This document discusses ethics and effective interpersonal relationships in business. It defines ethics as principles and standards that determine what is right or wrong. Building trust, honesty and fairness are key to effective relationships. A good ethical communicator is truthful, recognizes ethical issues from stakeholders' perspectives, and acts with fairness and honesty. Questions are provided to help determine if an action is ethical, considering legal issues, organizational policies, sociocultural norms, and personal values. Ethical concerns in teaching include relationships with students, society, and colleagues. Codes of conduct establish formal rules and standards that companies expect employees to follow.