| A | B |
|---|
| baby boom | referes to the high birth rate period from 1945-1965 |
| baby bust | refers tothe low birth reate period following the baby boom period |
| Frost Belt | colder northern half of the country |
| Sun Belt | warmer southern half of the country |
| Rust Belt | the north central and northeastern states where major manufacturing centers were once dominant |
| labor force | includes mort people aged 16 or over who are available to work, whether employed or unemployed |
| labor participation rate | the percentage of the labor force either employed or actively seeking employment |
| glass ceiling | an invisible barrier to job advancement |
| sticky floor syndrome | the inability of workers to move up from low-paying jobs requiring little skill and education |
| comparable worth | paying workers equally for jobs with similar but not identical job requirements |
| Generation X | workers from the post-baby-boom generation |
| Net Generation | persons born between 1977 and 1997 |
| telecommute | allows employees to work at home using computers rather than at the business |
| recycling | reusing products and packaging whenever possible |
| ethics | of moral conduct that individuals and groups set for themselves |
| business ethics | a collection of principles and rules of conduct that defines what is right and wrong conduct for an organization |
| code of ethics | a formal, published collection of values and rules that reflect a firm's philosophy and goals |
| business confidentiality | keeping sensitive company information secret |
| social responsiblity | the duty of a business to contribute to the well-being of society |
| stakeholders | individuals and groups that are affected by a firm's actions |
| non-governmental organizations | indendent groups that influence businesses through lobbying, publicity, and pressure tactics to alter their activities |
