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EN-044 GLOSSARY

AB
ActualizeTo make a reality of something; to turn a business idea into reality
Business sustainabilityThe successful long-term management of an organization’s financial, social, and environmental risks, opportunities, and obligations
Copyright infringementA violation of the rights of the person who owns a copyright
Corporate social responsibilityThe duty of businesses to contribute to the well-being of society
NepotismThe practice of using one’s power or influence to benefit one’s friends or relatives
Patent infringementA violation of the rights of the person who owns a patent
PufferyAn unsubstantiated exaggeration or overstatement typically used for self-gain; most frequently used in advertisements, sales presentations, and financial forecasts
Trademark infringementThe reproduction, counterfeiting, copying, or imitation, in commerce, of a registered mark
FairnessThe ability to make judgments without favoritism or self-interest; engaging in fair competition and creating equal relationships
SpinA dishonest way of presenting a person or situation
TransparencyThe quality of being just as one seems; being open and truthful when communicating
ViabilityThe long-term value of your choices


Business Marketing Teacher, Career Technical Education
CENTRAL CABARRUS HIGH SCHOOL
Concord, NC

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