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Utilitarian Ethics

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Utilitarian Ethics
In the past century, globalization has brought countries together through their economies, cultures, communication and trade, leading to an internationalization of the business process. Globalization allows companies to have better connectivity with their customers, achieve a wider market, and allows the employees to integrate personal goals with the goals of the organization. Along with internationalized business comes ethical issues in international human resource management, financial management, marketing, and production.

In human resource management, there has been a challenge to maintain employees leading to child labor in third world countries. To effect this ethical issue, companies should seek to produce their products in factories
…show more content…
Two individuals who supported Utilitarian Ethics were Jeremy Bentham and John Stuart Mill. Bentham believed that companies should go about decisions by determining "the greatest good for the greatest number" and whether situations would cause either pleasure or pain. Bentham would agree to the solutions to the ethical issues especially regarding the production and marketing of products as those directly affect consumers and employees health (pleasure and pain). When you improve these, the effect should be positive as you are trying to better the company's procedures. Mills believed that the benefits and harms of an action are based on the intensity of the pleasure or pain, often monetary benefits or costs. Mills would agree with the ways to monitor the financial management, marketing, and production procedures and disagree with the answer to fix the human resource management issue. This is because it would cause a company to spend more money to employ individuals to make the products, and there is a possibility with the increase in selling price that consumers would not buy the product, leading the company to not break even, let alone make a profit. I agree with the ways to fix these ethical issues in companies globally, as you can always improve your company and that will help you perform better with consumers and even though you may not have the expected turnaround initially, it will come in

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