Utilitarianism, Virtue And Care Ethics

930 Words4 Pages
The three ethical theories I will discuss from Chapter 1 include: utilitarianism, virtue and care ethics. First, the utilitarianism is moral standard and a theory of action by humans that are morally right in action. Utilitarianism is an action that is morally right if its consequences are more favorable. One way for businesses’, as our reading suggests (Fieser & Moseley, 2012), is make a list of all the good and bad for any particular act. If the good outweighs the bad then that action should occur. If the bad outweighs the good, then the action should stop. Utilitarianism theory attempts to keep things on the positive, happier side of the spectrum. A company using this theory is probably functioning well due to their morale analysis of actions related to safe products, good quality products and customer care, a fair price, and fair and equal treatment to their employees. In addition, because utilitarianism is a morale standard, a company would be environmentally conscious and find ways to help the community and the world. A company would work at making their products in an environmentally safe way, recycle surplus and make their products within the United States to support the economy. A company would also look at balancing goods over harm produced to the environment or people. Lastly, if a company were to be very successful, they should donate some of their proceeds back into the community (environmentally or local community support) or employees (bonuses,
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