groups create a case to be heard by everyone

What is Globalisation?

Economies of world are dominated by few multinational bus

What is a Whislteblower?

Informant of unethical practises within an organisation

What is Free Enterprise?

Economic system which people are free to offer goods

What does CSR stand for?

Corporate Social Responsibility

What is Corporate Governance?

People & Procedures for taking major decisions

Attempting to persuade by using cash or opportunity

Who are Stakeholders?

Individual/group who can be affected by a business

What are Operational Activities?

Day-to day actions to achieve primary actions

What is the Stock Exchange?

Market Place where company shares are bought & sold

What is Global Warming?

Gradual warming of Earth surface

What are Ethicial Values

Standards set to control behaviour

What is Cultural Imperialism?

Local ways of life being affected by Western values

What is Ethical Trade?

Big companies take account of ethical Q's along supply chain

Value added through work, skills and understanding

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Business Ethics Key Terms

17 termsStudBud Administration140 plays

A quiz of Key Terms relating to Level 3 BTEC Extended Diploma in Business Unit 37 Business Ethics

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Questions 17

Answers

1
What is Malpractice?
Minimum working hours
Minimum Wage
A mistake
Any occasion where normal practice is not followed
2
What is a Rogue Trader?
An illegitimate trader operating without skills & abilities
A legitimate trader operating with skills & abilities
3
What makes a group a Pressure Group?
Voluntary groups create a case to be heard by everyone
Public groups create a case to be heard by everyone
Private groups create a case to be heard by everyone
4
What is Globalisation?
Businesses taking over the world
Economies of world are dominated by few multinational bus
Lord Sugar
The government
5
What is a Whislteblower?
Informant of ethical practices within an organisation
Informant of the press
Informant of unethical practises within an organisation
Informant of activities within an organisation
6
What is Free Enterprise?
A government policy
Economic system which people are free to offer goods
Young Enterprise
Free Online Diploma in Enterprise
7
What does CSR stand for?
Current Social Responsibilty
Corporate System Responsibilty
Corporate Social Recreation
Corporate Social Responsibility
8
What is Corporate Governance?
Health and Safety
People & Procedures for taking major decisions
People & Procedures for making minor decisisons
Government policies
9
What is Corruption?
Comsumer do not feel secure with the quality of the product
Being bad
Attempting to persuade by using cash or opportunity
Business is carried in an open manner
10
Who are Stakeholders?
Individual/group who can be affected by a business
Individuals who own a share in the business
11
What are Operational Activities?
Day-to day actions to achieve primary actions
team building activities
A general list of duties
The aim of the business
12
What is the Stock Exchange?
Market Place where company shares are bought & sold
Market place where consumers can buy products
Market place where consumers can exchange their products
13
What is Global Warming?
Effect of climate short term
The sun shining
Gradual warming of Earth surface
Forests being cut down
14
What are Ethicial Values
Business Objectives
Standards set to control behaviour
Standards set to raise prices
15
What is Cultural Imperialism?
Cultures remaining the same
Cultures being radicalised
Local ways of life being affected by Western values
16
What is Ethical Trade?
Big companies take account of ethical Q's along supply chain
Selling products at a reduced price
Providing workers with less than minimum wage
17
What is Value Added?
Making product bigger
Value added through work, skills and understanding
VAT
Sign in a supermarket

Business Ethics Key Terms Flashcards | StudBud