Chapter 3

The way to use the principle in practice is for (according to egosim)

• The moral decision maker to consider the consequences that the action in quesyion will have on himself.

• The ethical decision maker to consider the consequences that the action in quesyion will have on himself.

• The moral decision maker to consider the outcomes that the action in quesyion will have on himself.

The morally right action is (according to egosim)
This is clearly an extreme view of ethics.

• The action produces the most good or the fewest evil consequences for him.

• The action produces the less good or the most evil consequences for him.

The 2 philosophers of the egoism in bussiness

• Aristotle

• The Ancient greek philosopher Plato.

• Pablo escobar

• Adam Smith (1723-90)

An action is morally right if the decision-maker freely decides to pursue either their
(Egoism in Business)

• (Short-term)
  Interest

• (Short-term)
  Desires

• (Long-term)
  Interest

• (Long-term)
  Desires

The suitable strategy to achieve a good life is to follow his own desire or interest.
(Egoism theory)

• False

• True

Adam smith (1723) argued that in economic system
This search of individual self-interest was acceptable?

• Because it produced a morally desirable outcome for society through the invisible hand of the marketplace.

• Because it produced a morally undesirable outcome for society through the invisible hand of the marketplace.

• Because it produced unethical outcome in society

Smith's arguement as saying

• That one is likely to find a moral outcome as the end.

• Product of a system based on not free competition.

• That one is unlikely to find a moral outcome as the end.

• Product of a system based on free competition.

Utilitarianim is the ethical egoism in terms that they define the right in terms of the good.

• True

• False

The differences from ethical egoism and utilitarianism is in the scope of how to consider when calculating consequences.

• True

• False

Utilrianism philosphers are

• Jeremy benthan
  (1748-1832)

• Aristolte

• John stuart Mill
  (1806-1873)

• Costrats