Standards and principles used by society to define appropriate and inappropriate conduct in the workplace.

Individual's values, principles and standards of conduct.

A business' obligation to maximize its positive impact and minimize its negative impact on society.

Payments, gifts, or special favours intended to influence the outcome of a decision.

Number-one area of misconduct observed in the workplace.

Physical threats, false accusations, profanity, insults, yelling. Company policies help prevent company resource abuse.

When a person is faced with a choice between advancing personal interests or those of a stakeholder.

One individual or organization takes another to court using civil laws

When an employee exposes an employer's wrongdoing to outsiders, such as the media, or government agencies.

Activities that independent individuals, groups, and organizations undertake to protect their rights as consumers.

Extent to which businesses meet the legal, ethical, economic, and voluntary responsibilities placed on them by their various stakeholders.

Conducting activities in a way that allows for the long term well-being of the natural environment, including all biological entities.

Rules and regulations that govern the conduct of business.

Prohibits a specific kind of action but also imposes a fine or imprisonment as punishment for violating the law.

All the laws not classified as criminal. violations may result in fines but not imprisonments.

Legal power of a court, though a judge, to interpret and apply the law and make a binding decision in a particular case.

Purposefully unlawful act to deceive or manipulate to damage others.

Private or civil wrong other than breach of a contract.

Failure or refusal of a party to a contract to live up to his or her promises.

When a firm or country is the most efficient producer of an item.

When a firm or country specializes in products that it can supply more efficiently or at a lower cost than it can produce other items.

Sharing of the costs and operation of a business between a foreign company and a local partner.

Partnership formed to create competitive advantage on a worldwide basis.

Form of licensing in which a company agrees to provide a name, logo, method of operation, advertising, products and other elements associated with a business in return for a financial commitment and certain agreements regarding operations.

The transferring of manufacturing or other tasks to countries where labour and supplies are less expensive.

The sale of goods and services to foreign markets.

The purchase of goods and services from foreign sources.

Where foreign companies transfer tasks to U.S. companies.

The difference in value between a nation's exports and its imports.

Facilities that support a country's economic activities.

Ratio at which one nation's currency can be exchanged for another nation's currency.

Tax levied by a nation on goods imported into the country.

A restriction on the number of units of a particular product that can be imported into a country.

A prohibition on trade in a particular product.

A group of firms or nations that agrees to act as a monopoly and not compete with each other, in order to generate a competitive advantage in world markets.