This document provides an introduction to business ethics. It defines ethics as a set of moral principles that should guide conduct, especially for managers and employees. It notes that ethics is normative, universal but can vary by society, and aims for perfection in human conduct. Business ethics concerns potentially controversial topics like governance, discrimination, and fiduciary duties. Upholding ethics builds customer loyalty, retains good employees, avoids legal issues, and creates a positive work environment. The document also discusses types of ethics like personal, professional, managerial, participatory, transactional, and recognition ethics. It explains how corporate social responsibility is intertwined with business ethics.