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23 Cards in this Set

  • Front
  • Back

Moral Compass in early years of life

Family

Whistle Blowing act

Federal employee that sees ethical wronging, youcan report it without fear of retaliation

Ethics

Beliefs about what is right and wrong orgood and bad in actions that affect others

Business ethics

Refers to ethical or unethical behaviorsby employees in the context of their jobs

2 ways companies commit to ethical practices

*Written codes


*ethics programs

Managerial ethics



*Behaviortoward employees (hiring/firing, wages/ work conditions)


*Behaviortoward org. (conflict of int., confidentiality)


*Behaviortoward other economic agents (customers/competitors/suppliers)

5 most common unethical behaviors

*Misusing company time


*Abusive behavior


*Lying to employees


*Employee theft


*Violating company internet policies

Core Values

unchanging

objectives

changed infrequently



strategies

change often

Promises to pay a minimum no matter what

Fair trade

freedom from perfection

true education

truth

veritas

Pain is ______ and change is ______

changeful and painful

all of us are _____ and all of us are _____

prejudice and ethocentric

Advent Gx

Business incubation for entrepreneurs

most important thing for a business to succeed from an entrepreneur's point of view

timing

#1 thing visitors ask to do when the come to TX

go to a gun shop

festivals and events

texas reds, rock the republic, stafford building

single biggest obstacle to business success

gov. regulation

whatever you do in the business world you must first...

sell (yourself and product)

cost of startup=

less than cost of keeping it going

#1 trait of a successful business owner

genuine interest in the customer