DSST Business Ethics study materials
DSST Business Ethics study resources

DSST Business Ethics study plan

DSST Business Ethics · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Moral philosophies and business ethics & Social responsibilities of a business

  • Define the core vocabulary of moral philosophy (consequentialism, deontology, virtue ethics, egoism, relativism) in your own words and give one business example of each

  • Distinguish utilitarian cost-benefit reasoning from rights-based and duty-based reasoning when applied to a workplace decision

  • Compare the shareholder-primacy and stakeholder views of the firm and state the strongest objection to each

  • Classify the four levels of corporate social responsibility (economic, legal, ethical, philanthropic) using three real company announcements you locate yourself

  • Write a 150-word argument defending one philosophical framework as the best guide for managers, including one counterargument

Your checkpoint

A one-page framework comparison table (framework, core claim, business example, main weakness) covering at least five frameworks

Week 2

Regulation of business & Business and government

  • Outline the main categories of business regulation (antitrust, consumer protection, securities, environmental, labor) and name the kind of conduct each targets

  • Explain the difference between economic and social regulation and give one statute-style example of each

  • Trace how a government agency enforces a rule: investigation, administrative action, and judicial review

  • Analyze one current regulatory proposal and identify which stakeholders gain and which bear the cost

  • Argue both for and against the claim that regulation is usually captured by the industries it regulates

Your checkpoint

A two-column regulatory map listing at least eight regulatory areas with the agency type and the misconduct each addresses

Week 3

Employer-employee relations & Ethics of information

  • Identify the ethical and legal issues in hiring, evaluation, discipline, and termination, including discrimination and retaliation concepts

  • Explain at-will employment and the major exceptions to it in general terms

  • Distinguish privacy, confidentiality, and security as separate obligations of an employer handling employee data

  • Apply a decision procedure to two workplace scenarios involving monitoring, whistleblowing, or conflicts of interest

  • Describe the ethical duties around accuracy, ownership, and access for customer and employee information

Your checkpoint

Two written scenario analyses (300 words each) that reach a recommendation and justify it with an ethical framework and an applicable rule

Week 4

Ethics in international business & Ecology and global business

  • Compare absolutist and relativist positions on bribery, gift-giving, and facilitation payments across cultures

  • Explain the main purposes of anti-corruption law such as the Foreign Corrupt Practices Act and the OECD Anti-Bribery Convention at a conceptual level

  • Identify the tensions between labor standards, human rights, and cost competition in global supply chains

  • Describe the ethical dimensions of environmental externalities, including pollution, resource depletion, and climate risk disclosure

  • Evaluate a sustainability report or code of conduct for specific, verifiable commitments versus vague claims

Your checkpoint

A 400-word memo recommending how a mid-size firm should handle a foreign payment request, citing at least two frameworks and one legal consideration

Week 5

Corporations and stakeholders & Social responsibilities of a business

  • Map the claims of at least six stakeholder groups (owners, employees, customers, suppliers, communities, creditors) and rank them by moral weight with reasons

  • Explain the principal-agent problem and how executive compensation can create or align incentives

  • Distinguish corporate governance mechanisms (board independence, audit, disclosure) by the failure each is meant to prevent

  • Analyze the tension between short-term shareholder returns and long-term stakeholder investment using a concrete example

  • Draft a stakeholder salience analysis (power, legitimacy, urgency) for one company you know well

Your checkpoint

A stakeholder salience matrix for one real company with at least six stakeholders scored and justified

Week 6

Moral philosophies and business ethics & Regulation of business & Employer-employee relations

  • Revisit the philosophical frameworks and apply each to a regulatory and an employment dilemma to test transfer of knowledge

  • Build a personal decision checklist that integrates consequences, duties, virtues, and stakeholder impact

  • Identify the ethical failure modes most often tested: conflicts of interest, rationalization, diffusion of responsibility, and overconfidence

  • Practice distinguishing legal compliance from ethical adequacy in ten short scenarios

  • Explain how corporate ethics programs, codes, and hotlines actually change behavior, and where they fall short

Your checkpoint

A personal decision checklist plus ten short scenarios each tagged with the failure mode and the governing framework

Week 7

Ethics of information & Ethics in international business & Ecology and global business & Business and government

  • Synthesize the information, international, environmental, and government domains into cross-cutting themes such as transparency and accountability

  • Explain how data protection expectations differ across jurisdictions at a general level and why multinationals face conflicting duties

  • Analyze the ethics of lobbying, political contributions, and revolving-door employment between government and industry

  • Argue both sides of a question where environmental protection and economic development conflict, then state and defend a position

  • Complete a timed 60-question mixed practice set and categorize every miss by domain

Your checkpoint

A timed practice-set score log with each missed question tagged to a domain and a one-line reason for the error

Week 8

Moral philosophies and business ethics & Social responsibilities of a business & Regulation of business & Employer-employee relations & Ethics of information & Ethics in international business & Corporations and stakeholders & Ecology and global business & Business and government

  • Review your weakest two domains based on the week 7 error log and rewrite those notes into one-page summaries

  • Rehearse the definition, one example, and one weakness for every major framework without notes

  • Complete a second timed practice set and compare domain accuracy against week 7

  • Memorize the distinctions most easily confused: CSR levels, at-will exceptions, economic versus social regulation, absolutism versus relativism

  • Finalize exam-day logistics and a pacing plan for the question count

Your checkpoint

Two one-page domain summaries plus a score comparison showing improved accuracy in your weakest domains

Milestones

Week 2: You can name the major regulatory categories and the agency type that enforces each, and you can state the shareholder versus stakeholder positions without notes

Week 4: You have completed both scenario analyses and the international payments memo, and you can explain absolutism versus relativism with a business example

Week 6: Your decision checklist is finished and you can correctly classify at least eight of ten scenarios as legal-only or ethically adequate

Week 8: Second timed practice score exceeds the first, and accuracy in your two weakest domains has improved by at least ten percentage points