Should Juan Expand His Manufacturing Company?

Is it beneficial for Juan to expand his manufacturing company's line of plastics?

What ethical principle is Juan following in evaluating his decision?

Yes, it would be beneficial for Juan to expand his manufacturing company's line of plastics.

Juan is following the ethical principle of utilitarianism in evaluating his decision.

Juan is faced with a decision regarding expanding his manufacturing company's line of plastics. In order to determine whether this expansion is beneficial, he needs to weigh the potential outcomes and impact of his decision. By considering the ethical principle of utilitarianism, Juan is aiming to maximize happiness and benefits for the greatest number of people.

Utilitarianism is an ethical framework that focuses on the overall well-being and happiness of the majority. In this case, Juan is trying to assess whether the expansion of the company's line of plastics will bring more benefits to a larger number of individuals. This ethical principle requires Juan to carefully balance the advantages of business growth with the potential negative consequences, such as increased pollution in the local river.

When evaluating his decision, Juan should also take into account the concept of opportunity cost. This refers to the potential benefits or profits that may be lost if he chooses to prioritize environmental considerations over economic gains, or vice versa. By carefully weighing these factors, Juan can make a more informed decision that aligns with the principles of utilitarianism.

← Calculating profitability and operating income for british columbia lumber Miss muffet s demand function analysis →