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1.01A Key Term
Business Essentials
Term | Definition |
---|---|
Ethics | The basic principles that govern your behavior. |
Ethical Principles | Standards that govern behavior; not depending on circumstance. |
Integrity | Adhering to an established set of personal ethic and sound moral principles; acting with honesty in all situations. |
Ethical Situation | An issue in which you must decide whether something is right or wrong. |
Trustworthy | Reliable' deserving the confidence of others. |
Accountability | The condition of having to answer for or be liable for your actions; accepting responsibility for your decision. |
Transparency | The quality if being just as one seems; being open and truthful when communicating. |
Fairness | The ability to make judgements without favoritism or self-interest; engaging in fair competition and creating equal relationships |
Rule of Law | Complying with laws and regulations |
respect | Regard or esteem; honoring the rights, freedoms, views, and property of others |
Viability | The long-term value of your choices |