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objective 101 ethics
business essentials
| Term | Definition |
|---|---|
| Accountability | The condition of having to answer for or be liable for your actions; accepting responsibility for your actions |
| Consequence | The result of an action |
| Ethical principles | Standards that govern behavior; not dependent on circumstances |
| Ethics | The basic principles that govern your behavior |
| Fairness | The ability to make judgments without favoritism or self-interest; engaging in fair competitions and creating equal relationships |
| Honesty | Truthfulness |
| Integrity | Adhering to an established set of personal ethics and sound moral principles; action with honesty in al situations. |
| Reputation | A person's or business's 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 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 |