Describe the differences between law and ethics. List and contrast the various ethical theories. Describe cost-benefit analysis and explain when it should be used and when it should be avoided.

Business Ethics and the Social Responsibility of Business

• Describe the differences between law and ethics.
• List and contrast the various ethical theories.
• Describe cost-benefit analysis and explain when it should be used and when it should be avoided.
• Explain Kohlberg’s stages of moral development.
• Explain the ethical responsibilities of business.