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Egoism : Decision On Selling The Plant

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Egoism – Decision on selling the plant in Wisconsin To begin, the first ethical theory that will be discussed is Egoism. As stated by Weber, an egoist is an individual that assumes a narrow focus of analysis – the self – and may consider either the probable consequences of the self or evoke a personal set of ethics (Weber 2015). Moreover, since egoists focus on themselves, they do not ponder the consideration of others in regards to their decision-making. While coming to decisions, consequences and principles are taken into consideration, but only on a self-regarded level. With there being the focus on an individual’s self and that alone, egoists do not worry about any sorts of outside interest. Any indication of contemplation of others will result in applying a different ethical theory, due to egoists having a, “ I will look out for myself” mindset (Weber 2015). In the Wisconsin case, the crucial actor is the owner of an automobile plant in a small town. Furthermore, included in this case are the current employees of the plant, the town the plant is located in, and the German competitor who is bidding to purchase the plant from you. Thinking as an egoist, the main consequence being presented is the potential closing of the plant, along with lost profits. Since the core of egoism pertains to self-interest, the well-being of the town has no influence on the decision-maker. From analyzing the case, it seems as if the owner’s personal security and wellness revolved

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