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Business Principles Ch 7

AB
be absentemployees who are physically fit are less likely to do what in the work place
glass ceilingThe invisible barrier to job advancement
Social responsibilitythe duty of a business to contribute to the well-being of society
moraleAs quality of work increases so does THIS
pollutionharmful environmental activity that creates breathing problems
code of ethicsA formal, published collection of values and rules that reflect the firm’s philosophy and goals
NGOIndependent groups which influence businesses through lobbying, publicity, and pressure tactics to alter their activities
Generation ZPeople born between 1991 and the end of the millennium; also called millennials.
recyclingReusing products or product packaging
social responsibilityThe duty of a business to contribute to the well-being of society
stakeholdersThe owners, customers, suppliers, employees, creditors, government, general public, and other groups who are affected by a firm’s action
valuesUnderlying beliefs and attitudes
be productiveWorkers who are physically fit are more likely to
Ethical ConductHaving THIS often requires more than following the law
Flexible schedulethis allows employees to start and leave work EITHER early OR LATER than a normal schedule
ValuesBecause THESE are very different among nations, ethical problems are likely to arise in International business
socially repsonsibleWhem a company is THIS it advances the interest of OTHERS
birth rateAs the standard of living increases, the THIS usually decreases
comparable worthWhen determining THIS, you must considespecial skills, any certain physical abilities, and educational background
birth rateAmerican families also have a falling one of these
EmployeesThese people want more variety in their work. to participate in decisions affecting their work lives and to participate in wellness programs.
flexible schedulingTHIS allows employees to start work earlier than other employees, allows employees to start work later than other employees, and helps employees avoid rush hour traffic.
telecommuteStaying in contact with the employer electronically while working from home or on the road.
gap between the rich and the poor in the U.S. is currently doing thiswidening



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