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Ethics 1 Vocabulary

AB
Glass Ceilingan invisible barrier to job advancement.
Sticky Floor syndromeThe inability of workers to move up from low-paying jobs requiring little skill and education.
Comparable worthPaying workers equally for jobs with similar but not identical job requirements.
Generation XPeople in the post-baby-boom generation
Net GenerationThose persons born between 1977 and 1997.
TelecommuteWorking from home or on the orad, staying in contact with the employer electronically.
Business EthicsA collection of principles and rules of conduct based on what is right and wrong for organization.
Code of ethicsA formal, published collection of values and rules used to guide the behavior or an organization toward its various stakeholders.
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 grups who are affected by a firm's action.
Nongovernmental organizationsGroup problem-solving method in which group members write down and evaluate ideas to be shared with the group.


Business Educator
Tri-County High School
Wolcott, IN

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