B) Going concern assumption. Therefore, observation of the rights is ethical from the non-consequentialism theory perspective. Consequentialism, as its name suggests, is simply the view that normative properties depend only on consequences. Two examples of consequentialism are . One disadvantage nonconsequentialist theories of morality have is Disadvantages: 1. morality is based on duty. Incremental profit is greater than under the other alternatives. You will remember that teleological theories focus on the goal of the ethical action. But opting out of some of these cookies may affect your browsing experience. This lesson gave you an introduction to two schools of thought that fall under normative ethics: consequentialist and non-consequentialist morality. a. private economic-based incentives b. market for managers c. market for lemons d. all of the given options are correct, One of the two alternatives below must be implemented. This paper will describes consequentialism as one type of ethical philosophy. (a) no opportunity costs (b) greater revenues than the other alternatives (c) less expensive than the other alternatives (d) greater incremental profit than the other al, Consider four mutually exclusive alternatives: A B C D Initial cost $75 $50 $15 $90 EUAB $18.8 $13.9 $4.5 $23.8 Each alternative has a 5-year useful life and no salvage value. Which of the following is not a basic assumption underlying the financial accounting structure? morality is based on duty. Consequentialism is a type of normative ethical theory which states that the moral quality of an action is completely determined by its consequences, and nothing else. Moreover, according to Consequentialism, something is moral if it has . Unclear how to resolve conflict between rules 4. moral rules in a hypothetical, semi-contractual setting. - Revenue forgone from an alternative use of an asset. Divided over which rules are best to follow and why. This cookie is set by GDPR Cookie Consent plugin. Consequentialism is an ethical theory that judges whether or not something is right by what its consequences are. Deontology claims that good consequences aren't the morally deciding factor: rather, actions themselves are good or. b. whether or not the alternatives are consis. Choose the correct option from the alternatives given: One of the downsides of consequentialist theories is that. forms of consequentialism cannot accommodate moral con-straints by using the idea of what is good-relative-to-an-agent. Consequentialism asserts that determining the greatest good for the greatest number of people (the utilitarian goal) is a matter of measuring outcome, and so decisions about what is moral should depend on the potential or realized costs and benefits of a moral belief or action. This is actually pretty prevalent in our society just look at the justice system. one disadvantage non consequentialist theories of morality have is one disadvantage non consequentialist theories of morality have is. Salvage value: A) in theory, is equal to the present value of the future cash flows of the asset. If the action is good for its own sake, it must be explained in terms of one of the other ethical theories. Whats the difference between deontology and consequentialism? Juni. 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. There are two broad categories of ethical theories concerning the source of value: consquentialist and non-consequentialist. Consequentialism and Deontology are clashing moral philosophies in the field of Ethics. 4.0. Divided over which rules are best to follow and why. Consequentialist theory judges the moral worth of an act in relation to the consequences that it brings about. Deontology may be very advantageous since it discourages exploitation, yet promotes ethical virtue and fair competition. B) should not be used to justify marginal investments. These cookies will be stored in your browser only with your consent. For the allocation of scarce resources B. C) Cost effectiveness. See the answerSee the answerSee the answerdone loading Deontological) Theories. a. D) neither A nor B. E) the right proble, The assumptions that underlie basic CVP analysis include all of the following except: Question options: the behavior of both costs and revenues is linear throughout the relevant range. Consequentialism is an ethical theory that judges whether or not something is right by what its consequences are. So we are judging the outcome, not the action itself. It states that the consequences of a person's conduct are the basis of any judgment regarding whether that conduct was right or wrong. Many approaches have been taken to this task. b. d) all of these choices are correct. helping to improve the condition of others in the areas of virtue, intelli- gence, and happiness. The phenomenon of ethics in the workplace can be approached from several theoretical standpoints. divine command theory. This theory denies both act- and rule-consequentialism, understood as holding that the right act or system of rules is the one that maximizes good consequences as determined by an impartial calculation of goods and bads. We will answer any question specifically for you for only $13.00 $11/page Learn More. Add the change in the LIFO reserve to COGS under LIF. However, it may also be toxic since prioritization of profit over people may