Business Essentials

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What is the definition of Accountability ?

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The condition of having to answer for or be liable for your actions; accepting responsibility for your decisions.

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What is the definition of
Consequence ?

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The result of an action

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What is the definition of Ethical Principles?

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Standards that govern behavior; not dependent on circumstance

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What is the definition of Ethical Situation?

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An issue in which you must decide whether something is right or wrong

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What is the definition of Ethics?

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The basic principles that govern your behavior

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What is the definition of Fairness?

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The ability to make judgments without favoritism or self-interest; engaging in fair competition and creating equal relationships.

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What is the definition of Honesty?

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The quality of being just as one seems; being open and truthful when communicating

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What is the definition of Integrity?

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Adhering to an established set of personal ethics and sound moral principles; acting with honesty in all situations

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What is the definition of Reputation?

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A person's or business's good name

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What is the definition of Respect?

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Regard or esteem; honoring the rights, freedoms, views, and property of others