In general, the paper 'Ethics, Social Responsibility and Sustainable Development" is a great example of management coursework. The decision-making process is an integral part of any organization. The processes of decision making are based on various concepts including utilitarianism and moral rights conduct. Moral rights conduct entails an act as ethical in its own view while utilitarianism entails an act as moral based on the results it produces. In the context of decision making in an organization, the moral rights conduct is deemed appropriate as it helps in shaping and bringing out positive long term results to both the organization and its people.
Consequently, corporate social responsibility is critical in sustainable development. Introduction Every entity has the responsibility to act or make decisions that will benefit society in general. This duty involves performing actions that will advance social goals or shunning away from harmful behaviors. Currently, many business owners are faced with complex ethical dilemmas, such as whether to lay off workers to increase profits, or to reduce products’ quality in order to meet deadlines. It is important for entities to consider ethical behavior in order to make ethical decisions and ensure sustainable development.
There are various approaches that can be used in order to make ethical decisions such as moral rights and utilitarianism. This essay will focus on ethics paying special attention to moral rights approach and utilitarianism to ethical decision making; and sustainable development. Comparison and Contrast between utilitarian and moral rights approach in decision making Utilitarian approach The utilitarian approach to ethical reasoning emphasizes on taking the action that is deemed to result in the highest good to the largest number of people.
It focuses on the utility that can be produced by a certain decision or action. For instance, let’ s say an organization wants to relocate its production facilities from one nation to another. Questions may arise as to the degree of good and harm expected from such a decision. If the degree of good surpasses the degree of harm, then the utilitarian yardstick deems such a decision as an ethical one. This approach deals with the repercussions; it tries to amplify the good done and to lessen the degree of harm (Raiborn & Dinah, 1990).
The utilitarian approach also covers the cost-benefit analysis. This means that, while making a decision, the costs and benefits are compared. In most cases, the costs and benefits are measured in social, economic, emotional or human terms. After comparing these costs with the outcomes of the action, and if the benefits exceed the costs, then the decision or action can be termed as ethical. In this approach, it is the ends/consequences that determine the ethics of an act but not the action itself or the actor’ s intent. Moral rights approach The moral rights approach to decision making concerns itself with moral standards regardless of the repercussions.
Under this approach, some decisions or actions are considered to be either right or wrong. For instance, if a company wants to remain competitive in the market and retain its market share by paying low wages to the employees if paying these low wages is depraved, then the company’ s desire to such competition and retain its market share is not a satisfactory justification. Under the moral approach, the company should close down the business if it can not operate by paying its employees better wages in spite of the competitor's actions.
The company’ s decision to pay low wages is considered unethical. In the moral rights approach, it is the action that determines the morality of an action but not the ends or results of an act (Trevino & Michael, 2004).