This essay provides an overview of ethical theories, focusing on utilitarianism, egoism, deontology, and virtue ethics. It explains utilitarianism as a consequentialist theory that seeks to maximize good for the greatest number, contrasting it with egoism, which prioritizes self-interest. The essay also delves into deontology, which emphasizes the rightness or wrongness of actions themselves, and virtue ethics, which centers on developing a virtuous character. It highlights the importance of trust in business ethics and discusses how these theories can be applied to solve ethical dilemmas, particularly emphasizing utilitarianism's focus on the overall public good. Desklib offers more resources for students to explore these concepts further with solved assignments.