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Business
Ethics
ETHICS AND VALUES
Some say ‘Knowledge is Power’. I believe that actual power lies in the character
of a person. Human and ethical values constitute the ‘wealth’ of a character. Ethics
is nothing but the degree of faith that one bestows upon oneself. Ethics involves
learning what is right or wrong. According to Wayne Mondy, ‘Ethics is the discipline
dealing with what is good and bad, or right and wrong, or with moral duty and
obligation’. Ethics is concerned with right and wrong, good and bad, and virtue
and vice.
Ethics, ‘ethicus’ in Latin, is derived from the word ‘ethos’, meaning character
and manners. Ethics is thus a science ...