utilitarian Flashcards
Utilitarian Rule
An ethical decision should produce the greatest good for the greatest
number of people.
• To decide – managers must consider how different possible courses of
business action would benefit or harm different stakeholders.
• DECISION – managers should choose the course of action that
provides THE MOST BENEFITS
or THE LEAST HARM to stakeholders.
Moral Rights Rule
An ethical decision is one that best maintains and protects the
fundamental or inalienable rights and privileges of the people
affected by it.
• To decide – managers must choose the course of actions that best
protects and upholds the rights of ALL stakeholders.
• Example – protecting people’s rights to freedom
life and safety
property
privacy
Justice Rule
An ethical decision is one that distributes benefits and harms among
people and groups in a fair
equitable or impartial way.
• To decide – managers must compare and contrast alternative courses
of actions that will fairly and equitably distribute outcomes to
stakeholders.
• Example – employees with similar qualifications
skills
responsibilities should receive similar pay (not gender
race
Practical Rule
An ethical decision is one that a manager has no reluctance about
communicating to people outside the company because the typical
person in a society would think it is acceptable.
• To decide – managers must compare and contrast alternative courses of
actions that will fairly and equitably distribute outcomes to stakeholders.
• Example – Integrity in personal and professional matters · Honesty
truthfulness and sincerity · Loyalty and allegiance · Responsibility & reliability
