AE10

is a set of principles, rules, practices, and processes that promote accountability, transparency, and ethical behavior in business.

prioritize private ownership, free markets, and minimal government intervention in their economies.

Prioritizes market-driven mechanisms and restricts the state’s involvement in economic matters. It champions concepts such as private ownership, unrestricted markets, and minimal governmental interference.

involves a more hands-on approach by the government in economic matters compared to the Anglo-Saxon model. It emphasizes government regulation of markets, the provision of social welfare programs, and efforts to redistribute income.

• - was structured hierarchically, with the sultan as the supreme ruler.

- Religious tolerance was practiced, allowing diverse ethnic and religious groups to coexist under a system called millet.

• - The empire also had a centralized bureaucracy responsible for taxation, law enforcement, and administration.

tends to give priority to the interests of capitalism. Encourages radical innovation and cost competition

– recognizes the interest of workers, managers, suppliers, customers and the community. Facilitates incremental innovation and quality competition

This views not only as an environmental or economic concept but also as a societal agreement or commitment to ensure that current actions do not compromise the well-being of future generations.

jobs are altered and completed based on higher authority

• - tasks completed and sent to higher ups

• - company wide collaboration