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1.02 Key Terms
Ethics in Entrepreneurship
Term | Definition |
---|---|
Actualize | to make reality of something; to turn a business idea into reality |
Business sustaniability | The successful long-term management of an organizations, financial, social, and enviorment risks, opportunities, and obligations |
Copyright infringement | A violation of the rights of the person who owns a being of socciety |
Corporate Social Responsibilty | The duty of business to contribute to the well-being of society |
Nepotism | The practice of using ones power or influence to benefit ones friends or relatives |
Patent Infringement | A violation of the rights of the person who owns a patent |
Puffery | An unsubstantiated exaggeration or overstatement typically used for self-gain; most frequently used in advertisments, sales presentations, and financial forecasts |
Trademark Infringement | The reproduction, counterfeiting, copying, or imitation, in commerce, of a registered mark |