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1.02 key terms
Business Essentials
Term | Definition |
---|---|
Arrogance | An inflated sense of self importance |
Consequence | The result of an action |
Dilemma | A difficult situation in which you are required to make a decision |
Ethical dilemma | An issue in which you must decide whether something is right or wrong something referred to as an ethical situation |
intuition | instinct gut feeling |
role model | A person whose behavior is imitated by other |
Accountability | the condition of having to answer for or be liable for your actions accepting responsibility |
Ethical principles | standards that govern behavior not dependent on circumstance |
Fairness | the ability to make judgments without favoritism or self interest engaging in fair competition and creating equal relationships |
integrity | adhering to an established set of personal ethics and sound moral principles acting with honesty in all situation |
respect | regard or esteem honoring the rights freedom view and property of others |
rule of law | the rules |
transparency | being open and truthful when talking |
trustworthy | trust |
viability | long term |