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1.02A KEY TERMS

Business Essentials

TermDefinition
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.
Eithical dilemma An issue in which you must decide whether something is right.
Intuition Instinct; gut feeling.
Role model A person whose behavior is imiated by others.
Accountability The conditon of having to answer for or be liable for your actions; accepting responsibility for your decisions.
Ethical principles Standards that govern behavior; not dependent on circumstance.
Fairness The ability to make judgements 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 situatuins.
Respect Regard or esteem; honoring the rigths, freedoms, views, and property of others.
Rule of law Complying with laws and regulations.
Transparency The quality of being just as one seems; being open and truthful when communicating.
Trustworthy Reliable; deserving the confidnce of others.
Viability The long-term value of your choices.
Created by: dariel.a195
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