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business Essential

Unit 2

TermDefinition
accountability The condition of having to answer for or be liable for your actions; accepting responsibility for your decisions
Arrogance An inflated sense of self-importance
Consequence the result of an action
Dilemma A difficult situation in which you are required to make a decision
Ethical principles Standards that govern behavior; not dependent on circumstance
Ethics The basic principles that govern your behavior
Fairness The ability to make judgements without favoritism or self-interest
integrity Adhering to an established set of personal ethics and sound moral principles
Respect regarding or esteem; honoring the rights, freedoms, views, and property of others
role model a person whose behavior is imitated by others
rule of law Complying with laws and regulations
transparency The quality of being just as one seems; being open and truthful when communicating
trustworthy reliable; deserving the confidence of others
viability the long-term value of your choices
Created by: jdunham7
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