This document provides an overview of business ethics and social responsibility. It defines business ethics as the principles and standards that determine acceptable conduct in business. It uses the example of Enron, where top executives were found guilty of misconduct related to hiding the company's financial condition. The document discusses how ethical issues can arise in for-profit companies as well as government and sports. It emphasizes that most decisions are judged as right or wrong, ethical or unethical, and this can affect an organization's relationships and reputation. The document also provides guidance on recognizing ethical issues in business and evaluating the ethics of decisions from different perspectives.