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hello guys good day welcome to another video lecture in acc325 governance business ethics risk management and internal control so our topic for this video lecture is the very interesting business ethics but before we proceed with the discussion proper of business ethics let us first strengthen our foundation with the concept of general ethics so when we talk about ethics the term ethics can commonly refer to the rules and principles that define right and wrong conduct of an individual so there is a specific code of conduct that will determine whether an action of an individual is morally right or morally wrong or whether it is ethically good or not ethical behavior is accepted as right or good in the context of a governing moral code thus ethics can be viewed as a way of behaving that can be this that can be prescribed and imposed by a particular work environment ethics is also called as moral philosophy the discipline concerning with what is morally good and bad and morally right and