Define the consequential theories, deontological theories, and humanist theories of ethical thought

What will be an ideal response?


Ethicists, businesspeople, and workers who adhere to a consequential theory of ethics judge acts as ethically good or bad based on whether the acts have achieved their desired results. The actions of a business or any other societal unit are looked at as right or wrong only in terms of whether the results can be rationalized. This theory is exemplified by two subcategories of the utilitarian school of thought, act utilitarianism and rule utilitarianism. Deontology is derived from the Greek word deon, meaning "duty." For advocates of deontology, rules and principles determine whether actions are ethically good or bad. The consequences of individual actions are not considered. The golden rule, "Do unto others as you would have them do unto you," is the hallmark of this theory. A third school of thought, the humanist school, evaluates actions as ethically good or bad depending on what they contribute to improving inherent human capacities such as intelligence, wisdom, and self-restraint.

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Answer the following statement true (T) or false (F)

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Answer the following statement true (T) or false (F)

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The groups primarily served by a firm exhibiting stakeholder responsibility include

A. government, owners, and stockholders. B. owners and stockholders. C. the general public, public interest groups, and the environment. D. consumers, employees, suppliers, and distributors. E. the general public, owners, and stockholders.

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The acronym MNC stands for

A) Mexican National Committee (for international trade) B) Maquiladora Negates Competition C) Maytag-Nestlé Corporation D) Multinational Corporation E) Maritime Navigation Company

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