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1.02Key Term
Business Essentials
| Question | Answer |
|---|---|
| accountability | the condition of having to answer for or be liable for your actions accepting responsibilty for your decisions |
| standards that govern behavior, not dependent on circumstance | ethical principles |
| intuiton | instinct, gut feelint |
| ethical dilemma | an issuse in which you must decide whether somethingis right or wrong , sometimes refferred to as an ethical situation |
| dilemma | a difficult situation in which you are required to make a decision |
| consequence | the result of an action |
| arrogance | an inflated sense of self imprtance |
| role model | a person whose behavior is imitated by others |
| fairness | the ability to make judgments whithout favoritism or self- intrest engaging in fair competition and creating equal realtionships |
| integrity | adhearing to an established set of personal ethics and sound moral principles acting with honesty in all situations |
| 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 |