Chapter 4 Vocab

12 cards

Intro to Busi ness﷯﷯﷯


 
  
Created Mar 15, 2011
by
dhorveath

 

 
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1
10. principles of morality or rules of conduct
 
f. ethics
2
11. the obligations of a business to contribute to the well-being of a community
 
k. social responsibility
3
12. rules about how businesses and their employees ought to behave
 
b. business ethics
4
13. a natural resource, such as gas, coal, copper, or iron ore, that cant be replaced once...
 
h. non-renewable resource
5
14. a statement of values and rules that guides the behavior of employees or members of an...
 
c. code of ethics
6
15. a business that supplies a service or product vital to all people; the price charged for...
 
j. public utility
7
16. laws designed to promote competition and fairnesss and to prevent monopolies
 
a. antitrust laws
8
17. protection of the work of authors, composers, and artists
 
e. copyright
9
18. an agreement to exchange goods or services for something of value
 
d. contract
10
19. the exclusive right given to a person to make, use, or sell an invention for a period of...
 
i. patent
11
20. a word, letter, or symbol associated wiht a specific product or company
 
l. trademark
12
21. a business that has cpmplete control of the market for a product or service
 
g. monopoly

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