How to benefit the business and its stakeholders positively


Problem:

The ethical theories we have discussed conflict with one another. Is there a clear formula to help us decide which theory or theories might work best, when applied in management decision making as an aid to doing the right thing?

When you are reading Linda's case for today's discussion think out why we might be drawn to this or that particular theory.

Does it make business sense to use one or other of the theories? Why?

Imagine choosing only one theory from Egoism Altruism Utilitarianism, Kantian ethics or Relativism. Which would you choose and why if you wanted to benefit the business and its stakeholders positively?  Discuss the pros and the cons of each theory

 

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