When confronted with an ethical dilemma it is almost impossibleto create a win-win situation that...

When confronted with an ethical dilemma it is almost impossible to create a win-win situation that satisfies the needs of all stakeholders. As a result, a manager should attempt to resolve such a dilemma by utilizing a ___________________________________ approach in order to consider the impact of their decision on those stakeholder groups affected by his/her decision.

A practical

B post-coventional

C utilitarian

D balanced

Expert Solution

The correct answer is C utilitarian approach.
Explanation: managers cannot satisfy the needs of all the stakeholders. He cannot make all the stakeholders happy by agreeing to all their demands. So in order to overcome this problem, he should use the utilitarian approach. The utilitarian approach helps in understanding the consequences of the decisions made. Using this approach will help the manager to maximize the satisfaction of his stakeholders by doing what makes everyone happy, considering that it is also in favor of a business organization and its profits.
The goals of the utilitarian approach are to do what makes the majority of the people happy. This way, the manager will not be confused and will be able to make decisions quickly.

Rahul Sunny answered 2 years ago

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