Overview of Professionalism and Ethics (Grade 11 NSC Matric Business Studies): Flashcards

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Overview of Professionalism and Ethics
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Professionalism definition

Using skills, abilities & knowledge to do your job well

Ethical behaviour definition

Guided by principles of what is right, wrong & acceptable

Code of conduct

Set of rules & responsibilities employees must follow

Competency principle

Using knowledge, skills & ability effectively for the org

Integrity principle

Performing work duties correctly, even when no one watches

Objectivity principle

Remaining fair & unbiased in all situations

Confidentiality principle

Keeping private information secret

Conflict of interest

When personal interests compete with professional duties

Consequential theory

Judges if action is good/bad based on its outcome

Common good approach

Business values & ethics align with society's needs

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