Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action?

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Utilitarianism is an ethical approach that promotes actions that result in the greatest amount of good for the greatest number of people. To determine what action will result in the greatest good, companies using this approach would need to evaluate the costs and benefits of various options. This is where tools such as cost-benefit analysis and risk assessment can be helpful in identifying the potential social benefits and costs of a business action.

Adoption of Which of the Following Ethical Approaches Is Most