This document provides an overview of business ethics concepts, including:
- The definition of ethics as the study of morality and moral standards.
- Business ethics examines moral standards as they apply to business.
- Ethical issues can be systemic, corporate, or individual in nature.
- There are debates around attributing ethical qualities to corporations.
- Four steps can lead to ethical behavior: recognizing ethical situations, judging actions, deciding to act ethically, and following through.