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1.02key terms
Business Essentials
| Question | Answer |
|---|---|
| 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 feeling |
| role model | a person whos behavior is imitated by others |
| accountability | the condition of having to answer for or be liable for your actions; accepting responsibility for your decisions |
| 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 equal relationships |
| integrity | adhering 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 |
| trustworthy | reliable; deserving the confidence of others |
| viability | the long term value of your choices |