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Understand and explain the key elements of Utilitarianism Meaning and overall approach Main criticisms ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Understand and explain the...

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Psychology

Understand and explain the key elements of Utilitarianism

Meaning and overall approach

Main criticisms

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Understand and explain the key elements of Nozick’s theory

Entitlement theory and how it works

Original acquisition

Acquisition by transfer

Criticisms

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Understand and explain the key elements of Rawls’ theory ofJustice

Original position negotiating behind a ‘veil of ignorance’leading to conservative decision making

Two principles of his approach

Liberty

The ‘difference principle’ (maximin)

Criticisms

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Apply these theories in a business setting

Answer & Explanation Solved by verified expert
4.3 Ratings (647 Votes)
UTILITARIANISM is an ethical theory that determines right from wrong by focusing on outcomes According to Utilitarianism theory the best action is the one that maximizes utility Utilitarianism holds that the most ethical choice is the one that will produce the greatest good for the greatest number It is a form    See Answer
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