Steve Templeton,the CEO of Rolland Motor Company,is contemplating the shutdown of a plant in Kantron.The plant has been unprofitable for some time now,and there is increasing pressure from shareholders to shut it down so as narrow the loss being incurred by the shareholders.But closing the plant would be a blow to the employees as they will lose their jobs,and the local suppliers will lose a major buyer.There is also fear that the sudden closing of the plant will have an adverse effect on the community of Kantron,as the plant is one of the main sources of employment for the locals.Steve Templeton considered all these factors before making a decision on the fate of the plant.If Steve Templeton,after wagering all the factors,finds that the loss to the employees and the community is far greater than the one incurred by the shareholders,and decides to keep the plant open in Kantron,which of the following moral theory matches Steve Templeton's approach in keeping the plant open?

Question

Quizplus · Accepted Answer

Steve Templeton's decision to keep the plant open, despite it being unprofitable, because the loss to employees and the community would be greater than the loss to shareholders, aligns with utilitarianism. This moral theory emphasizes the greatest good for the greatest number, suggesting that the decision was made based on the outcome that would result in the least harm or most benefits overall.

Steve Templeton,the CEO of Rolland Motor Company,is Contemplating the Shutdown