Ethics

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  • Created by: Nilan123
  • Created on: 06-10-18 15:44
Moral principles affecting someone’s behaviour
Ethics
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Abbreviation of Multinational Company
MNC
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A person with an interest or concern with the business.
Stakeholder
3 of 19
A serious disagreement over a particular decision
Conflict
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Car company that behaved unethically in 1970
Ford
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Who is likely to be concerned with profit maximisation as it gives them larger dividends?
Shareholders
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The action or fact of treating someone unfairly in order to benefit from their work.
Exploitation
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The lack of ... allows MNCs to provide low wages to those in developing/emerging countries
Legislation
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A major company that has opened sweatshops in LEDC’s with poor protectionist policies
Nike
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A factory/workshop, especially in the clothing industry, where manual workers are employed at very low wages for long hours and under poor conditions.
Sweatshops
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3.3 million people are killed annually by this problem caused by large corporations.
Pollution
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What is the name of the legislation that protects the environment? ... ... Act
Environmental Protection
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Most polluted city on earth
India
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MNCs are ruining cities and rivers with toxic elements
Waste Disposal
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Exploitation of labour is created by the misuse of ... given to a few corrupt individuals
Power
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The employment of children in an industry or business, especially when illegal/exploitative.
Child Labour
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Form of corrupt marketing activity
Bribing
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When products do not match what they are said to be/do
Misleading
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Ethics includes elements of ...(acronym) - a business approach that contributes to sustainable development by delivering economic, social and environmental benefits for all stakeholders.
CSR
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Other cards in this set

Card 2

Front

Abbreviation of Multinational Company

Back

MNC

Card 3

Front

A person with an interest or concern with the business.

Back

Preview of the front of card 3

Card 4

Front

A serious disagreement over a particular decision

Back

Preview of the front of card 4

Card 5

Front

Car company that behaved unethically in 1970

Back

Preview of the front of card 5
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