By taking a Business Ethics course, one is studying ethics.
Often used in the social sciences, such as psychology, this type of ethics studies how we actually behave.
This type of ethics studies moral codes; the principles, rules, or theories that guide peoples’ actions and judgments.
Frequently talked about in the context of what we should or ought to do, are duties or responsibilities.
These refer to character traits, persons and motives, are what is morally good, bad, blameworthy, or praiseworthy.