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Obj.1.01 Ethics
Business Essential
| Term | Definition |
|---|---|
| Accountability | The condition of having to for or be liable for your actions ; accepting responsivity for your decisions |
| Consequences | The result of an action |
| Ethical principles | Standers that govern behavior ; not dependent on circumstance |
| Ethics | The basics principles that govern your behavior |
| fairness | The ability to make judgements without favoritism or self - interest engaging in fair competition and creating equal relationships |
| Honesty | Truthfulness |
| Integrity | adhering to and establish set of personal ethics and sound moral principles; acting with honestly in all situation |
| Reputation | a person or business good name |
| Respect | regard or esteem; honoring the rights , freedom ,views and property of others |
| Responsibility | Fulfilling ones obligations in a dependable , reliable manner |
| Rule of law | Complying with laws and regulations |
| Spin | A dishonest way presenting a person situation |
| Transparency | The quality of being jus as one seems ; being open and truthful; when communicating |
| Trustworthy | Reliable; deserving the confidence of others |
| Viability | The long - term value of your choice |
| Ethical situations | An issue in which you must decide whether something is right or wrong |