Skip to main content

Key Terms

access economy
a nontraditional business model in which consumers participate on both sides of a transaction, sometimes facilitated by a third party
artificial intelligence (AI)
the branch of science that uses computer algorithms to replicate human intelligent behavior by machines with minimal human intervention
flextime
a work schedule in which employees can select their own start and finish time
gig economy
an environment in which individuals and businesses contract with independent workers for the completion of short-term assignments, engagements, or projects, offering few or no benefits beyond compensation
job sharing
the use of two or more employees to perform the work of one full-time position
robotics
a field of research that includes computer science, mechanical and electronics engineering, and science process with the objective to produce robots, or related forms of automation, to replicate human tasks
telecommuting
working from a remote location (home or other space) by means of electronic connections

 

Citation/Attribution

Want to cite, share, or modify this book? This book uses the Creative Commons Attribution License and you must attribute OpenStax.

Attribution information

  • If you are redistributing all or part of this book in a print format, then you must include on every physical page the following attribution:
    Access for free at https://openstax.org/books/business-ethics/pages/1-introduction
  • If you are redistributing all or part of this book in a digital format, then you must include on every digital page view the following attribution:
    Access for free at https://openstax.org/books/business-ethics/pages/1-introduction

Citation information

© Dec 12, 2022 OpenStax. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution License . The OpenStax name, OpenStax logo, OpenStax book covers, OpenStax CNX name, and OpenStax CNX logo are not subject to the Creative Commons license and may not be reproduced without the prior and express written consent of Rice University.