GENERAL KNOWLEDGE

Detailed explanation-1: -Ethical behavior could be defined as acting in ways consistent with what society and individuals typically think are good values, Ethical behavior tends to be good for business and involves demonstrating respect for key moral principles that include honesty, fairness, equality, dignity, diversity and individual rights.

Detailed explanation-2: -Ethical values (i.e. honesty, trustworthiness, responsibility) help guide us along a pathway to deal more effectively with ethical dilemmas by eliminating those behaviors that do not conform to our sense of right and wrong – our best rational interests – without sacrificing others.

Detailed explanation-3: -Normative Ethics is focused on the creation of theories that provide general moral rules governing our behavior, such as Utilitarianism or Kantian Ethics.