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Ethics and Morals (From SB)
Ethics and Morals (From SB)
Ethics and Morals (From SB)
Ethics is generally thought of as the study of right action and morals is the
system through which that action is applied. Historically, the term ‘ethics’
comes from Greek ethos which means the customs, habits and mores of
people. ‘Morality’ is derived from Latin mos, moris which denotes basically
the same; it was introduced by Cicero as an equivalent to the Greek ethos.
Ethics and morals are difficult to define and many definitions are acceptable.
Ethics
The critical examination and evaluation of what is good, evil, right and
wrong in human conduct (Guy, 2001)
A specific set of principles, values and guidelines for a particular group
or organization (Guy, 2001)
Ethics is the study of goodness, right action and moral responsibility, it
asks what choices and ends we ought to pursue and what moral principles
should govern our pursuits and choices (Madden, 2000)
Morals
Those principles and values that actually guide, for better or worse, an
individual's personal conduct (Guy, 2001)
Morality is the informal system of rational beings by which they govern
their behavior in order to lessen harm or evil and do good, this system,
although informal, enjoys amazing agreement across time and cultures
concerning moral rules, moral ideas and moral virtues (Madden, 2000)
Here, the standards of behavior are statistical in nature. The probability that
any outcome will occur is ranked from the first standard deviation to the
fourth. Some of the facts surrounding alcohol abuse go back thousands of
years. Alcohol has long been known to have a profound affect on human
thinking.
STUDY GUIDE
Moral actions or events are areas of interest where moral categories can be
applied and of such a kind as to be according to some code or theory of
ethics.
Watch this YouTube video from McCombs School of Business. Morals are
society’s accepted principles of right conduct that enable people to live
cooperatively: https://youtu.be/0WxOGR6HKFs