Free Market: A system where the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.
Business Ethics:The study of proper business policies and practices regarding potentially controversial issues such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.
Multinational Corporation (MNC): A corporate organization that owns or controls production of goods or services in at least one country other than its home country