| A | B |
|---|
| social responsibility | The concern of business for the welfare of society as a whole |
| ethics | The rules or standards governing the conduct of a person or group |
| conflict of interest | Situation in which a business decision may be influenced by the potential for personal gain |
| insider trading | Use of material nonpublic information to further one's own fortune or those of one's family and friends |
| code of ethics | Written statement setting forth the principles that guide an organization's decisions |
| ethical dilemma | Situation in which both sides of an issue can be supported with valid arguments |
| ethical lapse | Situation in which an individual makes a decision that is morally wrong, illegal, or unethical |
| social audit | Assessment of a company;s performance in the area of social responsibility |
| philanthropic | Descriptive term for altruistic actions such as donating money, tine, goods, or services to charitable, humanitarian, or educational institutions |
| pollution | Damage to or destruction of the natural environment caused by the discharge of harmful substances |
| ecology | Study of the relationships between living things in the water, air, and soil, their environments, and the nutrients that support them |
| consumersim | Movement that pressures businesses to consider consumer needs and interests |
| discrimination | In a social and economic sense, denial of opportunities to individuals on the basis of some characteristic that has no bearing on their ability to perform in a job |
| affirmative action | Activities undertaken by businesses to recruit and promote women and minorities, based on an analysis of the workforce and the available labor pool |
| diversity imitatives | Company policies designed to enhance opportunities for minorities and to promote understanding of diverse cultures, customs, and talents |
