We greatly encounter moral and ethical issues, in our day to day life. Perhaps, these two defines a personality, attitude, and behavior of a person. The word Morals is derived from a Greek word “Mos” which means custom. On the other hand, if we talk about Ethics, it is also derived from a Greek word “Ethikos” which means character. Put simply, morals are the customs established by group of individuals whereas ethics defines the character of an individual.
While morals are concerned with principles of right and wrong, ethics are related to right and wrong conduct of an individual in a particular sitution. Many use the two terms as synonyms, but there are slight and subtle differences between morals and ethis, which are described in the article below.
|Basis for Comparison||Morals||Ethics|
|Meaning||Morals are the beliefs of the individual or group as to what is right or wrong.||Ethics are the guiding principles which help the individual or group to decide what is good or bad.|
|What is it?||Response to a specific situation||General principles set by group|
|Root word||Mos which means custom||Ethikos which means character|
|Governed By||Social and cultural norms||Individual or Legal and Professional norms|
|Deals with||Principles of right and wrong||Right and wrong conduct|
|Applicability in Business||No||Yes|
|Consistency||Morals may differ from society to society and culture to culture.||Ethics are generally uniform.|
|Expression||Morals are expressed in the form of general rules and statements.||Ethics are abstract.|
|Freedom to think and choose||No||Yes|