Kantian And Utilitarian Approaches To The Idea That Good Ethics Is Good Business Flashcards
Utilitarianism fits well with business decision-making because businesses are used to making “?-?” decisions.
Cost-benefit.
It can be difficult to quantify ? objectively. Since businesses are used to putting a number on cost and benefit, ? might struggle to say how much pleasure or pain a decision would cause to each ? involved.
Utility.
Businesses.
Stakeholder.
In a situation where a business is deciding whether or not to move all its employees to zero-hour contracts, an ? utilitarian might conclude that anything is permissible if it increases ? for the greatest number. A ? utilitarian would be concerned about the behaviour of businesses as a whole.
Act.
Pleasure.
Rule.
Mill would distinguish between ? and lower pleasures and the ? of employees, a lower pleasure compared to their good ?
Higher.
Exploitation.
Treatment.
A rule-based approach would fit better with a “good ethics is good business” approach since it’s more ?
Efficient.
Kantian ethics has similar attractions for business as it enables ? to be developed that apply in every ?
Principles.
Situation.
The categorical imperative would clarify for a business just what ? are and aren’t ?
Actions.
Permissible.
The third maxim of the ? imperative requires that a business acts only in ways that would be seen as acceptable by everyone, which fits well with corporate social ?
Categorical.
Responsibility.
The second maxim of the ? imperative says people shouldn’t be treated as ?, which fits well with the concept of business ?, but following it could potentially tie a business up in complex considerations of stakeholder outcomes.
Categorical.
Means.
Stakeholders.
The first maxim of the ? imperative demands that any action is only right if it’s right for everyone. Businesses that followed this ? would always tell the truth. If everyone ?, nothing would work.
Categorical.
Maxim.
Lied.
