Give an account of nature, definition and scope of Ethics
Answers
The word “ethics” is derived from the Greek word ethos (character), and from the Latin word ‘mores’ (customs). Derived from the Greek word “ethos”, which means “way of living”, ethics is a branch of philosophy that is concerned with human conduct. It consists in a code of conduct of human beings living in a society. Ethics examines the rational justification for our moral judgments; it studies what is morally right or wrong, just or unjust. Together, they combine to define how individuals choose to interact with one another. In philosophy, ethics defines what is good for the individual and for society and establishes the nature of duties that people owe to themselves and to one another. It aims at individual good as well as social good, the good of mankind as a whole.
Ethics is am attempt to guide human conduct and it is also an attempt to help man in leading good life by applying moral principles. Ethics refers to well based standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues. Ethics is related to issues of propriety, rightness and wrongness. What is right is ethical and what is wrong is unethical. The words ‘proper’,’ fare’ and ‘just’ are also used in place of right ‘and ‘ethical’. If it is ethical, it is right, proper, fair and just. Ethics is a matter of practical concern. It tries to determine the good and right thing to do; choices regarding right and wrong, good and evil; questions of obligation and value. Ethics is to consider the practice of doing right actions or what we may call the art of living the good life.
- Ethics means the morals or the principles which affect a person's behavior while doing a particular activity E for while making some important decision. Ethics is one of the very important factors in today's business.
- It helps the business to formulate ethical and responsible policies and procedures for the success of society as a whole.
- A business company that runs on the principle of honesty and fairness can easily gain the trust of the employees, stakeholders, investors, and customers.