ABSTRACT

Ethics refers to a code of conduct that guides an individual in his or her dealings with others. It has to do with personal behavior and moral duty. In work situations, it is concerned with principles and practices of moral and good conducts in business life. Ethics involves the study of moral issues and choices. It is concerned with right versus wrong, good versus bad, and the many shades of grey in supposedly black-and-white issues (Kreitner, Kinicki and Buelens 1999). The terms business ethics and management ethics are often heard in relation to workplace activities; as moral implications spring from virtually every decision, both on and off the job. Ethics is a phenomenon that stipulates honest, moral values and preaches what is good. It refers to the acceptable rules or principles that define right or wrong decisions in terms of managerial decisions and behavior (Ajonbadi 2000).