Question

In: Accounting

Explain the meaning of teleological, deontological and utilitarianism ethical principles. Use examples to support your answer.

Explain the meaning of teleological, deontological and utilitarianism ethical principles. Use examples to support your answer.

Solutions

Expert Solution

Deontological theories, in contrast, argue that the action is, in itself, either right or wrong, regardless of the consequences. For example, stealing is inherently wrong, so even if you are starving, it would be immoral to steal a loaf of bread. Thus we have a duty to adhere to actions good in themselves.

Teleology is the process of explaining something through its function or purpose, rather than what caused it, or the thing itself. There are several aspects or “genres” of teleology, and I’ll try to explain a few:

Teleology is a common practice in ethics. Like the definition implies, using teleology in ethics means you consider and explain actions based on the end result. Some might consider stealing bad, but a teleological thinker may say, “but in the end, I’m stealing to feed my family, which is good, so the action is good.” In other words, an action’s “goodness” is based off the outcome.

Utilitarianism is an ethical theory that determines right from wrong by focusing on outcomes. It is a form of consequentialism.

Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number. It is the only moral framework that can be used to justify military force or war. It is also the most common approach to moral reasoning used in business because of the way in which it accounts for costs and benefits.

However, because we cannot predict the future, it’s difficult to know with certainty whether the consequences of our actions will be good or bad. This is one of the limitations of utilitarianism.


Related Solutions

Explain these mentioned ethical theories with advantages and disadvantages. 1.Teleological 2.Deontological 3.Justice and Fairness 4.Ontological
Explain these mentioned ethical theories with advantages and disadvantages. 1.Teleological 2.Deontological 3.Justice and Fairness 4.Ontological
7. Identify and discuss the types of ethical theories utilitarianism and deontological ethics with reference to...
7. Identify and discuss the types of ethical theories utilitarianism and deontological ethics with reference to above case.​
Explain the meaning of the term Ethics and include examples of Ethical Theories within your explanation....
Explain the meaning of the term Ethics and include examples of Ethical Theories within your explanation.
Provide detailed and comprehensive information to support your answer. Where applicable, use examples to support your...
Provide detailed and comprehensive information to support your answer. Where applicable, use examples to support your answers. 1. What would be some of the risks involved in loaning a friend money to help start a business? 2. Why are contracts useful to business owners? 3. Explain the traditional production-distribution chain. 4. Explain why "profits follow quality." 5. You may not be able to afford full-time employees for your business early on, but you can still hire quality people without having...
Provide detailed and comprehensive information to support your answer. Where applicable, use examples to support your...
Provide detailed and comprehensive information to support your answer. Where applicable, use examples to support your answers. 1. Why have so many successful entrepreneurs started out in sales? 2. Define debt and equity and explain the difference between them. Where does each appear on financial statements? 3. What is the purpose of financial ratio analysis? 4. How could the income statement potentially confuse a business owner? 5. Why would collecting all money owed within 30 days and paying bills in...
1. Briefly discuss the folowing ethical theories: Egoism, Utilitarianism, Kant and Deontology, Deontological Ethics, First Formula...
1. Briefly discuss the folowing ethical theories: Egoism, Utilitarianism, Kant and Deontology, Deontological Ethics, First Formula of the Categorical Imperative, Seond Formula of the Categorical Imperative, Virtue Ethics. 2. Which would be most applicable in addressing accounting ethical dilemmas, why?
Why is the products liability system considered imperfect? Use examples to support your answer.
Why is the products liability system considered imperfect? Use examples to support your answer.
Can anyone explain Wells Fargo's utilitarianism, deontological ethics and justice and fairness about created millions of...
Can anyone explain Wells Fargo's utilitarianism, deontological ethics and justice and fairness about created millions of Count fraudulent savings and checking accounts?  
explain how selectivity can be achieved in complexometric titrations.use examples to support your answer
explain how selectivity can be achieved in complexometric titrations.use examples to support your answer
Explain ethnocentric and polycentric orientation and show the differences between them support your answer with examples...
Explain ethnocentric and polycentric orientation and show the differences between them support your answer with examples Giving examples
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT