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BE101 Nature of Eth

Business Essentials

TermDefinition
Accountability The condition of having to answer for or be liable for your actions; accepting responsibility
Consequence The result of an action
Ethical principals standards that govern behavior; not dependent on circumstances
Ethical situation An issue in which you must decide whether something is right or wrong
Ethics The basic principals that govern your behavior
Fairness The ability to make judgments without favoritism or self interest; engaging in fair competition and creating equal relation ships
Honesty Truthfulness
Integrity Adhering to an established set of personal ethics and sound moral principals ; acting with honesty in all situations
Reputation A persons or business's good name
Responsibility Fulfilling ones 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
Created by: user-2014712
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