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Legal, Ethical, and Social Responsibilities of Management


After studying this chapter, you will be able to:



1. Define ethics.

2. Explain a code of ethics.

3. Identify four categories of laws relating to ethics in business.

4. Explain social responsibility.

5. Identify the six areas of law that affect business organizations.

6. Identify the types of taxes that affect business profits.

7. Explain the differences between copyrights, patents, and trademarks.

8. Define intellectual property.





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