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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 |
| consequence | the result of an action |
| ethical principals | 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 principals that govern your behavior |
| fairness | the ability to make judgements without favoritism or self interest engaging in fair competition and creating equal relationships |
| 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, freedom, views and property of others |
| responsibility | fulfilling ones obligation in dependable, reliable matter |
| rules 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 |
| trust worthy | reliable deserving the confidence of others |
| viability | the long term value of your choices |