Ethics are the set moral principle for a group, society or any
field. The importance of understanding ethics are:
- It helps to satisfy the human needs by being fair and honest to
everyone
- It helps to build credibility of an individual or group in the
way they conduct
- It helps to improve decision making as the end goal is
clear
- It helps the organization or society in long term by
establishing ethical norms
- It helps to unite the thought process and minimize
ambiguity