Term
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Definition
| Beliefs about what's right and wrong or good and bad |
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Term
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Definition
| Behavior conforming to individual beliefs and social norms about what's right and good |
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Term
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Definition
| Behavior conforming to individual beliefs and social norms about what is defined as wrong and bad |
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Term
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Definition
| The ethical or unethical behaviors by employees in the context of their jobs |
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Term
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Definition
| The overall way in which a business attempts to balance its commitments to relevant groups and individuals in its social environment |
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Term
| Organizational Stakeholders |
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Definition
| Groups, individuals, and organizations that are directly affected by the practices of an organization and, therefore, have a stake in its performance |
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Term
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Definition
| The expectation of an expanded role for business in protecting and enhancing the general welfare of society |
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Term
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Definition
| When two or more firms agree to collaborate on such wrongful acts as price fixing |
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Term
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Definition
| Responding to increased demand with overly steep (and often unwarranted) price increases |
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Term
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Definition
| A company does as little as possible and may attempt to deny or cover up violations |
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Term
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Definition
| A company does everything required of it legally but no more |
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Term
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Definition
| A company meets its legal and ethical requirements and also goes further in certain cases |
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Term
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Definition
| A company actively seeks to contribute to the well-being of groups and individuals in its social environment |
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