"Ethical principles in business utilitarianism" Essays and Research Papers

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    International Legal and Ethical Issues in Business Unit 5 Individual Project ABSTRACT In this paper I will discuss environmental regulations and labor laws in place in Thailand and Singapore. This paper will show that while Singapore seems to have stricter environmental regulations in place in it’s country‚ the labor laws in Thailand seems to protect its citizens better with better work hour regulations and wage requirements. Singapore’s labor laws can stand to be revisited so as to keep the

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    Kant Vs Utilitarianism

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    Utilitarianism and Kant’s respective have different ways for demonstrating whether an act we do is right or wrong. Corresponding to Kant‚ we should look at our maxims‚ intentions‚ of a particular action. Kantians believe “If we are rational‚ we will each agree to curb our self-interest and cooperate with one another” (Shafer-Landau‚ Russ 194). In other words‚ humans are rational beings capable of rational behavior and should not be used purely for self-interest. On the other hand‚ Utilitarian’s believe

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    There are obvious problems with both Act and Rule Utilitarianism. Both theories share the common goal of achieving the greatest happiness for the greatest amount of people. However‚ it is impossible to measure or compare happiness‚ as one persons happiness may not necessarily be another’s. And how do we measure intangible gain‚ such as happiness against material gain‚ such as money? The root principle is a good concept‚ but it’s the means to which we arrive at the end that cause the problems. In

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    Jeremy Bentham (1748-1832) developed his ethical system of utilitarianism around the idea of pleasure. John Stuart Mill (1806-1873) later furthered and many believe he improved Bentham’s theory (Mill is often linked to Rule Utilitarianism) but still followed many of his original ideas. The theory is based on ancient hedonism‚ which pursued physical pleasure and avoided physical pain. Hedonism saw human beings as “Under the governance of two sovereign masters of pain and pleasure.” So a key concept

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    Perhaps quite eloquently‚ in John Stuart Mill’s text Utilitarianism he noted that “there are few circumstances among those which make up the present condition of human knowledge more unlike what might have been expected‚ or more significant of the backward state in which speculation on the most important subjects still lingers‚ than the little progress which has been made in the decision of controversy respecting the criterion of right and wrong” (Mill 1:1-6). In summary‚ it is rather evident that

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    Utilitarianism is an ethical theory coined by an English philosopher who lived during the late 1700’s name Jeremy Bentham. Bentham believed in the principle that human beings should be motivated by pain and pleasure; he said “Nature has placed mankind under the governance of two sovereign masters‚ pain and pleasure” this meant that every human being’s goal in life should be to pursue pleasure and avoid pain and that these should be defining factors of what is moral. Utilitarianism is strongly based

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    Sabina Leng Outline the important features of utilitarianism (21 marks) The theory of utilitarianism determines the rightness or wrongness of an action by its consequence. The theory uses a teleological approach where it primarily focuses on the amount of pain or pleasure created as the result of a given action. As such‚ it moves beyond the scope of one’s own interests and takes into account the interests of others. Utilitarianism is a relativist system of which most versions do not set out

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    exercise in self-expression. Others contend that we should vote in pursuit of a democratic ideal‚ and still others argue that we should vote out of respect for those who have defended our rights. As a consequentialist theory‚ utilitarianism is utterly unconcerned with these principle-oriented arguments. Utilitarians are concerned only with maximizing total social utility‚ or the overall well-being of society. Thus‚ utilitarians would assert

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    Peter Singer asserts that utilitarianism implies a moral obligation to be a vegetarian. Utilitarianism holds that the right actions‚ or what we ought to do‚ are those actions that are expected to produce the best overall consequences‚ provide maximum utility‚ happiness or pleasure and minimize pain and suffering. Utilitarians look at the probable consequences of choices and choose their actions based on whatever they believe will produce the most utility or pleasure. Singer claims that if one is

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    The basic moral principle of utilitarianism is called the principle of utility or the greatest happiness principle. As John Stuart Mill explained it “actions are right in proportion as they tend to promote happiness‚ wrong as they tend to produce the reverse of happiness” Utilitarianism is a form of consequentialism. It focuses on the consequences of action. Utilitarian believe that pleasure or happiness is the good to be produced. As Bentham put it “Nature has placed mankind under the governance

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