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Ethics as a Lifestyle

Author: Jeff Carroll

Source: Image of sign post, manager, employee with folder, abstract crowd of people, office building, hand holding sign, images by Video Scribe, License held by Jeff Carroll; Image of storefront, Public Domain, http://bit.ly/1l51GoG.

Video Transcript
Terms to Know
Business Ethics

The principles of right and wrong and of the morality of the choices made in the business world.

Code of Conduct

Organizational rules to encourage responsible and ethical behavior.

Collusion

An attempt by businesses to conspire to the detriment of customers, other businesses, or the general public.

Confidentiality

Keeping private trusted data out of the hand of the public and other people.

Conflict of Interest

A circumstance in which the judgment of an individual or group may be impaired because of a difference in primary and secondary interest.

Ethics

The principles of right and wrong and of the morality of the choices.

Managerial Ethics

The principles of right and wrong and of the morality of the choices made in the context of management.