Which ethical approach judges an action mainly by its consequences for overall welfare?
Correct answer: B. Utilitarianism
- A. Virtue ethics
- B. Utilitarianism
- C. Rights-based ethics
- D. Deontological ethics
Explanation
Utilitarianism evaluates conduct by its results and seeks the greatest overall benefit. Deontological ethics instead focuses mainly on duties or rules, regardless of the outcome.
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About Business Ethics and Corporate Governance
Business ethics applies principles such as honesty, fairness, responsibility and transparency to decisions involving employees, customers, investors, competitors and society. Corporate governance covers the board of directors, accountability, disclosure, internal controls, stakeholder interests, agency conflicts, corporate social responsibility, codes of conduct and whistleblowing.
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