Utilitarianism Provides The Most Useful Approach To.
Applied to business, Kantian ethics is too rigid as the principle of duty stifles progress. For example, in a family run business, they may be partial to choose employees based on who they know and so are motivated by personal interest. However, such sort of partiality is essentially cronyism and cannot be accepted under a Kantian ethical.
Compare and contrast utilitarianism and deontology. Utilitarianism is the principle that the correct form of action be taken to benefit the greatest number of people. Deontology is defined as the area of ethics involving the responsibility, moral duty and commitment.
Utilitarianism states that the morality of an action is determined by its consequences. For example,in utilitarianism it is acceptable if others are harmed but the consequence of the action is the well-being of a greater number of people.
The Kantian And Utilitarianism Approach 914 Words 4 Pages 8. The purpose of focusing on the Aristotelean approach is to delve into business ethics surrounding an individual within their corporation, instead of the focus that centers on groups of people within a corporation.
Also read utilitarianism and business ethics essay. Virtue Theory. Virtue Theory is base on Aristotle’s Nicomachean Ethics and is therefore also referred to as neo-Aristotelianism. Unlike utilitarians who focus on rightness and wrongness of each action, virtue theorists concentrate on character and are concerned about individual’s life as a.
The stakeholder approach is supported by Havard Business School which demonstrates the practicality. The idea that there is nothing wrong with fees and that Kantian ethics can be applied through schemes like Open Book management make the theory practical.
Using the Utilitarian approach to analyze the ethics of Chiquita, the company needed to compare the costs and benefits of their decision and actions taken. For a utilitarian, the alternative where the benefits most outweigh the costs is the ethically preferred action because it produces the greatest good for the greatest number of people.