Chapter 13- Professionalism And Ethics Flashcards
Define ethical behaviour
Moral principles that govern the behaviour of a person
Define professional behaviour
A way in which people conduct themselves in the work place showing high standards and showing respect to all
Differentiate between professional and ethical behaviour
Ethical
Refers to what right and wrong in society
Professional
Refers to what’s right and wrong in the business
Ethical
Focuses on developing a moral compass
Professional
Focuses on upholding reputation of the business
What is the meaning of good decisions?
Good decisions are those that are ethically correct and will benefit
A good decision leads to more profits
What is the meaning of bad decisions?
Bad decisions are not ethical
It might bring in profits in the short term but not in the long run