Match the term with its definition.
-Individuals or groups who either can affect or are affected by the performance of the company
A)code of ethics
B)environmentalism
C)ethical imperialism
D)ethical relativism
E)integrity
F)intellectual property
G)social responsibilities
H)skimming
I)stakeholders
J)sustainable small business
K)underlying values

Question

Quizplus · Accepted Answer

The term "stakeholders" refers to individuals or groups who either can affect or are affected by the performance of the company.

Answer: G
 "Social responsibilities" refers to the obligations that a business has to society and the environment beyond its financial performance.

Answer: D
 "Ethical relativism" is the belief that morality is relative to the individual or culture and there are no universal ethical standards.

Answer: E
 "Integrity" refers to the quality of being honest and having strong moral principles.

Answer: F
 "Intellectual property" refers to creations of the mind such as inventions, literary and artistic works, symbols, designs, and names used in commerce.

Answer: A
 "Code of ethics" is a set of guidelines designed to help employees of a company make decisions that are in line with the company's values and policies.

Answer: B
 "Environmentalism" is a social movement that advocates for the protection of the natural environment from destruction or pollution.

Answer: J
 "Sustainable small business" refers to a company that can maintain its operations without causing harm to the environment and can meet the needs of the present without compromising the ability of future generations to meet their own needs.

Answer: C
 "Ethical imperialism" is the belief in the superiority of one's own culture when it comes to ethical practices, and the tendency to judge other cultures by one's own standards.

Answer: H
 "Skimming" is a fraudulent practice in which a business collects cash payments without reporting them on their tax returns or financial statements.

Answer: K
 "Underlying values" refers to the principles and beliefs that a business or individual uses as a foundation for its decision-making and actions.

Match the Term with Its Definition