II. IDENTIFICATION. Write the word or group of words described in each statement.

1. It deals with the system by which business corporations are directed and controlled.

2. A situation where a businessman succeeds solely on the merit of his goods and services and not through trickery or misrepresentation.

3. Volunteering false adverse information about competitor's products.

4. This recognizes that all mental creations belong to their creators and are entitled to enjoy its benefits.

5. Accomplished by the businessman to let prospective customers know the true defects of a competing product in order to persuade them to buy his product.

6. Practices resorted to by a businessman to cripple or destroy his competitor's business.

7. Set of guidelines in which companies are expected to abide by a set of operating standards or clarify why they choose not to.

8. Set of guidelines in which companies abide by a set of operating standards or face stiff financial penalties.

9. A grant by government of the right to stop others from making, using, or selling an invention within its jurisdiction for a limited period of time.

10. Pricing strategy adopted in the supermarkets.

11. Pricing policy where price differs with each customer depending on whether he is a favoured customer or he has bargaining ability.

12. Whose obligations are these: to fair day's work, conduct business transactions to protect the legitimate profit of owners and use assets economically and wisely of one's salary.

13. Petty thievery, padding an expense account, punching another employee's card and taking credit for someone else's work fall under ______.

14. The author of the ethics of moderation.

15. Doctrine that states pain should not be chosen unless it will lead to greatest pleasure.

16. The greatest good is the greatest pleasure of the greatest number.

17. Every situation stimulates in a man a certain kind of emotions or actions; these are natural. If one shows too much emotion or too little of the naturally appropriate reaction it becomes a vice.

18. Man should be revered and respected.

19. Debasing the quality of food and modifying the nature of its quality.

20. Offering an item of value in exchange of a favor or influencing action.

21. This occurs when a group of people are treated unfairly at work.

22. This occurs when one is faced with difficult decisions to make a choice between two or more options.

23. A tacit guideline governing business activities.

24. The study of the perceptions of people about morality, moral norms, moral rules, and ethical principles that apply to people and business.

25. It claims that when any two cultures or any people hold different moral values of an action - both can be equally right.

26. The process of making "dirty" money appear to have come from legitimate source.

27. A company exhausting its efforts to maneuver the tax system to minimize its tax liabilities.

28. This involves two or more individuals with evil intention to cover up malpractices.

29. When an employee takes in another job other than his/her regular employment.

30. Termination of employment relationship without due process.