Business law and ethics vocabulary

  • What are the words about business ethics?

    Business ethics is an evolving topic.
    Generally, there are about 12 ethical principles: honesty, fairness, leadership, integrity, compassion, respect, responsibility, loyalty, law-abiding, transparency, and environmental concerns..

Rating 4.9 (16) Rules of conduct established by the government of a society to maintain stability & justice in that society. Laws cannot make people do what is right, but can 
Rating 4.9 (16) The belief that human beings have certain fundamental rights. Whether a business action or decision is ethical depends on how it affects the rights of various 
Rating 4.9 (16) Vocabulary terms for the Business Law & Ethics category of DECA Learn with flashcards, games, and more — for free.

What are the 12 principles of Business Ethics?

Business ethics is an evolving topic.
Generally, there are about 12 ethical principles:

  • honesty
  • fairness
  • leadership
  • integrity
  • compassion
  • respect
  • responsibility
  • loyalty
  • law-abiding
  • transparency
  • and environmental concerns.
    Business ethics concerns employees, customers, society, the environment, shareholders, and stakeholders.

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