Fernando's Business Ethics and Corporate Governance, 3rd Edition

Chapter 2

 Conceps and Theories of Business Ethics 67

standard answer on how to reconcile a decision situation when different views are competing

with one another. Ethicists Velasquez, Cavanagh and Moberg have provided a schematic for

ethical decision making that uses the criteria of utility, rights and justice together. According

to these authorities, if an action meets all three criteria, it can be considered ethical. On the

other hand, when an action falls short of all these three criteria, it is considered unethical. They

also argue that in case an action does not meet any ‘one or two criteria, a person must consider

whether any overwhelming ...