Description

Ethics refers to a system
or code of conduct based
on moral duties and
obligations which indicate how we should behave; it deals with the ability to distinguish right from wrong and the commitment to do what is right.

Principles of Ethics :-
The root of Ethics is in one’s belief.
Distinction between or definition of good and bad or right and wrong.
Those who do good, feels good about themselves.
And they feel good by
doing good.

Ethical issues for Business

Product safety standards
Advertising contents
Working environment
Unauthorized payments
Employee’s privacy
Environmental issues

Morale :-
Morals refers to what is good
and right in character and
conduct.
The terms are essentially
interchangeable with ethics, though in Common
usage, “morality” often implies particular dogmatic
views of propriety, specially as to sexual and
religious matters.
Since the term “ethics” does not carry these
same connotations, it is more neutral.