Many ethicists consider emerging ethical beliefs to be "state of the art" legal matters, i.e., what becomes an ethical guideline today is often translated to a law, regulation or rule tomorrow. Values, which guide how we ought to behave, are considered moral values, e.g., values such as respect, honesty, fairness, responsibility, etc. Statements around how these values are applied are sometimes called moral or ethical principles.

The concept has come to mean various things to various people, but generally it's coming to know what it right or wrong in the workplace and doing what's right -- this is in regard to effects of products/services and in relationships with stakeholders. Consequently, there is no clear moral compass to guide leaders through complex dilemmas about what is right or wrong.

Note that many people react that business ethics,

· Ethics programs help avoid criminal acts "of omission" and can lower fines.

Gap has been in the forefront of attention in the past couple of years due to human right activists bringing Gap business practices to the chopping block. The problems that will be discussed regarding Gap Inc. are the labeling issue, human rights, and child labor. First, it needs to be pointed out that Gap isn't the only retailer that is questioned when it comes to ethical taste and human right vulnerability. Wal-Mart, J.C. Penney Company, Dayton-Hudson, Levi, Calvin Klein to name a few, have also been brought forth to the spotlight when human right issues have been mentioned.

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