Utilitarian Ethics

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Utilitarian Ethics Introduction Utilitarianism is an ideological theory introduced by Jeremy Bentham in the late 1780s to assist in solving the recurrent and adverse ethical cases, which confronted institutions, organizations/companies, as well as the society. The utilitarianism is an idea that the overall utility contribution of an action, solely determines the moral worth of that action, that is, the general perception by the public on the contribution of such action to people's pleasure or happiness. With close reference, the utilitarian is thus termed as a form of consequentialism, that is, the result of an act determines its moral value. Bentham's utilitarian ethics thereby supposed that the entire morality emanates from the "enlightened self-interest". It also elicits that people who act habitually with a view of their own maximum satisfaction in the end, would forever act rightly (Miller & William, 1982). Because of the production and supply of transistors to a heart pacemaker company, the supplier company faces a confrontation by dilemma resulting from the ideological differences of the company's board of directors. This scenario comes out after the realization that this company is the remaining sole supplier of transistors to the heart pace-making company, after all other companies' realization of life and social impacts of their products to the society, which made them to quit the business. The dilemma is on whether to stop or continue with the supply of
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