also exist, nullifying environmental sustainability leading to mass unemployment and delinquency. b. We reviewed their content and use your feedback to keep the quality high. B) Conservatism. B: The transactional approach is conceptually identical to the capital maintenance conc, Which of the following statements is not correct about cost-volume-profit analysis? There are disagreements about what precisely gives an action, rule, or disposition its ethical force. One disadvantage non-consequentialist theories of morality have is o Ignores consequences of acts or rules. The main advantage of this method is that it finds the morally correct approach based on the outcome of happiness. Flexible prices allow self-correcting of shortages and surpluses in product markets. A non-consequentialist theory of value judges the rightness or wrongness . c. Understandability. He lived at a time of great political and social change, and he wanted to create a moral theory that treated people . What consequentialist theories of justification have in common . one disadvantage non consequentialist theories of morality have ismarinela cookies calories. On both moral and social choice theoretic definitions, nonetheless, the way in which "outcomes" or "states of affairs" are described is crucial to the distinction between "consequentialism" and "non-consequentialism". A consequentialist who follows act consequentialism, on the other hand, assess each moral . D. All of the above are, Which of the following statements concerning cost estimation models is incorrect? Get access to this video and our entire Q&A library, Consequentialist & Non-Consequentialist Views of Morality. b) Linear optimization analysis. A "moral dilemma" will occur whenever you find yourself obliged to follow two different moral rules which require mutually exclusive actions. one disadvantage non consequentialist theories of morality have is. As a result, an individual's merriment will have a significant influence on society and prove the fact that people require a meaningful existence. Whats the difference between consequentialist and non-consequelialist views of morality? Simply put, moral relativism is the view that morality is determined by social convention . d. None of these answer choices are correct. 5. (c) They are based on duties and obligations. As for every normative ethical theory, there are different variations, which due to limited space cannot be covered in the following. One disadvantage non-consequentialist theories of morality have is Ignores consequences of acts or rules. Two examples of consequentialism are utilitarianism and hedonism. a. This means actions people take are justified regardless of how they go about achieving their desired end result. b) A future cost that differs between alternatives. Points: 10/10 QUESTION #4 One disadvantage non-consequentialist theories of morality have is Your Answer: All of the Above Correct Answer: All of the Above. Thus, all moral theories can be "consequentialized." Which of the following is not demonstrated by a production possibility curve: a- Scarcity. Answer and Explanation: 1 I will not consider here the merits of such restrictions. political systems is just one particular kind of ethical issue. two are not entirely independent. 1 What is the difference between consequentialist and non-consequentialist morality? In contemporary moral philosophy, deontology is one of those kinds of normative theories regarding which choices are morally required, forbidden, or permitted. One downside or disadvantage that nonconsequentialist theories of morality have is It focuses on the cost-benefit analysis Human happiness and consequences are not taken into account Creates absolute rules with exceptions. 10. Put options give investors the right to buy a stock at a certain strike price before a specified date. Which of the following does not relate to relevance? advantages of dynamic scoping vs static scoping, are newspapers put in plastic bags by machine, Incorrectly Sorted And Forwarded To Correct Location Australia Post, How To Cook Marinated Sirloin Steak On Stove. 1. Unclear how to resolve conflict between rules 4. In other words, deontology falls within the domain of moral . February 25, 2023 . Thus, Consequentialism does not accept the concept that good intentions should be still counted even when the action brought bad instead of indented good. A B C D First cost $1000 $800 $600 $500 Uniform annual benefit 125 120 100 125 Salvage va. The ethical action is one taken from duty, that is, it is done precisely because it is our obligation to perform the action. Answer (1 of 6): For consequentialists, the right action is that which maximises the good. deontology in disguise. "do your own thing" "if it feels good do it", not concerned with consequences/certainly not with people other than those immediately involved in particular situations. Divided over which rules are best to follow and why 3. C) is the best prediction of what an asset c. Three alternatives are being considered. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Costs associated with the alternatives are listed below: What is the differential cost of Alternative B over Alternative A, including all, Which of the following are not assumptions of classical economic theory?
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