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Definition of ethical for Students. 1  1 : involving questions of right and wrong : relating to ethics ethical issues. 2  2 : following accepted rules of behavior We expect ethical treatment of animals.
Ethical Issues That Affect the Success of a Business. Author: Belsheba Nyabwa. Ethics refers to a prescribed or accepted code of conduct. Ethical issues are a set of moral values that need to be addressed while carrying out business.Businesses operate in a society that is structured around moral values.thical Issues That Affect the Success of a Business. Author: Belsheba Nyabwa. Ethics refers to a prescribed or accepted code of conduct. Ethical issues are a set of moral values that need to be addressed while carrying out business.