How can utilitarianism be applied in an organizational context?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Japan has approved a plan to release more than one million tonnes of contaminated water from the destroyed Fukushima nuclear plant into the sea.
The water will be treated and diluted so radiation levels are below those set for drinking water. But the local fishing industry has strongly opposed the move, as have China and South Korea.
Tokyo says work to release water used to cool nuclear fuel will begin in about two years. The final approval comes after years of debate and is expected to take decades to complete. Reactor buildings at the Fukushima power plant were damaged by hydrogen explosions caused by an earthquake and tsunami in 2011. The tsunami knocked out cooling systems to
the reactors, three of which melted down. More than a million tonnes of water have been used to cool the melted reactors.
Environmental groups like Greenpeace have long expressed their opposition to releasing the water into the ocean. The NGO said Japan's plans to release the water showed the government "once again failed the people of Fukushima".
The country's fishing industry has also argued against it, worried that consumers will refuse to buy produce from the region.
The industry was hit extremely hard after the 2011 disaster, with many countries banning the import of sea food caught off Japan's north-eastern coast. The decision has also prompted criticism from Japan's neighbours. Ahead of the decision, South Korea's foreign minister on Monday expressing "serious regret".
Scientists argue that the elements remaining in the water are only harmful to humans in large doses. With dilution the treated water poses no scientifically detectable risk, they say.
While the tritium is radioactive, it has a half-life of around 12 years, meaning it will disappear from the environment over a period of decades rather than centuries.
Radiation from tritium can be ingested, however, which is why fishing industry groups are concerned about the risk of it getting into the food chain and being consumed through sea food.
The risk of this happening is not zero, but the scientific consensus is that it does not pose a threat to human health.
a) How can utilitarianism be applied in an organizational context?
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