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1.01 Key Terms

Nature of Ethics

QuestionAnswer
Accountability The condition of having to answer for or be liable for you actions; accepting responsibility for you decisions
Consequence The result of an action
Ethical principles Standards that govern behavior; not dependent on circumstance
Ethical situetion An issue in which you must decide whether something is right or wrong
Ethics The basic principles that govern behavior
Fairness The ability to make judgments without favoritism or self interest; engaging in fair competition and creating equal relationship
Honesty Truthfulness
Integrity Adhering to an established set of personal ethics and sound moral principles; acting with honesty in all situations
Reputation A person's tor business's good name
Respect Regard or esteem; honoring the rights, freedom, views, and property of others
Responsibility Fulfilling one's obligations in a dependable, reliable manner
Rule of law Complying with laws and regulations
Spin A dishonest 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 of others
Viability The long term value of your choices
Created by: jose.b629
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