Thus, Consequentialism does not accept the concept that good intentions should be still counted even when the action brought bad instead of indented good. Free shipping for many products! One example of a moral philosophy that is arguably nihilistic is moral relativism. This means a good decision produces a good result, while a bad decision produces a bad result. Which of the following would not likely be useful for addressing the variance-investigation decision under uncertainty? The most familiar example would be utilitarianism--``that action is best that produces the . Fidelity (or faithfulness): telling the truth, keeping actual and implied promises, and meeting contractual agreements. There are two broad categories of ethical theories concerning the source of value: consquentialist and non-consequentialist. is a straight line. makes the major assumption that there are no general moral rules or theories at all, but only particular actions, situations, and people about which we cannot generalize. a) A cost that cannot be changed regardless of the alternative selected. Provide a brief critique of Outsourcing assumptions in the MetaCapitalist Model, while highlighting its economic, social, political and ethical considerations. I will not consider here the merits of such restrictions. Which of the following basic accounting assumptions is threatened by the existence of severe inflation in the economy? MARR- 8% Alternative First cost Operating costs/year 50,000 100,000 Benefits/year 30,000 60,000 Dis, Which one of the following is the preferred alternative when deciding between two options? 1) Select the incorrect statement regarding relevant costs and revenues: A. Nonconsequentialism is a type of normative ethical theory that denies that the rightness or wrongness of our conduct is determined solely by the goodn . (human beings as ends rather than means), = First. b. Relevance. Moreover, the deontological approach also has the disadvantage of being too rigid. recognizing what others have done for us and extending our gratitude to them. Consequentialism or teleological ethics is based on the premise that the morality of an action is contingent with the outcome of that action. Feedback regarding previous actions may affect: A) future predictions B) implementation of the decision C) the decision model D) All of these answers are correct, Which of the following is not a method that is used to estimate variable and fixed costs? (a) alternative revenues (b) differential revenues (c) relative revenues (d) sunk revenues. a. The phenomenon of ethics in the workplace can be approached from several theoretical standpoints. C) Product cycle theory. One disadvantage non-consequentialist theories of morality have is Ignores consequences of acts or rules. Non-Consequentialist Theories do not always ignore consequences. Whats the difference between deontology and consequentialism? Nonconsequentialist theories. B. The philosophical question about consequentialism is not this: what actions Some acts are, literally speaking, somewhat right and somewhat wrong. A) Economic entity assumption. It supports non-consequentialism--the theory that both consequences and deontological considerations are morally significant in moral deliberation. Consequentialist moral theories focus on how much good can result from an action. Consequentialist theories state that the ethical decision in any circumstance is that which yields the highest net utility or net happiness. Deontology is an ethical theory that says actions are good or bad according to a clear set of rules. However, it is not always possible to predict the consequences of an action; this is a weakness of the teleological approach. If is is morel for one than anyone can do it anytime. Consequentialist ethical theory is considered to be a normative ethical theory. Consequentialism asks too much Virtue ethics. one disadvantage non consequentialist theories of morality have is one disadvantage non consequentialist theories of morality have is. One key theory is consequentialism, which says that an individual's correct moral response is related to the outcome . Costs associated with the alternatives are listed below: Alternative A Alternative B Materials costs $44,000 $59,000 Processing costs $50, Which of the following statements describes a legitimate disadvantage of cost-based pricing? a. A non-consequentialist theory of value judges the rightness or wrongness of an action based on properties intrinsic to the action, not on its consequences. The entire basis of my decision is flawed; therefore, the Our experts can answer your tough homework and study questions. Two competing firms must simultaneously make one-time decisions that will affect their daily profits, as shown in the payoff matrix shown below. A Non-Consequentialist simply claims that (non-moral) goodness or badness of the consequences is not the only thing that determines moral rightness or wrongness. There are two broad categories of ethical theories concerning the source of value: consquentialist and non-consequentialist. Therefore, observation of the rights is ethical from the non-consequentialism theory perspective. But if telling a lie would help save a person's life, consequentialism says it's the right thing to do. Consequentialist vs. non-consequentialist theories of ethics There are two broad categories of ethical theories concerning the source of value: consquentialist and non-consequentialist. Actions are to be judged solely on whether they are right and people solely on whether they are good, based on some other standard or standards of morality. Given the data for two alternatives, choose the better alternatives using the B/C ratio analysis. This paper argues that this procedure, though technically feasible, deprives . These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. (For more discussion of consequentialism, see the consequentialism section of the article Ethics.) b) A future cost that differs between alternatives. c) A past cost that differs between alternatives. When studying the problem from the consequentialist perspective, one will realize that abortion is the right of a woman to make choices concerning her own body. rule non- consequentialist. Philosophy , Volume 56 , Issue 218 , October 1981 , pp. What is an example of