Business Ethics Lesson 2

30問 • 2年前

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This is the standard of judging which is exempted from bias or prejudice

fairness

in business context, it means the balancing of interests involved in all decision making, including those related to hiring, firing, and the compensation and reward system

fairness

it is giving to a person what is due to him or her

fairness

the most important aspect of preventing and detecting corruption as the sound of _____ structures

accountability

it is the explication and justification process

accountability

it is about testing, forming a judgement, and taking an action if necessary

accountability

it also comes with responsibilities, holding people to account for those actions which they are responsible for

accountability

it is described as a personal quality which is necessary to develop unity between and among individuals

transparency

this type of approach makes a person more honest and sincere in his or her relationship with others

transparency

the term _____ is derived from the GREEK word ETHOS which means "CHARACTERISTIC WAY OF THINKING"

ETHICS

the term ETHICS is derived from the _____ word ETHOS which means "CHARACTERISTIC WAY OF THINKING"

GREEK

the term ETHICS is derived from the GREEK word _____ which means "CHARACTERISTIC WAY OF THINKING"

ETHOS

the term ETHICS is derived from the GREEK word ETHOS which means "_______"

CHARACTERISTIC WAY OF THINKING

are moral principles that guide the conduct of the individual

code of ethics

a rules of behavior based on ideas about what is morally good and bad

ethics

organizations established their own culture that is socially expressed as their ideals. such principles are ideals have an impact on the relationships within the company efficiency, prestige, performance and retention of employees, legalities, and the wider community they work in

why is ethics important in business

achieving a strong sense of professionalism and recognizing certain professional decisions ethical implications are the key components of education, individual reflection, and experience

how to apply ethics

is a set of rules about good and bad behavior

code of ethics

it is a guide of principles designed to help professionals conduct business honestly and with integrity

code of ethics

code of ethics contains the following

vision values mission principles

mean something that you imagine or a picture that you see in your mind

vision

this statement helps to ensure the alignment of the decisions to the company goals

vision

example: to make innovations that everyone could access and adapt depending on their needs.

vision

this helps to ensure that all of the employees work towards the company's goals

values

example: we commit ourselves to serve our customers with quality service and utmost respect.

values

a specific task with which a person or group is charged

mission

the statement clearly and effectively guides the business are the organization in its decision making

mission

example: to inspire all the young athletes of the country, tell them to dream and go for it!

mission

moral rules or beliefs that help you know what is right and wrong and that influence your actions

principles

example: customers have to be respected. make sure to deliver quality product.

principles

Business Finance

Sab Sescon · 46問 · 2年前

Business Finance