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1.01 key Terms
Nature of Ethics
| Question | Answer |
|---|---|
| Accountability | the condition of having to answer for or be liable for your actions accepting responsibility for your decisions. |
| Consequence | The result of an action |
| Ethical principals | Standards that govern behavior; not dependent on circumstance. |
| Ethical situation | An issue in which you must decide whether something is right or wrong. |
| Ethics | The basic principles that govern your behavior |
| Fairness | the ability to make judgement without favoritism or self-interest; engaging in fair competition and creating equal relationship |
| Honesty | Truthfulness |
| Integrity | Adhering to an established set of personal ethics and sound moral principles; acting with honesty in all situations |
| Reputation | A person or businesses good name |
| Respect | Regard or esteem; honoring the rights, freedoms, views, and property of others. |
| Responsibility | Fulfilling one's obligations in a dependable, reliable manner. |
| Rule of law | complying with laws and regulations |
| Spin | A dishonest way of presenting a person or situation |
| 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. |