Create best possible win-win situation


Problem:

"Drug use is information that is rightfully private and only in exceptional cases can an employer claim a right to know about such use." Defend or oppose this statement.

How is your response to this consistent with the moral philosophy described below; and if it is not consistent with that philosophy, explain why it is not.

The moral philosophy best suited for business decision making is Utilitarianism.

Principle of Utilitarianism focuses on an act that produces the greatest ratio of good to evil for everyone. Therefore, it acts as a suitable guide to business people in a situation of ethical dilemma. By using this theory, managers involved in business decision making chose the course of action which provides a win-win situation for everybody with maximum benefits and minimum loses. Utilitarianism in a way does a cost benefit analysis of each situation and help in choosing a course of action which provides least harm as compared to other alternatives.

Since it is of high important in today's competitive business environment to make all the stakeholders of the organization happy and satisfied, utilitarianism as a moral philosophy aims to create best possible win-win situation for everybody in the organization.

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Business Law and Ethics: Create best possible win-win situation
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