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BE101 Nature of Ethi
Business Essentials
| Term | Definition |
|---|---|
| accountability | the condition of having to answer for or be liable for your actions accepting responsibility for your decisions |
| consquence | the result of an action |
| ethical principle | standards that govern behavior not dependent on circumstance |
| ethical situations | 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 judgments without favoritism or self interest engaging in fair competition and creating equal relationships |
| honesty | truthfulness |
| intergrity | adhering to an established set of personal ethics and sound moral princples acting with honesty in all situation |
| reputation | regard or esteem honoring the rights freedoms views and property of others |
| respect | fulfilling one's obligation in a dependable reliable manner |
| responsibility | complying with laws and regulations |
| 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 |