E1 Semester 1 Review Part 2

The system of rules which a particular country or community recognizes as regulating the actions of its members.

• Ethics

• Morals

• Behavior

• Laws

Moral principles that govern a person's behavior or the conducting of an activity.

• Ethics

• Morals

• Behavior

• Laws

A person's standards of behavior or beliefs concerning what is and is not acceptable for them to do.

• Social responsibility

• Morals

• Behavior

• Laws

The way in which one acts or conducts oneself, especially toward others.

• Social responsibility

• Morals

• Behavior

• Laws

Businesses, in addition to maximizing shareholder value, must act in a manner that benefits society.

• Social responsibility

• Morals

• Behavior

• Conflict of interest

A situation in which the concerns or aims of two different parties are incompatible.

• Social responsibility

• Morals

• Behavior

• Conflict of interest

The way in which one acts or conducts oneself, especially toward others.

• Social responsibility

• Conflict of interest

• Behavior

• Laws

What can help you think of creative ideas and ways to solve problem?

• Meetings

• Networking

• Meditating

• Brainstorming

Which are some factors when selecting what type of business to open?

Select all that apply.

• Nature of business activity

• Scale of operations

• What other companies are doing

• Capital requirements

• Degree of control and management

Which part of a business plan is the first section should be a concise overview of your business plan?

• Executive summary

• Company description

• Products and services

• Market analysis