NATIONAL DIFFERNCES

1. exclusive legal rights of authors, composers, playwrights, artists, and publishers to publish and dispose of their work as they see fit
2. action theft, piracy, blackmail, and the like by private individuals or groups
4. designs and names, often officially registered, by which merchants or manufacturers designate and differentiate their products
8. law based on tradition, precedent, and custom
11. Economy Includes some elements of market economies and some elements of command economies
12. give inventor exclusive rights to the manufacture, use, or sale of that invention
13. relativism ethics are culturally determined, and firms should adopt ethics of the cultures in which they operate
16. Accepted principles of right or wrong that govern conduct of a person, members of a profession, or actions of an organization
17. Political system in which government is by the people, exercised either directly or through elected representatives
18. dilemma: situation in which no course of action is absolutely acceptable from an ethical or moral perspective.

1. a system of values and norms shared among a group of people and, when taken together, constitute a design for living
3. Economy Goods and services a country produces and the quantity in which they are produced is determined by supply and demand
5. a group of people sharing a common set of values and norms
6. of ethics a business’s formal statement of ethical priorities
7. rights legal rights over the use to which a resource is put and over the use made of any income derived from that resource.
9. law based on religious teachings.
10. law based on detailed set of laws organized into codes
14. liability holds a firm and its officers responsible when a product causes injury, death, or damage
15. safety laws set certain safety standards to which a product must adhere
18. strategy strategy, or course of action, that does not violate these accepted principles.