1. The subject matter that needs to be carefully considered in the study of business ethics. – Moral Responsibility or Moral Judgment???? Morality??? 2. The study, evaluation, analysis and questioning of ethical standards, policies, moral norms and ethical theories that managers and decision-makers use in resolving moral issues and ethical dilemmas affecting business. – Business Ethics 3. A document of the Church addressing ethical challenges facing workers, employees, the Church and the state as a result of the industrial revolution and onset of the great depression. – Quadragesimo Anno 4. It is a process in which ethical issues and problems are benchmarked against a moral standard so that a moral judgment is made possible. – Moral Reasoning