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1.01A-Key Term
Business Essentials
Term | Definition |
---|---|
Ethics | The Basic principles that govern your behavior |
Ethics Principles | Standards that govern behavior; not dependent on circumstance |
Ethical Situation | An issue in which you must decide whether something is right or wrong |
Integrity | Adhering to an established set of personal ethics and sound moral |
Trustworthy | Reliable; deserving the confidence of others |
Accountability | The condition of having to answer for or liable for your actions; accepting responsibility for your decisions |
Transparency | The quality of being just as one seems; being open and truthful when communicating |
Fairness | The ability to make judgments without favoritism or self-interest; engaging in fair competition and creating equal relationships |
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 |