In comprehensive terms, relativism appeals to the idea that there is no absolute ethical standard independent of cultural context to act as a criterion of right and wrong, by which we may judge moral action. ... "Ethical Relativity may mean, in the first place, that moral value is relative to the subject asserting it or to the type of society in which it is commonly asserted But sometimes ethical relativity is used in another and very different sense to imply that what is right in one set of conditions may be wrong in another set of conditions, or to put it in another way, that in estimat...

• Word Count: 2598
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Again, this would be an example on how ethical egoism would have an impact on the business. ... In this case study, two actions contradict actions took place in relation to ethical theories, which are consequentialism and deontology. These two set of ethical theories are widely adopted in the business community. ... According to utilitarianism theory, in order to determine which decision is ethical or non-ethical, the decision must be made based on the greatest good outcome of the decision to everyone. ... There are also the influences of egoism and hedonism theory applied by the senior manag...

• Word Count: 2759
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

Utilitarianism John Stuart Mill is an act-utilitarian and is most likely to support an act as right if it is likely to produce the most good for the most people. On "don't kill", it would depend on the situation. If a lot of people would be happy from the killing of one person then this rule can...

• Word Count: 2842
• Approx Pages: 11
• Grade Level: Undergraduate