Question

In your experience how you apply utilitarianism in your life whether it may be business or not.​

Answer 1

Answer:

Perhaps the greatest difficulty with utilitarianism is that it fails to take into account considerations of justice. We can imagine instances where a certain course of action would produce great benefits for society, but they would be clearly unjust.Utilitarianism provides a guiding framework of decision making rooted in social benefit which helps direct business toward more ethical behavior. It is the basis for much of our discussion regarding the failures of Enron, Worldcom, and even the subprime mess and Wall Street Meltdown.For example, by selling quality and safe products, a business will be increasing its intrinsic value while meeting the needs of their customers at the same time. Back to the concepts of pain and suffering; the ethical position of utilitarianism is that human beings should be happier and have less suffering.