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Relevant career - Essay Example

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This subject is not only cover in business area but also in other areas. In Business environment, Ethics are the most important key for decision-making. For instance, Ethics can provide positive impact on your…
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Relevant career
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Relevant career

Download file to see previous pages... I think the most theory that appeals to me and I found interest in week 2 is utilitarianism, which maximizes the power of happiness. Utilitarianism is theory, which lead to the proper action as maximizing benefit and reducing the negatives. Furthermore, utilitarianism is not limited to the happiness caused by single actions but also contain the happiness of all the people that involved and the future consequences. Also, in week 2 I learnt about Bentham’s utilitarianism which is about the human’s feeling or basic emotions. Humans are more likely looking for happiness rather than suffering from problems. According to Bentham’s utility can be found in every single thing that contribute to the happiness, which is really good. In my opinion utilitarianism has many interesting points that can be used in most of the aspect of life.
One of the most common criticism of utilitarian ethics is the perspective that “the end justify the means”. Since utilitarian theory aims to maximize the benefit of happiness and reducing negatives in its objective, the theory holds that the means or the way to achieve it is justifiable. Other theorist however misused and misunderstood this that an ideal end or objective is enough to justify a less than ideal means. Citing as an example in business, we can take the idea of profit to be able to give more to employees and its shareholders. As a business organization, it is only but natural that a business would like to keep its shareholders happy by giving higher returns and to give bonuses and higher wages to its employees so that they will become happy and be more productive. Taking the theory of utilitarianism to the extreme, it could mean that using any available means to increase profit including illegal means such as manipulating financial manipulating financial statements to make the company look profitable and increase its stock valuation in ...Download file to see next pagesRead More
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