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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 |