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What is the relation between ethics …

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What is the relation between ethics and moral values?

Posted by Shalini Koranga 7 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Preeti Dabral 7 years, 11 months ago

<th>BASIS FOR COMPARISON</th> <th>MORALS</th> <th>ETHICS</th>

Meaning	Morals are the beliefs of the individual or group as to what is right or wrong.	Ethics are the guiding principles which help the individual or group to decide what is good or bad.
What is it?	General principles set by group	Response to a specific situation
Root word	Mos which means custom	Ethikos which means character
Governed By	Social and cultural norms	Individual or Legal and Professional norms
Deals with	Principles of right and wrong	Right and wrong conduct
Applicability in Business	No	Yes
Consistency	Morals may differ from society to society and culture to culture.	Ethics are generally uniform.
Expression	Morals are expressed in the form of general rules and statements.	Ethics are abstract.
Freedom to think and choose	No	Yes

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