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Summary Assess the view that utilitarianism provides the best approach to business ethics £4.46
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Summary Assess the view that utilitarianism provides the best approach to business ethics

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Question: 'Assess the view that utilitarianism provides the best approach to business ethics' Includes; Thesis and 4 paragraphs. Very detailed and includes examples and scholars!

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  • April 17, 2024
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  • 2021/2022
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Assess the view that utilitarianism provides the best approach to business ethics.
Thesis: utilitarianism does provide the best approach to business ethics.
 Because of the utilitarian focus on the greatest number this would encourage global
responsibility by empowering employees at the end of a supply chain in developing
countries as well as stakeholders in a business
 Bentham extends ethical consideration to non-human animals, meaning animals are
protected in the context of business
 Utilitarianism focuses on consequences, meaning it would allow whistleblowing and CSR
Paragraph 1 – AGREE with thesis: CSR
 Utilitarian’s such as Bentham take a cost-benefit approach to weighing ethical decisions
because of it is a consequentialist theory
 CSR would be essential in creating a good ethical business as utilitarianism would consider
the impact of human industry on the environment
 So, the products of the business would be environmentally friendly no matter the cost
 SUV’s have been found to be the second largest contributor to the increase in global cO2
emissions from 2018 to 2010 an analysis found
 If the principle of utilitarianism had been applied the consequence of CO2 increasing would
have been considered and therefore attempted to prevent
 For example, the car company Honda has a goal to reduce CO2 emissions by 30% in all
vehicles, suggesting the consequences of the carbon usage of their car has been considered
Paragraph 2 – AGREE with thesis: globalisation
 For utilitarian’s, the creation of the greatest good can be understood in global terms
 The World Bank has calculated that 800 million Chinese people have been lifted out of
poverty since China began to open up its economy in 1978 – predominantly due to
globalisation
 There are also those in developed countries who have benefited from the cheap products
and services delivered by globalisation
 Most supporters of globalisation do argue its benefits in utilitarian terms: J.S Mill would
argue the good it does massively outweighs its disadvantages as the pleasure of developed
countries with cheaper products and the lifting of poverty is a higher pleasure than the
exploitation of workers
 as proved by the extremely small number of countries that decide to keep trade barriers to
block globalisation and protect their own businesses from global competition
Paragraph 3 – DISAGREE with thesis: globalisation
 Critics of globalisation argue that this utilitarianism is the self-justification of the rich
countries that want poor countries to open their markets to Western goods produced at the
lowest possible price by their own workers
 Instead of producing the greatest good for the greatest number, such critics would say that
globalisation deepens global inequalities.
 So therefore, instead we should use a Kantian approach to deal with globalisation

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