Test Business Essentials 1.02 Key Terms

An inflated sense of self-importance.

• Arrogance

• Ego

• Consequence

• Attitude

The result of an action

• Consequence

• Problem

• Dilemma

• Solution

A difficult situation in which you are required to make a decision.

• Dilemma

• Situation

• Consequence

• Problem

An issue in which you must decide whether something is right or wrong; sometimes referred to as an ethical situation.

• Ethical dilemma

• Consequence

• Dilemma

• Decision

Instinct, gut feeling

• Intuition

• Vision

• Dream

• Arrogance

A person whose behavior is imitated by others.

• Role Model

• Teacher

• Parent

• Actor

Behaving ethically means doing

• what your friends do.

• only what’s legal.

• the right thing.

• what benefits you the most.

Behaving ethically means doing

• what your friends do.

• only what’s legal.

• the right thing.

• what benefits you the most.

Whitley’s ethical beliefs are the same whether she’s at work, at school, or hanging out with her friends. Whitley follows

•    ethical principles.

• situational beliefs.

• ethical consequences.

• popular beliefs.

What is one benefit of following ethical principles?

• They are restrictive.

• They simplify your decision-making process.

• They eliminate the need for decisions.

• They change often.