Utilitarianism argues that the best action is always the one that yields maximum utility. The core idea behind this theory is that the effects of actions determine whether the action is morally right or wrong. According to utilitarian’s‚ the function of morality is to increase what is good‚ for example happiness and pleasure‚ and decrease the occurrence of bad things. It follows that actions are morally right to the extent that they produce the greatest good for the greatest number. Actions are wrong
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brother was at the hindsight of my mind‚ consequences for me‚ my brother‚ and extended and nuclear family were an even more important consideration for me. Act-utilitarianism justifies what is right or wrong by the consequences of a situation; this explains why it is the main principle to use for my scenario. This traditional form of utilitarianism focuses on whether an act is morally permissible or required based on the predicted or actual consequences. Because my actual consequences were very similar
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An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as financial electronic data interchange (FEDI)‚ e-commerce payment systems have become increasingly popular due to the widespread use of the internet based shopping and banking. A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses‚ online retailers‚ bricks and clicks‚ or traditional brick and mortar. It is the equivalent
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The essential part of utilitarianism‚ whether it is Act or Rule‚ is to promote the greatest overall utility for the given situation. If we look in terms of Utilitarianism‚ one would be in favor of killing Tom to save the other four children. Even though‚ Tom would be killed‚ he would promote overall utility by saving four people through his one body. This reminds me a lot of the Trolley problem we studied in Unit five. They killed one man to save multiple. This may be considered immoral in a way
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Sarah smith 10/8/2013 Deontology and Utilitarianism There are two types of Deontology the first one is‚ one should act based on duty‚ and the second one is action should be based on the right intention and nothing else. Utilitarianism is when you have to think about the majority of the people no matter what the consequences is. It is based on maximizing happiness for everyone involved. I would favor Deontology because I think you should do your duty and only do what is right. If you have the
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4/23/2012 A Teasing Irony | Carrie Hoffman | Carrie Hoffman | The Ecology of Commerce | Carrie Hoffman | The Ecology of Commerce | A Teasing Irony‚ is chapter one of the Ecology of Commerce. This chapter talks about how the business world and regular world must work together. The author Mr. Paul Hawken writes about how we are not a utopian society. There is a negative reaction for every positive reaction. Currently we are not being resourceful‚ wasting products just to say that we could
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This paper provides an overview of e-commerce activities in the textile and apparel industries. We begin with a brief look at the current competitive landscape in the “bricks and mortar” apparel industry‚ highlighting the changes that have occurred over the past decade as retailers have adopted “lean-retailing” business models in response to increased product proliferation and shorter product life cycles. With the advent of the internet‚ apparel sales have started to move on-line. To understand
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INTRODUCTION Oriental Bank of Commerce (OBC) was started in Lahore‚ Pakistan in 19th February of the year 1943. It made a modest beginning under its Founding Father‚ Late Rai Bahadur Lala Sohan Lal. OBC is a public sector bank engaging in monetary intermediation of commercial banks‚ saving banks and discount houses. In 1947‚ the Bank had to face the holocaust of partition. The bank was nationalized on 15 April 1980. It has its headquarters in Gurgaon‚ Haryana‚ India. Its revenue stands to be Rs
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SenseAware information service unveiled by FedEx TELECOMWORLDWIRE-17 November 2009-SenseAware information service unveiled by FedEx(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com Transportation‚ e-commerce and business services provider FedEx Corp (NYSE:FDX) announced on Tuesday the introduction of SenseAware powered by FedEx‚ a next generation information service that combines a GPS sensor device and a web-based collaboration platform. According to the company‚ the solution‚ developed by the
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ICT in Business and Commerce Changing Shape of Organisations • More people are working for themselves or for small businesses • Large organisations are becoming “flatter” i.e. less hierarchical. People are working in groups rather than individually. • Knowledge workers need less supervision than factory workers because they know what to do and when. They need information rather than supervision. Using ICT to Set up a Small Business Any business needs a phone and an answering machine. For
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