click below
click below
Normal Size Small Size show me how
1.01A Key Term
Business Essentials
| Term | Definition |
|---|---|
| arrogance | an inflated sense of self importance |
| consequence | the result of an action |
| ethical dilemma | an issue in which you must decide whether something is right or wrong sometimes referred to as an ethical situation |
| intuition | instinct; gut felling |
| role model | a person whose behavior is imitated by others |
| accountability | the condition of having to answer for or be liable for your actions; accepting responsibility for your decision |
| ethical principles | standards that govern behavior; not dependent on circumstance |
| fairness | the ability to make judgements without favoritism or self-interest; engaging in fair competition and creating |
| integrity | adhering to an established set of personal ethics and sound moral principles; acting with honesty |
| respect | regard or esteem; honoring the rights, freedoms, views, and property of others |
| rule of law | complying with laws and regulations |
| transparency | the quality of being just as one seems; being open and truthful when communicating |
| viability | the long term value of your choices |
| dilemma | a difficult situation in which you are required to make a decision |
| trustworthy | reliable; deserving the confidence of others |