what must i
do.........
- i have to pick any topic in business ethics that i like
- make a question of that topic i choose
- answer that question
utilitarianism
1) what are utilitarianism
2) types of utilitarianism
Utilitarianism is a normative ethical theory.It is the most well-known and prevalent forms of consequential. Consequentialism is an umbrella term for a range of moral theories that state the rightness or wrongness of an action should be based solely on the results produced by that action.There have been many different forms of theory of consequentialist nature throughout history. When modern utilitarisnism's most influential exponent, Jeremy Bentham, set out his moral theory in 1789, it was not an unfamiliar concept.

The hedonic version of utilitarianism is frequently caricatured. It would seem to encourage us to become a "mad assembly of pleasure hogs constantly out for a buzz" (goodin's words). But Goodin counters this by saying Bentham's theory was simply premised on the factual accuracy of the hedonic psychology.
For example, on the assumption that it was empirically true that people acted so as to obtain pleasure. This can easily be corrected with a more accurate and sophisticated psychology. This bring us to the second variant: preference utilitarianism. This replaces the pictures of human beings as short-term pleasure hogs, with the picture of human beings as longer-them preference-satisficers. Actually, "replace" is not a good word because hedonic utilitarianism is really subsumed within preference utilitarianism: short term pleasures are a subset of preferences.

A problem for both of these versions of utilitarianism is that they are egalitarian in their treatment of pleasures or preferences. In other word, the goal is simply one of maximisation, the quality of what it being maximised is irrelvant. The sadist and the saint all count for the same or, in Bentham's famous words, "pushpin [a child's game] is as good as poetry".
This seemed unpalatable to some ( John Stuart Mill and G. E. Moore ), so much so that they tried to introduce some qualitative distinctions between pleasures or preferences. A certain weighting could then be given to the superior of higher pleasures or preferences.
Goodin thinks there is a more convincing answer to this worry : welfare utilitarianism. This variant does not focus on subjective pleasures or preferences. Instead, it focuses on objective welfare interests. For example, life expectancy. access to education, employment, health, access to housing and so on.