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In this briefing, the topic of business ethics is introduced, defined as guidelines for good behavior rooted in people's morals and organizational models. Ethical behavior is viewed as what is morally right, but the definition of right and wrong is subjective, varying among individuals and organizations. This subjective nature highlights that different people have different moral compasses, leading to varying perceptions of ethics within industries and organizations. The discussion emphasizes the importance of understanding these variations in perspectives when considering business ethics.