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Business ethics - Business ethics is a form of applied ethics or professional ethics, that examines

ethical principles and moral or ethical problems that can arise in a business environment.
Capital - capital consists of assets that can enhance one's power to perform economically useful
work. For example, in a fundamental sense a stone or an arrow is capital for a caveman who
can use it as a hunting instrument, while roads are capital for inhabitants of a city
Ethics - Ethics or moral philosophy is a branch of philosophy that involves systematizing,
defending, and recommending concepts of right and wrong conduct. The field of ethics, along
with aesthetics, concerns matters of value, and thus comprises the branch of philosophy called
axiology
Individual interest - Self-interest refers to actions that elicit the most personal benefit. Adam
Smith, the father of modern economics, explains that the best economic benefit for all can
usually be accomplished when individuals act in their self-interest.
Manpower - Total labor force of a nation, including both men and women. If there are more
people than available jobs, it is called manpower surplus; if available people are fewer than
jobs, it is called manpower deficit
Rural Community - rural communities, which have arisen as a result of changing economic
trends within rural regions of industrial nations. The basic trend seems to be one in which
communities are required to become entrepreneurial
Supplier of inputs - (suppliers, inputs, process, outputs, customers) is a visual tool for
documenting a business process from beginning to end. SIPOC (pronounced sigh-pock)
diagrams are also referred to as high level process maps because they do not contain much
detail
Skills - A skill is the ability to carry out a task with determined results often within a given
amount of time, energy, or both. Skills can often be divided into domain-general and domain-
specific skills.
Swot analysis - SWOT analysis (or SWOT matrix) is a strategic planning technique used to help
a person or organization identify strengths, weaknesses, opportunities, and threats related
to business competition or project planning.
Technology - Technology is the collection of techniques, skills, methods, and processes used in
the production of goods or services or in the accomplishment of objectives, such as scientific
investigation

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