Terms in this set (15)
- Ethics. rules or behaviors based on a group’s ideas about what is right and what is wrong.
- Business ethics. Principles that help define appropriate behavior in a business setting.
- Code of ethics.
- Code of conduct.
- Confidentiality agreement.
What is a proposal to provide a good or service?
A service proposal is a document that you use to pitch your company’s services and solutions to potential clients. It acts as a sales proposal, demonstrating that you understand your new clients’ problems and you know how to solve them.
What is the name of a document that dictates how business should be conducted?
A partnership agreement is the legal document that dictates the way a business is run and details the relationship between each partner.
What is overstating the features and benefits of products or services making false claims about them?
Greenwashing is the process of conveying a false impression or providing misleading information about how a company’s products are more environmentally sound. Greenwashing is considered an unsubstantiated claim to deceive consumers into believing that a company’s products are environmentally friendly.
Which is an example of ethical business behavior?
Examples of ethical behaviors in the workplace includes
obeying the company’s rules, effective communication, taking responsibility, accountability, professionalism, trust and mutual respect for your colleagues at work. These examples of ethical behaviors ensures maximum productivity output at work.
How do you implement ethical principles and standards in a business?
Six Tips on How to Implement a Strong Ethics Program
- Identify and Renew Company Values.
- Secure Visible Commitment From Senior Managers.
- Engage the Board of Directors.
- Develop an Ethics Code or Code of Business Conduct.
- Build Ethics Into Mission and Vision Statements.
How do you write a business proposal in Powerpoint?
15 Tips for a Great Business Proposal Presentation
- 3 ingredients of a successful proposal presentation.
- 1 Do your research.
- 2 Provide the attendees with a written proposal.
- 3 Plot your presentation with an audience journey map.
- 4 Inject stories in your presentation.
- 5 Focus on the benefits, not the specs.
What is the difference between a business proposal and a business plan?
A business plan is different from a business proposal in terms of content, structure, writing style, goals, and purpose. The most important difference to note is that a business plan is a written presentation of fact while a business proposal is a price quote and a call to action.
How can business letters and business proposals help you as a future entrepreneur?
It can help you secure funding
Writing a well-researched business proposal will help you demonstrate to prospective investors how investing in your business could benefit them, what makes your ideas or concepts unique, and why people will want to buy from you.
What are the documents needed in planning a business?
What Supporting Documents Should You Attach to Your Business Plan…
- Cash flow statement.
- Income statement.
- Balance sheet.
- Detailed financial projections.
- Capital equipment list.
- Resumes of key officers.
- Letters of support, reference, or credibility.
What is the process of getting goods and services to customers?
Ch 1 Marketing terms
|Distribution||The process of deciding how to get goods in customers’ hands.|
|Financing||Getting the money that is necessary to pay for setting up and running a business.|
|Marketing Information Management||Getting information about customers, trends, and competing products.|
What is a partnership agreement quizlet?
A an agreement between two or more people to carry on business as co-owners, have right to share control and profits. Agreement can be express or implied.
What is promoting the welfare of others?
/fəˈlanTHrəpē/ noun: the desire to promote the welfare of others, the love of humanity. synonyms: benevolence, generosity, humanitarianism, public-spiritedness, altruism, socially.
When writing a letter of inquiry when should you identify the purpose of your letter?
Entrep Unit 1
|When writing a letter of inquiry, when should you identify the purpose of your letter?||At the beginning of the letter|
|What component is important to include in all types of inquiry letters?||Contact information|
What is each person who participates in a contract agreement called?
When two parties enter into an agreement, there are two distinct roles each play: the promisor and the promisee. The promisor is the party that makes the promise, while the promisee is on the receiving end of the promise.
How do you handle ethical issues in the workplace?
Build a culture of integrity — from the top down.
- Talk about the importance of ethics.
- Keep employees adequately informed about issues that impact them.
- Uphold promises and commitments to employees and stakeholders.
- Acknowledge and reward ethical conduct.
- Hold accountable those who violate standards, especially leaders.
How do you demonstrate ethical and professional behavior?
Apply ethical decision-making framework and skills to issues specific to clinical social work
• Understand and identify professional strengths, limitations and challenges
engage in reflective practice
• Demonstrate professional use of self with client(s) including clinical reasoning, boundaries, self-disclosure and …
What is ethical behaviour in a business environment?
What is ethical behaviour in business? Ethical behaviour refers to the moral principles, rules and attitudes that organisations demonstrate in their conduct and dealings. Ethical behaviours are necessary for maintaining employee safety, adherence to law and regulation, and protection of the environment.
How can an organization be socially responsible and promote ethical conduct?
Organizations act socially responsible when they: provide severance payments to help laid-off workers make ends meet until they can find another job. provide workers with opportunities to enhance their skills and acquire additional education. allow employees to take time off when needed.
What is a socially responsible action?
Social responsibility is an ethical theory in which individuals are accountable for fulfilling their civic duty, and the actions of an individual must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment.
Why is it important to have a professional code of ethics in the workplace?
These standards are important because there has to be respect between the organization’s staff and clients at all times. With a strict code of ethics, a human resource department ensures that there is a professional standard that is maintained at all times to prevent crossing employee/client boundaries.
How do you develop a business plan?
How to Write a Business Plan, Step by Step
- Write an executive summary.
- Describe your company.
- State your business goals.
- Describe your products and services.
- Do your market research.
- Outline your marketing and sales plan.
- Perform a business financial analysis.
- Make financial projections.
How do you create a client presentation?
In Review: How to Give a Client Presentation
- Simplify, simplify, simplify (Don’t try to impress with jargon.)
- Speak their language.
- Focus on what matters to them.
- Make your point clearly, concisely and quickly.
- Confirm they understand, and remember to ask questions.
- Be respectful.
How do you write a research proposal presentation?
How do you write a research proposal presentation?
- Title/topic (1 slide)
- Research ‘problem’ or justification (1-2 slides)
- 3. ‘
- Research aim, objective, question or hypothesis (1 slide)
- Research method and methodology (1-5 slides)
- Summary or statement of proposed outcomes of the research (1 slide)
How will you develop a business plan for proposal discuss?
Traditional business plan format
- Executive summary. Briefly tell your reader what your company is and why it will be successful.
- Company description.
- Market analysis.
- Organization and management.
- Service or product line.
- Marketing and sales.
- Funding request.
- Financial projections.
What are technical project proposals and business proposals give details?
A technical proposal is a document that contains an introduction to the product, an explanation of how it will help address the recipient’s problem, the company’s execution plan, and technical details of the deal. This type of proposal should be brief, and it should explain the complex product in simple terms.
How is a business plan different from an executive summary?
Your executive summary is more than just a general outline of your business plan, though
your business plan’s audience is often busy executives and investors, so the executive summary might be the only part they read.
Why does a researcher need research proposal before undertaking any research work?
Ideally, it will demonstrate the quality and importance of your project as well as your ability to conduct the proposed research. The proposal also gives you the opportunity to think through your research project, to refine your focus, and to predict any challenges that may arise.
Why should an entrepreneur do a feasibility study for starting a new venture?
An entrepreneur should do a feasibility study for starting a new venture C) To estimate the expected sales. Explanation: A feasibility study is done before beginning with a new business venture to make sure the new venture can be beneficial and can generate enough profits so that it can be supported.
What is meant by collection letter in managerial communication?
A collection letter is a written notification to inform a consumer of his due payments. It is an official message to a borrower. A collection letter may include reminders, inquiries, warnings or notification of possible legal actions.