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Governance, Business Ethics and Risk Management

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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
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