Question

To increase profitability, top management of a national retailer needs to decide if it will close several stores. management knows that by closing the locations, it will save the company millions of dollars and benefit many stockholder groups and individuals. the benefits of closing the stores outweigh the benefits of keeping them open. keeping the stores open would be advantageous for many fewer people than closing the stores. this logic is an example of the ___ approach to deciding ethical dilemmas.

Answer 1

This is an example of the Utilitarian Approach for ethical dilemmas, which says that you should pick the thing that does the most good for the most people.