20+ Business Ethics Terms John Spacey, updated on
Business ethics are principles of right and wrong that are used to guide a business. Firms that run contrary to the ethics of the societies in which they operate risk reprisals from political, social and legal systems. Adherence to an admirable set of ethics tends to result in investor confidence, employee engagement, less risk and a better relationship with customers, communities and regulators. The following are key terms related to business ethics.
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Crony CapitalismThe definition of crony capitalism with examples.ComplianceA few basic examples of compliance.
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A definition of independent knowledge with an example.
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A definition of segregation of duties with examples.
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A definition of administrative burden with examples.
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An overview of the term precrime as it relates to technology ethics.
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The definition of dark pattern with examples.
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