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Business Chapter 4

AB
Social Responsibilitythe idea that businesses act in a responsible and fair way toward their employees and society has a whole
EthicsThe set of moral principles by which people conduct themselves personally, socially, or professionally.
Business EthicsA set of guidlines about how a business should conduct itself.
SweatshopsFactories that have unsafe working conditions, treat workers hardly, and pay poorly.
Occupational Safety and Health Administration (OSHA)A division of the Department of Labor that sets and enforces work-related health and safety rules.
Code of EthicsA set of guidlines for maintaining ethics in the workplace.
Conflict of InterestWhen a business is tempted to put profits before social welfare.
Food and Drug Administration (FDA)A government agency that protects consumers from dangerous or falsely advertised products.
Equal Pay ActRequires that men and women be paid the same for equal work.
Enviromental Protection Agency (EPA)A federal agency that enforces rules that protect the enviroment and control pollution.


Personal and Business Finance
Dobyns-Bennett High School

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