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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.
Understanding the ethical decision-making process can help individuals and businesses design strategies to prevent misconduct. Three of the important components of ethical decision making are individual factors, organizational relationships, and opportunity.nderstanding the ethical decision-making process can help individuals and businesses design strategies to prevent misconduct. Three of the important components of ethical decision making are individual factors, organizational relationships, and opportunity.