Term of the day
ethical decision making
Ethical decision making helps people make difficult choices when faced with an ethical dilemma, a situation in which there is no clear right or wrong answer. For example, would it be right for a CEO to keep a contractual bonus when the business is making lower-paid colleagues redundant?
Ethical decision making typically examines three perspectives: the ethic of obedience; the ethic of care; and the ethic of reason. The ethic of obedience looks not only at the letter of the law, but also the...
Business glossary
- business ecosystemIncreasingly, businesses operate in a broader network of related businesses offering particular products or services. This is known as a...
- business model
- classical economics
- corporate governance
- corporate responsibility
- elasticity of demand
- flexible working
- generation Y
- green technology
- hidden needs
- market capitalisation
- moral hazard
- price/earnings ratio
- private equity
- return on equity
- social media
- sustainable enterprise
- trade secret
- value-based pricing
- value investing
- venture capital
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Buzz Words
- AbenomicsAbenomics is the name given to a suite of measures introduced by Japanese prime minister Shinzo Abe after his December 2012 re-election to...
- crowdfunding
- crowdsourcing
- Dodd-Frank Act
- ESG
- flash trading
- Glass-Steagall Act
- grey dollar
- hawk
- inflation targeting
- Keynesian economics
- microfinance
- MMO massively multiplayer online
- pregnant presenteeism
- sukuk (Islamic bonds)
- spread betting
- sustainable development
- too big to fail
- toxic assets
- Volcker rule
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In the News
- cyber crimeCyber crime involves activities like raiding bank accounts and stealing information from companies. ExampleIntel employee Biswamohan Pani...
- financial regulation
- dark pools
- Financial Policy Committee FPC
- IMF
- insider trading
- IPO
- Libor
- monetary transmission
- net neutrality
- peak oil
- Serious Fraud Office
- sovereign bonds
- strategic alliance
- proprietary trading
- Yellen Index
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