Ethics is “that branch of philosophy dealing with values relating to human conduct,”i whereas morality is defined as “moral quality or character.”
In other words, ethics could be considered a subset of moraltiy, because our morality defines our own personal character; and that character decides how we deal with other people, which is the domain of ethics.
It is important for me to make this distinction between the two concepts, because when I talk about ideal behaviour in a business environment, I’m talking about ethics—the way in which I deal with other people or the way in which I would like people to deal with me—and not morality as a whole.