Essay about The Distinction Between Ethics And Morality

765 Words Sep 2nd, 2016 4 Pages
1. What is the distinction between ethics and morality? Discuss the different meanings of the word “ethics,” and include examples that elucidate the distinctions between these definitions. Please include examples from your world of work or current local or world-wide events.
Our book provides two meanings to “ethics”. The first is “the principle of conduct governing an individual or a group” and the second definition provided is “the study of morality”. The book defines morality as “the standards that an individual or group has about what is right and wrong, or good and evil” (The Nature of Business Ethics, pg. 8). I, however, define ethics as the values used to help a person or a group decide what is right and wrong and these values are constant and are unchanging; whereas, morals are societal and cultural norms that defines what is wrong or right and these values may differ from one society to another and from one culture to another.
I work with International Trade Compliance interpreting and applying the ITAR (International Traffic in Arms Regulations) and the EAR (Export Administrative Regulations) regulations related to military applications being sold to foreign companies for the ultimate end use by a foreign military. These regulations are passed down by the US State Department (ITAR) and the US Commerce Department (EAR) and violation of these regulations can lead to extensive fines (in 2010, BAE was ordered to pay over $400 million dollars to the US State…

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