MGT400: Ethics in Law, Business, and Management

The video is a review of the differences between law and ethics. The comparison of the two is easily understood in this video through a visual mapping of the differences. It is important to understand how laws have clear guidelines and punishment while ethics are more individualized yet can intertwine to become legal and against the law. For example, a company culture can easily cross the barrier of being unethical and into the realm of illegal activities.