Week 4

Consumer mean

An individual who buys products or services for personal use and not for manufacture or resale. A consumer is someone who can make the decision whether or not to purchase an item at the store, and someone who can be influenced by marketing and advertisements. Any time someone goes to a store and purchases a toy, shirt, beverage, or anything else, they are making that decision as a consumer.

http://www.investorwords.com/1055/consumer.html

Consumerism mean

1. Organized-efforts by individuals, groups, and governments to help protect consumers from policies and practices that infringe consumer rights to fair business practices.

2. Doctrine that ever-increasing consumption of goods and services forms the basis of a sound economy.

3. Continual expansion of one's wants and needs for goods and services.

http://www.businessdictionary.com/definition/consumerism.html


Conservation mean

Exploitation, improvement, and protection of human and natural resources in a wise manner, ensuring derivation of their highest economic and social benefits on a continuing or long-term basis. Conservation is achieved through alternative technologies, recycling, and reduction in waste and spoilage, and (unlike preservation) implies consumption of the conserved resources.

http://www.businessdictionary.com/definition/conservation.html

The verb of conservation is conserve

conserve mean save, protect

Synonyms:

avert, battle, beat off, bulwark, care for, cherish, conserve, contend, cover, entrench, espouse, fend off, fight, fight for, fortify, foster, garrison, guard, guard against, hedge, hold, hold at bay, house, insure, keep safe, look after, maintain, mine, nourish, oppose, panoply, preserve, prevent, provide sanctuary, repel danger, resist, retain, safeguard, save, screen, secure, shelter, shield, stave off, sustain, take in, uphold, war, ward off, watch, watch over, withstand

Antonyms:

abandon, attack, desert, leave, quit, relinquish, resign, surrender

http://thesaurus.com/browse/conserve

Recycling mean

 Waste minimization strategy in which reusable materials are recovered from a waste stream, and put to the original or different use.

http://www.businessdictionary.com/definition/recycling.html

“re" mean again , retune

- rewrite mean to write something such as a book or speech again, in order to improve it or change it because new information is available

- renew mean to increase the life of or replace something old

- review mean to consider something in order to make changes to it, give an opinion on it or study it

Ethic/Ethics mean

a system of accepted beliefs which control behaviour, especially such a system based on morals

http://dictionary.cambridge.org/dictionary/british/ethic?q=ethic

Business ethics mean

a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.

http://en.wikipedia.org/wiki/Business_ethics

Anecdote about business ethics
This case is about the Gulf of Mexico oil spill and the continuing safety problems at BP, one of the largest oil and gas producers in the world.

The case highlights the ethical issues involved in the disaster and examines BP's response to it. Though the company accepted responsibility for the explosion and was making efforts to manage the oil spill, it remained largely unsuccessful in plugging the leak. As efforts to contain the spill continued, critics alleged that BP had put profits before safety and developed an "unhealthy corporate culture" where cost-cutting was given more priority than the safety of the workers.

http://www.icmrindia.org/casestudies/catalogue/Business%20Ethics/BECG116.htm

Personal ethic mean Personal ethic is individual ethical to people have values or moral principles.
My personal ethic are Honesty, Loyalty, Integrity.