Unformatted text preview: ethical philosophy used to analyze the case. What does this tell you about the use of multiple philosophical frameworks for analyzing business cases? The utilitarian view provides the most good or does the least harm, or, to put it another way, produces the greatest balance of good over harm. With this in mind, Americhem should place its chemical factory in a developing nation (Third World Country) rather than the USA because they a) need the immediate financial gain more than the USA, and b) the citizens of the Third World Country are known to live much shorter lives than citizens of First World Countries. The market theory view Which option will produce the most good and do the least harm? (The Utilitarian Approach) Which option best respects the rights of all who have a stake? (The Rights Approach) How can my decision be implemented with the greatest care and attention to the concerns of all stakeholders?...
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- Spring '12
- Business Ethics, First World, Utilitarian view, market theory view