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What is Theories in Business Ethics Explained about?
1) There are several theories of business ethics including deontological theory, teleological ethics, utilitarianism, Kantian ethics, egalitarianism, virtue ethics theories, social contract theories, and system development ethics theory. 2) Utilitarianism is a teleological approach that takes its cue from teleological theories and holds that the ethical action is one that produces the greatest balance of good over evil and maximizes overall happiness. However, utilitarianism faces issues such as not being
- Author
- Janu Krishnan
- Language
- EN