BA 101

Card Set Information

Author:
nyc1970
ID:
248883
Filename:
BA 101
Updated:
2013-11-24 22:02:52
Tags:
Chapt
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Description:
Business Ethics and Social Responsibility
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  1. social responsibility
    a firm's recognition of how its business decisions can affect society
  2. consumerism
    the collective demand by consumers that businesses satisfy their needs
  3. business responsibilities
    a set of obligations and duties regarding product quality and treatment of customers, employees, and owners that a firm should fulfill when conducting business
  4. monopoly
    a firm that is the sole provider of goods or services
  5. sexual harassment
    unwelcomed comments or actions of a sexual nature
  6. affirmative action
    a set of activities intended to increase opportunities for minorities and women
  7. shareholder activism
    active efforts by stockholders to influence a firm's management policies
  8. institutional investors
    financial institutions that purchase large amounts of stock

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