Ethical standards are guidelines that help individuals and organizations determine what is right and wrong in their behavior. These standards are often based on values such as honesty, integrity, fairness, and respect for others. They serve as a framework for making decisions that align with moral principles and societal expectations. In various fields, such as business, medicine, and law, ethical standards are crucial for maintaining trust and accountability. Professionals are often required to adhere to specific codes of ethics that outline their responsibilities and the ethical treatment of clients, patients, or the public.