Why is business ethics a utilitarian action in the real world?
Within the recent decade there has been a rise in awareness of global warming and ethical business practices within the general public and consumers. Just like human beings businesses are held liable and accountable for their practices. In the recent decade there has being a rise in their using these ethical standards as a means to create an image in consumers minds that their business practices are ethical. Most consumers are easily convinced to buy products or services through advertising schemes and some of these that companies practice are advertising their ethical practices in order to convince consumers that their companies are in fact very ethical even though this may not be the case for real. Ethics and business practice to maximize profits cannot go hand in hand and only in certain cases can be actually viable. Moreover, the majority of consumers will not buy products or services based on the company's ethical practices, but rather if they will maximize their utility from the good or service in question. Only those that can afford to be selective in their choices of consumer goods or services they purchase based on ethical practices will actually be affected by the ethical practices of a company. Therefore, although having ethical business standards as the set norm would actually benefit the public in terms of the greater good of the world, it is not economically viable in most cases or actually the truth behind the reason they are practiced.
In addition, small businesses cannot actually afford to be ethically right in their practices. Most of these businesses do not have the capital in order to be ethically right or promote such actions within their organizations; they have a h ...