Fairness, Accountability, Transparency, and Stewardship Flashcards
It comes from the old English word “Fader” which means “pleasing or attractive”
Fairness
It is the quality of making judgments that are free from discrimination
Fairness
involves balancing the interests involved in all decision-making including any decisions related to hiring, firing (including the investigation process), and the compensation and rewards system.
Fairness
the obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.
Accountability
in the context of a business organization is the obligation to demonstrate that work has been conducted in compliance
with agreed rules and standards or to report fairly and accurately on performance results mandated roles and or plans.
Accountability
Is defined as being authentic in the way an organization messages itself externally to stakeholders, to prospective customers and talent, and within the community.
Transparency
It allows stakeholders to understand whether the activities of social institutions provide a genuine service to civil society and whether money is appropriate.
Transparency
means there is a lack of hidden agendas or conditions, accompanied by the availability of full information required for collaboration, cooperation, and collective decision-making.
Transparency
In biblical terms, ____________ is defined as utilizing and managing all resources God provides for the glory of God and the betterment of His creation.
Stewardship
That definition plays a critical role in today’s business landscape. In the context of business and the effects, it has on the world around it. This involves considering more than just the bottom line and looking at elements such as values, ethics, and morals.
Stewardship