Ethics can be summarized as:

The essence of ethics lies in the concept of moral principles that guide individuals and organizations in determining what actions are right or wrong. The choice that encapsulates this concept is centered on the idea of living in the realm of what we "ought" to do. This involves considering not just legal obligations or outcomes, but also the values, duties, and responsibilities that govern behavior in various contexts.

Choosing to live in the world of what we "ought" to do emphasizes the importance of intention, integrity, and the intersection of personal and societal values. This perspective encourages individuals to act in ways that uphold moral standards and contribute positively to the community and profession, rather than simply adhering to the bare minimum required by law or focusing solely on the consequences of their actions. It reflects a deeper commitment to ethical practice that transcends legal compliance or risk avoidance.

In contrast, options that focus solely on legal requirements, risk avoidance, or outcome-based decisions fail to capture the holistic nature of ethics, which incorporates both moral considerations and the common good in decision-making processes.