Business Ethics and Corporate Social Responsibility: Ethical Theories Applied to Business · Utilitarianism and Consequences
How utilitarian reasoning judges business decisions by their consequences, and where it runs into trouble.
Try 3 questions
1. According to utilitarianism, what makes a business decision morally right?
- It produces the greatest total well-being
- It follows rules everyone could accept
- It reflects the character of a good person
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Answer: It produces the greatest total well-being
Utilitarianism judges acts only by their results: the best choice is the one that maximizes overall well-being for everyone affected.
2. Which pair of thinkers is most associated with founding classical utilitarianism?
- Jeremy Bentham and John Stuart Mill
- Aristotle and Thomas Aquinas
- Immanuel Kant and Jean-Jacques Rousseau
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Answer: Jeremy Bentham and John Stuart Mill
Bentham set out the greatest happiness principle in the late 1700s, and Mill refined and defended it in his 1861 essay Utilitarianism.
3. How did John Stuart Mill's version of utilitarianism differ from Jeremy Bentham's?
- He counted only the agent's own pleasure
- He rejected happiness as the moral goal
- He ranked some pleasures higher in quality
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Answer: He ranked some pleasures higher in quality
Bentham measured pleasure by quantity alone, while Mill argued that intellectual and moral pleasures are worth more than mere bodily ones.
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