Business Ethics and Social Responsibility

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This set of flashcards covers key concepts related to business ethics and social responsibility, particularly focusing on the influence of Judaism, Christianity, and Islam on business practices.

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10 Terms

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Judaism

The world’s oldest monotheistic religion that emphasizes the belief in one God and following the Torah.

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Christianity

The largest religion in the world focused on the teachings of Jesus Christ, who is believed to be the Son of God.

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Islam

A monotheistic religion that means 'submission to God' and whose followers are known as Muslims.

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Torah

The written law of Judaism that contains the history and teachings fundamental to Jewish faith.

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Talmud

The oral law of Judaism that elaborates on the Torah and serves as a guide to Jewish law and ethics.

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Stewardship

A principle in Christian business ethics emphasizing responsible management of resources.

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Justice

A crucial principle in Christian ethics that demands fairness in business dealings.

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Haram

An Arabic term meaning 'forbidden', applicable to unlawful transactions in Islam.

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Generosity

A principle in Christian ethics that encourages helping those who are underprivileged.

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Ihsan

Benevolence in Islam that emphasizes ethical conduct and compassion beyond legal justice.