This second edition of Business Ethics and Ethical Business has all the virtues of the first edition as well as additions and revisions throughout, and three new chapters—one on AI and two on environmental ethics and sustainability. It explores the place of business in society, describes ethics in management, recognizes the challenges of environmental preservation, and explores challenges of international business. It introduces the major standards of business ethics and provides tools for ethical analysis to guide decision-making. The book is also distinctive in its many concept definitions—including bribery, conflict of interest, intellectual property, preferential hiring, rights, stakeholders, sustainability, technology transfer, transparency, and value. Its combination of brevity, clarity, and comprehensiveness makes it usable in short or long courses, and every chapter is self-contained. Authors Robert Audi and Nathan L. King explain enough basic ethics to free instructors from assigning lengthy readings in general ethics, and the book will easily complement standard readings in business ethics. It is especially useful for modules or courses exploring detailed case studies. Instructors in executive MBA, management, or marketing courses, who may have limited time to teach business ethics, will find the book frees them from needing to assign a separate case book. To stimulate class discussion and analysis, the book features twenty case scenarios modeled on ethical problems common in business. Key Features: Updates to the Second Edition include: Three new chapters, one on AI and two on environmental ethics and sustainability Additions and revisions throughout the text, including updates to end notes Includes an appendix containing twenty short case scenarios modeled on ethical problems in business Provides the main tools for ethical analysis in business Is clear enough for undergraduate courses but advanced enough for MBA programs Features self-contained chapters, which can be easily added or dropped from weekly reading assignments Introduces basic ethics in the context of concrete business examples Includes definitions of key ethical principles and a glossary of many key terms in business ethics