Business Studies

Ethics is a set of ____ of human conduct that govern the behaviour of individuals or organizations. 


ANSWER

Principles or standards


SOLUTION
Ethics is concerned with what is good for individuals and society and is also described as moral philosophy.
The term is derived from the Greek word ethos which can mean custom, habit, character or disposition.
Ethics covers the following dilemmas:
  • how to live a good life
  • our rights and responsibilities
  • the language of right and wrong
  • moral decisions - what is good and bad?
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