Business Ethics Assignment 8_08 Example | Topics and Well Written Essays - 1000 words

Business Ethics 8_08 - Assignment Example It can reduce all the possible negative outcomes. Management of any organization can take right decision at right time by using this theory. Traditional utilitarianism has a couple of flavors. These are act utilitarianism and rule utilitarianism. Act utilitarianism states that right or wrong act depend on the situation or consequence. If outcome is good then it can be said that right strategy was applied for getting such positive outcome. Again in case of negative outcome, the opposite judgment can be observed. Rule utilitarianism is very simple by nature and it states that morality can be maintained by anyone by obeying moral rules. Now moral rules are basically those guidelines which provide maximum happiness to the maximum number of people (Taleff, 2009). The below mentioned considerations can be taken to determine what moral things have to do in any particular occasion. Utilitarianism is attractive to many persons as well as many organizations for different reasons. These reasons are as follows. From the organizational point of view this can be analyzed that different people have different interests and sometimes conflict arises from such different interests. It hampers the organizational activities. Utilitarianism helps to trade off between interests of different parties and reduce egoism in a particular group. It always focuses on the actual interest. Self interest is maintained by using this theory after fulfilling the group interest. This theory is attractive because people can judge the right and wrong decision by using utilitarianism. Second reason for the attractiveness of utilitarianism theory is reflection of morality. This theory is simple, powerful and rigorous system of morality. It establishes relationship between relatively correlated basic principles. This morality helps people to understand the wrong and right decision. This theory constructs a consistent and powerful philosophy and this philosophy can be applied in any situation