Consequence-ethics-consists of group of ethical theories

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"Consequence-Based Ethics- Consists of a group of ethical theories that place central importance on the consequences of an action, all of which maintain that an action is morally right only when its positive outcomes are maximized, and its negative effects are mitigated (e.g. utilitarianism, egoism).

An alternate definition of Utilitarian Ethics: One should determine the ethical significance of an act by studying its consequences. One should maximize the overall good (utility) or seek the greatest good for the greatest number of people and the least harm to the fewest people."

Regarding one of the Ethical Theories, Consequence-Based Ethics a.k.a Utilitarianism ethics, how could you apply the theory into business ethics of a company in beauty industry? i.e : Loreal, Estée Lauder and etc..

Reference no: EM132299917

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