Utilitarianism

Description

An ethical theory that tells us that we can determine the ethical significance of any action by looking to the consequences of the act. It is identified with the policy of "maximizing the overall good" or, in a slightly different version, of producing " the greatest good from the greatest number."

Wikipedia Reference

http://en.wikipedia.org/wiki/Utilitarianism

Covered in Topic(s)

Philosophical Ethics and Business