Morals Vs. Ethics Morals And Ethics Essay - 1374 Words

Morals vs. Ethics Morals and ethics are often thought of as interchangeable terms, and both can be applied in various situations. Morals are ultimately the â€Å"groundwork† for ethics. However, the two nouns have a distinct meaning. Morals are internal principles that a person focuses upon when deciding between right or wrong conduct. A person’s true character can be revealed by understanding that said person’s morals. Ethics are a set of rules or rules of conduct that a person follows due to social or company standards. For example, stealing money from your workplace would be considered unethical, and disrespecting your coworkers would be immoral. In addition, both morals and ethics could be applied in both situations. Another way to explain the difference between the two nouns is to discuss the alleged origins of both morals and ethics. Morality first came about in the Latin language. It is derived from the word â€Å"mos†, meaning custom. On the other hand, ethics is derived from the Greek word â€Å"ethos†, meaning character. As I said before, both morals and ethics have similar terminology, but each have a separate description. Morals and Ethics in Business When dealing with contracts, each party has a duty to fulfill one’s contractual obligations effectively and on time. Each party must exchange must exchange something of value, whether it’s money, services, or a product. While morals and ethics aren’t exactly terms that come to mind when thinking of value, they both have aShow MoreRelatedMorals and Ethics1023 Words   |  5 PagesMorals and Ethics in Society Kalob Lisk Rasmussen College Author Note This paper is being submitted on July 14, 2016, for Thomas Santangelo’s B406 Business Law and Ethical Behavior course. 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