Vision of an Ethical Business-(answering the question-what is an Term Paper

batch of an Ethical Business-(answering the question-what is an ethical business) - Term Paper Examplehe controversies regarding the moral responsibilities and ethical considerations in the conclusion making process are the inherent ch everyenges that must be understood in the wider perspectives of business reverie and mission. The paper would thus, be discussing the most crucial aspects of an ethical business.Consequentialist ethics is be as the acts or sort that is determined by the consequences of that act or behavior which generally must be beneficial in content. The pattern of utility states that an action is right if it produces the greatest balance of pleasure or happiness and gloominess in light of alternative actions (reading 1, p 3). Popularized as act utilitarian theory, the actions, that are designed to gather or have beneficial cascading effects on others, are morally and ethically right.Benthams theory is outstanding because it promotes morally correct ethical actions that are designed to maximize happiness for maximum people. According to strike Utilitarian of Jeremy Bentham, an action that results in the happiness of one and all is a good act. Bentham and other utilitarians uniform Mills found it a revolutionary theory because it reflected human motivation and it had dear application to policy-making and social problems of their condemnation (Reading 1, p 4). In the contemporary times, it becomes highly difficult because of the diverse ideologies and differing value strategy to satisfy large populace. Indeed, it is one of the crucial compulsions of the globalization that people should strive towards common goals of universal values.Emmanuel Kant believed that the principle of categorical imperative can govern all human beings and can be broadly defined as Rules of Universality and Rules of Respect (Reading 1, p 7). The first one makes says that people at all time must act appropriately and the second rules promotes the value of res pect and says that well being al all individuals is important and therefore, one should not use others