An Analysis of Utilitarianism in Business: Case Studies and Ethics

This essay delves into the application of utilitarianism, an ethical theory emphasizing actions that maximize overall happiness, within the context of business practices. It examines several case studies, including "The Parable of the Sadhu," Nestle's marketing of baby formula, Walmart's business model, and the Shipbreakers of Bangladesh. The analysis explores the ethical dilemmas presented by each case, evaluating the actions of the companies and individuals involved through a utilitarian lens. The essay considers the consequences of decisions on all stakeholders, including consumers, employees, and the environment, assessing whether the actions taken maximized overall well-being. The discussion highlights the complexities of applying utilitarian principles in real-world business scenarios, considering factors such as profit maximization, worker welfare, environmental impact, and consumer health. The essay provides an in-depth understanding of how ethical theories can be applied to analyze business practices and their ethical implications.