A | B |
antitrust laws | laws designed to promote competition |
business ethics | rules about how businesses and their employees ought to behave |
code of ethics | statement of values and rules guiding behavior |
contract | agreement to exchange goods or services for something of value |
copyright | protection of the work of authors, composers, and artists |
ethics | principles of morality or rules of conduct |
monopoly | a business that has complete control over the market for a product or service |
non-renewable resource | natural resource such as minerals that cannot be replaced once used up |
patent | exclusive right to make use or sell an invention for 17 years |
public utility | service or product vital to all people--price set by government |
social responsibility | obligation of a business to contribute to the well-being of a community |
trademark | work, letter, or symbol associated with a specific product or company |