An ethical theory that urges managers to take those actions that provide the greatest pleasure after having subtracted the pain or harm associated with the action in question is called ________.

A) Deontology
B) Utilitarianism
C) Kantian ethics
D) Absolutism
E) Ethical relativism

Utilitarianism is the ethical theory that focuses on outcomes and consequences, specifically aiming to maximize pleasure or happiness and minimize pain or harm. This approach evaluates the moral worth of an action based on its overall utility in providing the greatest happiness to the greatest number of people.