Explanation:
Utilitarianism is a family of normative ethical theories that prescribe actions that maximize happiness and well-being for all affected individuals.[1][2] Although different varieties of utilitarianism admit different characterizations, the basic idea behind all of them is to in some sense maximize utility, which is often defined in terms of well-being or related concepts. For instance, Jeremy Bentham, the founder of utilitarianism, described utility as "that property in any object, whereby it tends to produce benefit, advantage, pleasure, good, or happiness...[or] to prevent the happening of mischief, pain, evil, or unhappiness to the party whose interest is considered."
Utilitarianism is a version of consequentialism, which states that the consequences of any action are the only standard of right and wrong. Unlike other forms of consequentialism, such as egoism and altruism, utilitarianism considers the interests of all humans equally. Proponents of utilitarianism have disagreed on a number of points, such as whether actions should be chosen based on their likely results (act utilitarianism), or whether agents should conform to rules that maximize utility (rule utilitarianism). There is also disagreement as to whether total (total utilitarianism), average (average utilitarianism) or minimum utility[3] should be maximized.
Though the seeds of the theory can be found in the hedonists Aristippus and Epicurus, who viewed happiness as the only good, and in the work of the medieval Indian philosopher Śāntideva, the tradition of modern utilitarianism began with Jeremy Bentham (1748-1832), and continued with such philosophers as John Stuart Mill, Henry Sidgwick, R. M. Hare, and Peter Singer. The concept has been applied towards social welfare economics, the crisis of global poverty, the ethics of raising animals for food, and the importance of avoiding existential risks to humanity.
answer
A decentrilized company business structure is one in which company executives place important decision making authority in the hands of front line and local managers versus reserving all critical decision at the top.
Because mobile banking means you are using smartphones or other devices . Online banking is <span>a method of banking in which transactions are conducted electronically via the Internet . So if you doing mobile banking people can steal your bank information</span>
- <em>The advantages of a pricing policy lies <u>in its ability to make your product appealing </u>to customers, while also covering your </em><em>costs</em>
- <em>The disadvantages of pricing strategies come into play when they are not successful, either by not sufficiently appealing to customers or by not providing you with the income you need.</em>
<em>hope</em><em> it</em><em> helps</em>
The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the <u>break-even point</u>.
<h3>What is a break-even point?</h3>
In economics, a break-even point for an investment is determined by comparing the market price of an asset to the original cost and the break even point is reached when the two prices are equal.
The formula for break-even point is determined by dividing the total fixed costs associated with the production by the revenue per individual unit, minus the variable costs per unit.
Read more about break-even point
brainly.com/question/24233845
#SPJ1
