Match the vocabulary word with the correct definition.

Question

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complex situation in which people have difficulty choosing between a moral or an immoral act
duties and obligations of businesses which contribute to the well-being of society
all the parties which interact with the business
set of written standards issued by an organization to assist its employees in conducting their actions in conformity with the organization's ethical values
an entrusted person converts other’s assets or properties for his or her own use

Answer 1

Here are the vocabulary words matched with their correct definitions:

1. ethical dilemma - complex situation in which people have difficulty choosing between a moral or an immoral act
2. corporate social responsibility - duties and obligations of businesses which contribute to the well-being of society
3. stakeholders - all the parties which interact with the business
4. code of ethics - set of written standards issued by an organization to assist its employees in conducting their actions in conformity with the organization's ethical values
5. embezzlement - an entrusted person converts other’s assets or properties for his or her own use