What is utilitarian approach in management

There are two types of utilitarians--rule utilitarians and act utilitarians--and both strive to maximize the utility of actions for the good of humankind. They only differ in the w...

There are three principles that serve as the basic axioms of utilitarianism. Pleasure or Happiness Is the Only Thing That Truly Has Intrinsic Value. ... Actions Are Right Insofar...

The Utilitarian Approach assesses an action in terms of its consequences or outcomes; i.e., the net benefits and costs to all stakeholders on an individual level. It strives to ach...