non-consequentialist? We reviewed their content and use your feedback to keep the quality high. What happens if my hypothesis is incorrect? There are disagreements about what precisely gives an action, rule, or disposition its ethical force. In this way, consequentialism ethics provide criteria for the moral evaluation of actions, while also recommending rules or decision-making criteria for future actions. Pleasure can be things like "sex, drugs, and rock 'n' roll," but it can also include any intrinsically valuable experience like reading a good book. What is meant by market efficiency? Show more . b) It results in costs that differ between alterna. Something is said to have instrumental value if it is good because it provides the means for acquiring something else of value. We judge actions, not intentions. nonconsequentialism denies the truth of both act and rule consequentialism, which are understood as holding that the right act or system of rules is the one that maximizes the balance of good . Show more Arts & Humanities English This question was created from Ethics Quiz 5.docx moral, not philosophical, in character; the judgment that such and such a course of action is morally unacceptable is quite plainly a moral judgment, and one with which a consistent consequentialist will simply disagree. b. Paying minimum wage while using the saved money for philanthropy, ensures Jane's personal and professional happiness, Bill and Bob for helping her harvest and growing the business, Pacific Islanders for receiving employment and community benefits, and indirectly her investors . Cognitive Psychology 24: 449 -74. Kant's theory doesn't make this mistake. (1) Moral theories must start from attractive general beliefs about morality. Flexible interest rates allow self-correcting equilibrium of savings and investing. Articles. Two examples of consequentialism are utilitarianism and hedonism. Moreover, according to Consequentialism, something is moral if it has . One could not kill another human being without violating a moral absolute because in order to do so one would have to establish a rule that would be self-contradictory: "Everyone must kill everyone else." Expected future revenues that differ among the alternatives under consideration are referred to as _______. | |Firm 1 - Option A |Firm 1 - Option B |Firm 2 - Option C| 1100, 800, Choose the correct option among the alternatives provided in the following questions: 1) How can you covert COGS under LIFO to COGS under FIFO A. It is a form of consequentialism. For instance, you might discover a co-worker embezzling from your employer, and, in a moment of weakness, promise not to expose the thief. Consequentialist theories are those that base moral judgements on the outcomes of a decision or an action. It focuses on ends or goals or consequences. That is, select the alternative that has the. no human being should be thought of or used merely as a means for someone else's end, that each human being is a unique end in himself or herself, morally speaking at least. The word deontology derives from the Greek words for duty ( deon) and science (or study) of ( logos ). Deontology may be very advantageous since it discourages exploitation, yet promotes ethical virtue and fair competition. If the action is good for its own sake, it must be explained in terms of one of the other ethical theories. Consequences do not, and in fact should not, enter into judging whether actions or people are moral or immoral. Does the end justify the means philosophy? Flexible prices allow self-correcting of shortages and surpluses in product markets. without depending on religion. Which is the philosophy that morals are determined by actions? This means actions people take are justified regardless of how they go about achieving their desired end result. Actions are to be judged solely on whether they are right and people solely on whether they are good, based on some other standard or standards of morality. a. Principles of an efficient and effective accounting information system include all of the following except ________. A) Monetary unit assumption. Ignores consequences of acts or rules 2. from chapter 8. 4.0. Consequentialism and Constraints Consequentialist theories have two elements. Consequentialism. Thus, in order to make correct moral choices, we have to have some understanding of what will result from our choices. Compare consequentialist and non-consequentialist theories outlining an advantage and disadvantage of each in the context of ethics at the workplace. She has witnessed Johnnie starting a fight with Consequentialism is the class of normative ethics considering that the consequences of one's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct. The Advantages of Deontological Theories. The world itself is a mouthful, but it represents a belief and moral system that has been around since the 19th century. Killing, then, is immoral, and one should not kill. What does the efficient-markets hypothesis imply about the value of accounting information? Costs associated with the alternatives are listed below: Alternative A Alternative B Materials costs $31,000 $70,000 Procesing costs $37, Decision analysis tools are used to assist in choosing among alternative actions for the following reasons (choose all that apply): A. Unclear how to resolve conflict between rules 4. This cookie is set by GDPR Cookie Consent plugin. One common non-consequentialist theory is deontological ethics, or deontology. Perhaps the most salient relation Consequentialist-type ethical theories have in regards to AMAs is the inherently algorithmic nature of Consequentialism. The disadvantage of this theory is that different people have different views concerning what is right or wrong because various factors like values, culture, religion, traditions among others, have a significant influence on their decision making. A non-conequentialist is a general normative theory of mortality by which the sytem . Consequentialism and Deontology are clashing moral philosophies in the field of Ethics. Costs associated with the alternatives are listed below : Alternative A ; Alternative B ; Materials Costs ; $41,000 ; $53,000 ; Processing, In the classical decision-making model, optimization means: A. implementing two or more alternatives simultaneously.