Business Ethics Chapter 10

13 cards

Overview of chapter 10 from the textbook "Business Ethics: Ethical Decision Making and Cases"


 
  
Created Nov 17, 2009
by
adlagrone

 

 
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1
Self-reference criterion
 
2
Dumping
 
the practice of charging high prices for products sold in domestic markets while selling the...
3
Culture
 
consists of everything in our surroundings that is made by people—both tangible items and...
4
Cultural relativism
 
the concept that morality varies from one culture to another and that business practices are...
5
Multinational corporation
 
public companies that operate on a global scale without significant ties to any one nation...
6
Price discrimination
 
when a firm changes different prices to different groups of customers. Differential pricing...
7
Gouging
 
cost of transportation, taxes, tariffs, and other expenses are increased beyond the level...
8
Facilitating payment
 
giving bribes
9
Foreign corrupt practices act
 
prohibits U.S. companies from offering or providing payments to officials of foreign governments...
10
Omnibus trade and competitiveness act
 
reduced FCPA legislation in certain areas and repealed the Eckhardt amendment, which prevented...
11
Money laundering
 
consists of using or transferring illegally received funds in a financial transaction in order...
12
Intellectual property
 
refers to the ideas and creative materials that individuals develop to solve problems, to...
13
World trade organization
 
established in 1995, 133 members, 33 nations applied for membership and hold observer status....

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