Ethics

The code of moral principles and values that govern the behaviours of a person or groups with respect to what is right or wrong.

ROLE OF ETHICS Sets standards as to what is good or bad in conduct and decision making Deals with internal values that are a part of corporate culture Shapes decisions concerning social responsibility with respect to the external environment. Present in a situation when the actions of the individual(s) or organisation may harm or benefit

The result determines the ruleThe result is the basis of the actThe rule is good because of the resultResult sometimes used to break rules

Overview

Deontological

Teleological