Utilitarianism & Stockholder Theory There are many theories when it comes to business ethics and what approaches to take. Two of these leading theories today are Stakeholder Theory and Stockholder Theory. But how does a business executive decide which theory to use when approaching business ethics? This could be determined by the choice of ethical decision-making model by the individual executive. In this essay‚ I will attempt to provide a basis for which a utilitarian thinking business executive
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DEONTOLOGY vs UTILITARIANISM The theory of deontology is derived from the writings of German philosopher Immanuel Kant (1724-1804). Kant stated that a universal law should provide the basis for each act‚ and that the intention was of more importance than the result. Deontology is a duty-based ethical position‚ where one ’s actions are based on what is ethically correct‚ regardless of the consequences (Porche‚ 2004). Deontological theories hold that actions are morally right
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The concept of Utilitarianism is one of the most influential moral theory. It has another name is The Greatest Happiness Principle. The main idea is you can determine the action is morally right or wrong depends on outcome. If the outcome brings pleasure and happiness to the people‚ it is the morally right choice. On the other hand‚ if the result of your action bring more pain and unhappiness‚ it is morally wrong choice. This ideal is based on assumption that overall good as a judge of right or
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Simply put‚ Utilitarianism states that one should act on what would bring the greatest happiness or benefit to the greatest amount of people. Therefore‚ a utilitarian would agree to push two heaviest passengers overboard to save the six. While it violates our morals to kill two people‚ a utilitarian would explain their choice with the integrity objection. In the situation of the lifeboat‚ one is faced with a situation that does not present a perfect outcome. However‚ a utilitarian would say that
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1. From a utilitarian point of view‚ we could generally say that it is permissible to test on living creatures‚ because by finding a cure for pancreatic cancer we would help a large amount of people‚ while only hurting a few in the research process. According to Singer’s concept of speciesism‚ there is no significant difference between the human and the chimpanzee that we should take into account in making this decision. It doesn’t matter what species you belong to‚ and just because the human belongs
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The walk It was a cold raining Saturday in October. Driving by all you can see is pink. Pink everything; Pink hair‚ pink shoes‚ pink socks‚ pink on people’s faces‚ pink on dogs. Everywhere you look you saw pink. You have to get there early if you want a good parking space. We got there about 8:30 the event didn’t start until 9. When you first get there you don’t know what to expect. At first there was not a lot of people there‚ I don’t know if it was because we were early or if it was because
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As stated in the PowerPoint this week‚ “Utilitarianism says that the result or the consequence of an act is the real measure of whether it is good or bad. The great good that we should seek is happiness.” Given this‚ what the anthropologist should do depends on if what will cause the most happiness not for herself‚ but for everyone involved? As an egoist‚ you would want to look out for yourself only. In this case‚ the anthropologist would want to tell the appropriate state agency so she doesn’t get
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philosophical theory‚ deontology becomes flawed when pushed to extreme scenarios. In this essay I will argue for general affirmation of deontology‚ understanding that there are cases in which the logic becomes flawed. Furthermore‚ this essay will be from the perspective of a state actor rather than an individual‚ which is a very important clarification because individual actors are accountable only to themselves‚ whereas state actors must consider their actions in the scope of the people the
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opinions. The debate is by no means new‚ however‚ in my opinion‚ the death penalty is cruel and inhumane. During biblical time‚ capital punishment has been an issue. In writing this paper‚ I intend to argue the topic from a utliitarian point of view using Rawls Priciple of Justice. Utilitarianism revolves around the concept of “the end justifies the means.” It believes that theoutcomes as a result of an action have a greater value compared to the latter. It also states that the most ethical thing to do
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of the pleasures‚ or who needs it more than others. Quantitative is simply the most amount of people that are in need of the pleasure. With these measurements of pleasure and pain‚ utilitarianism can create the maximum amount of happiness. For utilitarians‚ the utility of happiness is the ultimate purpose to human life. The most important thing for everyone is to incorporate happiness and maximize it whenever necessary and for the most people in all of society. Utilitarianism is not an egoist theory
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