By Robert E. Frederick

In a sequence of articles in particular commissioned for this quantity, a few of latest so much uncommon company ethicists survey the most parts of curiosity and difficulty within the box of commercial ethics.Sections of the e-book conceal issues reminiscent of the customarily effortless relation among company ethics and capitalism, the hyperlink among enterprise ethics and moral idea, how ethics applies to express difficulties within the company global, the relationship among company ethics and comparable educational disciplines, and the perform of commercial ethics in smooth corporations.Includes vast, obtainable dialogue of all the major components of curiosity and debate in enterprise ethics positive aspects all unique contributions by means of unusual authors in enterprise ethics comprises an annotated desk of contents, bibliographies of the suitable literature and a listing of net assets of fabric on enterprise ethics excellent, finished booklet to be used in enterprise ethics classes

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This squares with our commonsense idea that the “best” business transaction is one in which the “best result” is achieved when both buyer and seller are considered and benefitted. Moreover, act utilitarianism provides a definite method for determining which act is right. It cautions us not to act on our mere intuitions as to what is right and wrong, and requires us to enumerate alternatives, consider all their consequences, calculate utilities, and then act to maximize utility. Now businesses certainly engage frequently in this type of calculation.

As luck would have it, however, there is a middle-manager, Y, in Q, who has had bad relations with his or her supervisors and is about to be fired. X suggests that Q’s president make it appear as though Y embezzled the $50,000. When Y is fired, the company will not press charges, and X will quietly repay the money stolen. The question then is this: should Q’s president frame Y for the embezzlement actually committed by X? If, as it appears, doing so would maximize utility, then the act utilitarian would answer yes.

However, according to utilitarianism, that feature does not make the act wrong for that feature is irrelevant to whether the act is right or wrong. For the utilitarian, whether breaking a promise is right or wrong depends entirely on the act’s consequences. The intuitive idea behind utilitarianism is that we should act to bring about the best consequences and, hence, whether an act is morally right or wrong depends on whether the act does or does not bring about the best consequences. Of course, we will have to say more about what we mean by “best consequences,” but for now let us just use our ordinary concepts of benefit and harm to make sense of the notion.

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