| A | B |
|---|
| Ethics | Moral principles by which people conduct themselves personally, socially, or professionally. |
| Business Ethics | Rules based on moral principles about how businesses and employees ought to conduct themselves. |
| code of ethics | A set of guidelines for maintaining ethics in the workplace. |
| sweatshop | A shop or factory in which workers are employed for long hours at low wages and under unhealthy conditions. |
| (OSHA) Occupational Safety and Health Administration | A division of the U.S. Department of Labor that sets and enforces work-related health and safety rules. |
| Examples of unethical business practices | lying, offering merchandise known to be substandard, or treating customers and employees unfairly. |
| Conflict of Interest | A conflict between self-interest and professional obligation. |
| Triangle Shirtwaist Factory Company | This businesses inadequate exit doors and fire escapes along with the overcrowded conditions led to the deaths o 146 workers in a March 25th, 1911 fire in New York City |
| Examples of ethical business practices | Providing safe products, creating jobs, treating their employees fairly, protecting the environment, and being truthful about their financial situation. |
| Bribery | This occurs when gifts, money, or favors are offered to encourage a business deal. |
