Restricted to students in the Master of Business Administration program. Examines ethical aspects of the managerial decision-making process and the application of fundamental ethical principles to business, legal, and social problems. Includes ethical implications of financial markets, race and gender discrimination, employee privacy, multinational business, and health, safety, environmental, and consumer issues. For each semester hour of credit earned, one lecture hour a week for one semester. Business, Government, and Society 181M, 281M, 381M and Legal Environment of Business 380 (Topic 1) may not both be counted. Prerequisite: Graduate standing.