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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 results of an action |
| Ethical Principles | Standards that govern behavior; not dependent on circumstances |
| Ethical Situation | An issue in witch you must decide whether something is rights or wrong |
| Ethics | The basics principles that govern your behavior |
| Fairness | The ability to make judgments without favoritism or self-interested; engaging n fair competition and creating equal relationships |
| Honesty | Truthfulness |
| integrity | Adhering to an established set of personal ethics and sound moral principles; acting with honesty in all situations |
| Reputation | A Person's or business's good name |
| Respect | Regard or esteem; honoring the right; 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 |
| Trustworthy | Reliable; deserving the confidence of others |
| Viability | The long-term value of your choices |