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1.01A Key Term

Business Essentials

TermDefinition
Ethics basic principles that govern your behavior
ethical principles standards that govern behavior not depended on circumstances
Ethical Situation an issues which you must decide if right or wrong
Integrity the quality of being honest and having strong moral principles
Trustworthy reliable; deserving the confidence of others
Accountability the condition of having to answer for or be liable for your actions; accepting responsibility for your decisions
Transparency the quality of being just as one seems; being open and truthful when communicating
Respect regard or esteem; honoring the rights, freedom, views , and property of others
Rule of law complying with laws and regulations
Viability the long term value of your choices
Fairness the ability to make judgements without favoritism or self interest engaging in fair competition and creating equal relationships
Created by: tanaja.l542
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