Business Notes

Businesses Moral Responsibility Darryl A. Young April 18, 2008 Philosophy GEPI 140 One of the most all-important(a) questions in exclusively businesses is, whether businesses have any deterrent example responsibilities at all beyond simply earning as much of a profit as possible for their owners? If you look at it from the business point of conceive they are still credit outlayy for making a profit. The troupe is an agent of the shareholders and is responsible only to them, and only for making a profit. Looking at it from the consumer point of view the smart set is responsible to everyone who has a stake in the operations of that business, that is, everyone who is affected. This includes shareholders only if besides employees, consumers, suppliers, and the surrounding community. I feel that answer to that question is yes, businesses do have moral responsibilities beyond the company making a profit. I believe that a company has to be moral beyond its standards because it is obliged by utilitarianism. Utilitarianism can be define as an ethical theory that is based upon the moral worth of an action, which is primarily determined by its contribution to overall public utility company in maximizing happiness or pleasure as a whole among all people.

The adequacy of utilitarianism can fly the coop a huge role in a companys morals because it can be seen as the only intrinsically valu equal to(p) end. Companies have to make many important decisions that may affect a great deal of people, but when these decisions are made whether by a ceo, executive tabular array of directors, or middle management all aspects of the outcome should be taken into deliberation. A group of people come together and form a company so that they are able to accomplish something collectively that they cannot accomplish separately. If companies can produce goods and operate more efficiently than the individual then it is not preposterous to say that they should have standards of morality and ethics above those of the individual. embodied standards of ethics...

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