"Enron and utilitarianism" Essays and Research Papers

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    Utilitarianism is a philosophical idea that can be used by individuals‚ governments or agencies‚ in which the purpose is to help pick an action to take. According to Utilitarianism‚ the action one should take show be the action that produces the most pleasure and the least pain for everyone involved. In order to make this decision‚ Bentham suggests using a hedonic calculus‚ through which you "...sum up the numbers expressive of the degree of good tendency‚ which the action has‚ with respect to each

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    Innovative Utilitarianism

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    Considering that law and religion are based on ultimate authority according to an ethical standard and runs by an individual in power and societies; therefore philosophers have come up with a theory of moral standard that roots from logic and thoughts that can be simplified for humans basic needs. In that sense‚ these needs produce the most satisfaction at the fundamental level for human being’s universally and help them to live their life’s at the fullest. For a fact‚ every human being has a simple

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    the right. Consequentialist theory works better to argue the above statement. Consequentialist theories are the ethical theories view that the action is right if and only if its consequence is the best possible. The well-known example would be Utilitarianism- “Every advantage in the past is judged in the light of the final issue.’’ (Demosthenes). In the United States of America‚ people drive on the right side of the road and in England‚ they drive on the left side. There is nothing intrinsically right

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    The accounting scandal at Enron which occurred early during the last decade involved the manipulation of accounting rules in order to enrich the company’s executive leadership. Hence‚ while accounting techniques facilitated the Enron scandal it is more of a tale that is related to the hubris of the firm’s top executives and their deep-seated greed. Evidence that hubris and greed was more of the driving force than the actual manipulation of accounting rules for the Enron scandal is evident in the

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    Dark Side of Utilitarianism According to Bentham‚ an English moral philosopher and legal reformer‚ the highest principle of morality is to maximize happiness‚ the overall balance of pleasure over pain. This principle explains the Utilitarianism doctrine that is mostly the solution of everyone in every century. Utilitarianism can bring the most benefit for people. In contrast‚ throughout the three stories “Justice” by John Stuart Mill‚ Never Let Me Go by Kazuo Ishiguro‚ and “The One who Walks Away

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    What Is Utilitarianism?

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    philosophy and build a foundational knowledge and understanding of how such thinking has evolved and progressed in humans over time‚ one must look to possibly one of the most influential approaches to ethics in history: Utilitarianism (Driver). In order to understand what Utilitarianism is and how this system of thought developed and can be applied in society‚ one must look back to the writings of thinkers who began to discover a clearer definition of the concept in the early nineteenth century. Ideas

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    Case Study of Enron

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    Response to organizations in art or entertainment (Enron‚ the Smartest Guys in the Room‚ 2005) Introduction There is a proverb “too good‚ to be true”‚ and it means the same‚ that some things are too great‚ to be real. In business world‚ it is often used to describe market conditions or companies under unbelievable success. Although‚ there were not too many companies that would fit the saying Enron was one of them. In a period of sixteen years‚ Enron’s value grew from 10 to 70 billion dollars

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    The Unethical Behavior of Enron Enron‚ once the countries seventh-largest company according to the Fortune 500‚ is a good example of how greed and the desire for success can transform into unethical behavior. Good ethics in business would be to compete fairly and honestly‚ to communicate truthfully and to not cause harm to others. These are things that Enron did not seem to display‚ which led to Enron’s operations file for bankruptcy in 2001. Enron’s scandal has become one of the most talked

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    Arguments on Utilitarianism Which is more valuable: a game of push-pin or the study of Latin? Which has greater worth: the life of a single young girl or the lives of an entire community? These are the sorts of questions raised when dealing with the matter of utilitarianism. According to Jeremy Bentham‚ the father of the theory‚ the ultimate moral goal of human beings should be to increase pleasure and to decrease pain. To maximize the amount of time spent in content‚ and minimize the times of

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    Utilitarianism in Britain

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    .................................................................................................4 BIBLIOGRAPHY Bentham J‚ A Fragment on Government‚ (1776) -The Works of Jeremy Bentham (Simpkin‚ Marshal and Co‚ 1843) Coddington A‚ Utilitarianism Today‚ ‘Political Theory’‚ (Vol. 4‚May‚ 1976) Riddal JG‚ Jurisprudence‚ (2nd edn Oxford Press 2006) Freeman M‚ Harrison R‚ Law and Philosophy Current Legal Issues‚ (Oxford Press 2007) Simmonds NE‚ Central Issues In Jurisprudence‚ (Sweet

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