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BE101Nature of Ethic

Business Essentials

TermDefinition
accountability The condition of having to answer for or be liable for your actions; accepting responsibility for your decisions.
consequence result of an action
ethical principles 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.
honesty truthfulness
integrity Adhering to an established set of personal ethics and sound moral principals; acting with honesty in all situations.
reputation A person 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 and reliable manner.
rule of law complying with rules 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
Created by: user-2015051
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