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1.01 Key Terms

Nature of Ethics

QuestionAnswer
Accountability The conditions of having to answer to answer for or be liable for your action; accepting responsibility for your decisions
Consequence the result of an action
ethical principles standard that govern your behavior
ethical situation am issue in which you must decide whether something is right or wrong
ethics the basic principles that govern your behavior
fairness the ability to make judgments 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 more moral principles; acting with honesty in all situations
reputation a person's or business's good name
respect rearguard or esteem honoring the rights, freedoms, views, and property of others
responsibility fulfilling one's obligations in a dependable way, reliable manner
rule of law complying with laws and regulations
spin a dishonesty way of presenting a person or situation
transparency the quality of being just as one seems; being open and truthful when communicating
trustworthy reliable; deserving the confidence others
viability the long-term value of your choices
Created by: user-1789374
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