However, they will not believe that the consumer will bring the huge benefit to their business because consumers will remember company which give them rewards, and they always stick with them. In addition, they also buy other goods, not only the one that they have the reduce price coupon. Thus, whenever they want to buy something, they always think about their favorite company
The first ethical theory is Utilitarianism. Utilitarianism is based on actions that show right from wrong. In the story the Utilitarianism, is choosing which would benefit the most to the most people. This theory would conclude that it was the best choice to take Henrietta Lack’s cells and distribute them all over like they did in the story. The utilitarianism would benefit much more on the decision that the doctor made then a negative decision, which is based on consequences.
Duska brings up commercialization of work as businesses only thinking about them and their profits. They don’t care if their employers enjoy the work they are doing, the companies want the money they make to override the employees and exploit the work they do. Duska believes that loyalty is important because it’s what ties an employee to their job and to be able to love what they do. He feels like employees should be
By using utilitarian moral principles we can argue the case from a different perspective. Utilitarianism holds that an action that produces the greatest balance of benefits over harms for everyone affected. As long as a course of action produces maximum benefits for everyone. Utilitarianism does not care whether the benefits are produced by lies, manipulation, or coercion when holds a greater outcome for many. This theory creates controversy in business ethics in case of this corporation’s obligations to society.
My insight into the BACP ethical framework is that it aggravates the qualities, standards and individual good characteristics of advising and of the guides that practice close by it. Basically it arrives to guarantee that all customers get the most elevated standard of directing conceivable in a way that advances their prosperity (McLeod
This is discussed by Shafer-Landau in The Fundamentals of Ethics; he says that ethical egoism “arbitrarily makes my interests all-important” (114). If a person is required to do whatever is necessary to increase their well-being, then they must only act in their interests. Ethical egoism allows individuals to think that there is no one more important or as important as them. It supports the belief that egoists should only care for themselves, ignoring everyone else’s needs and wants. An ethical egoist will only do the things that are pleasurable for them and that increase their welfare.
Utilitarianism is an ethical theory based on the idea people should act in a way that produces the greatest optimal utility. In other words, people’s choices should achieve the greatest amount or benefits for the greatest amount of people and oneself. In this paper, I will argue the Hedonistic view point John Stuart Mill presents is a more refined branch of utilitarianism because of Mill’s concept of higher and lower pleasures . This paper is broken into two main sections. I will begin by outlining Mill’s Hedonistic Utilitarianism.
According to Mill, “acts should be classified as morally right or wrong only if the consequences are of such significance that a person would wish to see the agent compelled, not merely persuaded, and exhorted, to act in a preferred matter. A moralist can sum up the units of pleasure and the units of pain for everyone likely to be affected, immediately and in the future, and could take the balance as a measure of the overall good or evil tendency of an action” (West). The moral value of an action can be based on what is called hedonism. This says the only thing can be good is pleasure or happiness. Utilitarianism shows how moral questions can have objectively true answers.
His action dealing with the important client mentioned by his company will lead to further contracts which will eventually not only benefit company, this will bring ‘greatest good’ towards his manager and career performance. This demonstrate him adopting consequentialist theory of utilitarianism which drives to act in a way resulting in the greatest possible amount of well-being for most number of people instead of an individual (Eggleston, 2012). Initially, Boris adopted Stage 1 of Kohlberg’s (1971) where there is no reluctance in him to decline the request from his manager. If he declines, this would lead his downturn relationship with his manager and unreliable employee status in the company as a punishment. Boris justify himself as a dominant stakeholder (Maak, 2007) as he has to power to choose with his employee entitlement and legitimacy being one of the reliable accountant for the company dealing with an important client.