3
Business Ethics Essentials
After studying this chapter, you should be able to:
1. Describe the public’s opinion of business ethics;
2. Define business ethics, explain the conventional
approach to business ethics, and identify the
sources of ethical norms in individuals;
3. Analyze the economic, legal, and ethical aspects
of a decision by using a Venn model;
4. Identify, explain, and illustrate three models of
management ethics;
5. In terms of making moral management actionable,
describe and discuss Kohlberg’s three levels of
moral development and Gilligan’s ethics of care;
and
6. Identify and discuss six major elements of moral
judgment. How does Rest’s four component model
of ethical decision-making build upon these
elements?