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1.02 Key Term
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; sometimes referred to as an ethical situation |
| Intuition | Instinct; gut feeling |
| Role Model | A person whose behavior is imitated by others |
| Accountability | The condition 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 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 situations |
| Respect | Regard or esteem; honoring the rights, 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 confidence of others |
| Viability | The long-term value of your choices |
Created by:
rut.z
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