Asked by Sikanderdindyal@gmail.com Dindyal on May 12, 2024

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A utilitarian and libertarianism ethics point of view is likely to see business' sole concern as profit generation rather than maximizing stakeholder interests.

Utilitarian

A moral philosophy that holds actions as right if they tend to promote happiness and wrong if they tend to produce the opposite, focusing on the outcome of the greatest good for the greatest number.

Libertarianism

A political philosophy that emphasizes individual liberty, free-market principles, and minimum government intervention in the lives of citizens.

  • Grasp the ethical considerations in business from utilitarian, libertarianism, and stakeholder perspectives.
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JK
Jacob KabelaMay 13, 2024
Final Answer :
True
Explanation :
Utilitarian and libertarianism ethics prioritize the individual's right to pursue their own interests and goals, which in the case of business, is profit generation. They may value stakeholder interests, but only to the extent that it ultimately leads to greater profits.