Ethics is a system of moral principles and a branch of philosophy which defines what is acceptable for both individuals and society. The role of ethics in modern world is to serve as a guide to moral daily living and helps us judge whether our behaviour can be justified. Ethics refers to society's sense of the right way of living our daily lives. It does this by establishing rules, principles and values on which we can base our conduct. Applied ethics has a social and contributing significance because it works with a long-term direction, is interested in good life, supports the values that have to improve the quality of life in accordance with modern trends and creates a more pleasant environment. There is a framework of ethics underlying our lives on a daily basis, helping us make decisions that create positive impacts and steering us away from unfair outcomes. Ethics guides us to make the world a better place through the choices we make. Ethics in business is just as important as ethics in personal life.

Shikha Bharti

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