Ethical wrong is done either by intending to deceive consumers in order to manipulate their buying behavior, treating them as a mere means to one's own ends (the Kantian approach) or by the harmful consequences for consumers, competitors and overall market efficiency (the utilitarian approach) but not by both.

Question

Quizplus · Accepted Answer

Both the Kantian approach, which focuses on the intention behind actions, and the utilitarian approach, which considers the consequences of actions, can identify ethical wrongs in business practices. They are not mutually exclusive but rather offer complementary perspectives on ethical issues.

Ethical Wrong Is Done Either by Intending to Deceive Consumers