Ethics and morality are two critical component that if not well understood leads to confusion. Both words are used interchangeably in conversations and depending on the issue in discussion the intended message is passed. However, when it comes to the world of business ethics and morality are two different words that aim at bringing out various concept. Morals is a Greek word for custom. Thus morals are the beliefs held by a group of individuals regarding to what is right or wrong. However, ethics is derived from a Greek world Ethikos meaning character. Hence ethics can be said to be the guiding principles that enable a group or individual to determine what is good or bad. Therefore, in the world of business ethics vary from one profession to the other.