The practice of lending money at unreasonably high rates of interest
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Corporate Social Responsibility (CSR)
The belief that an organisation has ethical responsibilities both in its own conduct and to the wider community - applies corporately too
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Stakeholder
Any individual or group affected by the activities of an organisation, incl. suppliers, customers, the wider community, employees and shareholders
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Ethos
The characteristic spirit of a culture, era, or community that can be observed in its attitudes and aspirations
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Free Market Economy
An economy in which prices, wages, etc are determined by the laws of supply and demand - also has minimal government intervention
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Profit Motive
The desire to make money/the motivation of firms that operate so as to maximise their profits
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Multinational Company
A corporate organisation that owns or controls the production of goods or services in at least one country other than its home country
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Stakeholder
A person, usually an employee, who exposes information or activity within a private, public, or government organization that is deemed illegal, illicit, unsafe, or waste, fraud, or abuse of taxpayer funds
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Other cards in this set
Card 2
Front
Corporate Social Responsibility (CSR)
Back
The belief that an organisation has ethical responsibilities both in its own conduct and to the wider community - applies corporately too
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