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BE101 Nature of Ethi

Business Essentials

TermDefinition
Ethics The basic principles that govern your behavior
Integrity Adhering to an established set of personal ethics and sound moral principles; acting with honesty in all situations
Trust Reliable; deserving the confidence of others
Accountability The condition of having to answer for or be liable for your actions; Accepting responsibility for all your decisions
Transparency The quality of being just as one seems; being open and truthful when communicating
Fairness The ability to make judgments without favoritism or self-interest; engaging in fair competition and creating equal relationships
Respect Regard or esteem Honoring the rights, freedoms, views, and property of others
Rule of law Complying with laws and regulations
Viability Ensuring that your actions are helpful in the long term, not just the short term
Ethical Situation an issue where you must decide whether something is right or wrong
fairness the ability to make judegments without favortism or self-interest: engaging in fai competition and creating equal relashionships
spin A dishonest way of presenting a person or situation
reputation a person's or businesse's god name
consequence the result of an action
ethical principles standards that govern behavior not dependent on circumstance
honesty truthfulness
Created by: user-2014717
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