Definition: Consequentialism is in ethics the principle and group of theories based on the idea that the consequences of an individual's or a firm's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct.
As a result, it might be okay to lie or act unethically in order to generate a greater happiness.
One major consequentialist theory is Utilitarianism: An action is justified if it is generating greater good for all even at any harm.


More on ethics: Bystander Effect, Value Theory, Values.


MBA Brief offers accurate and concise definitions of MBA concepts, frameworks, methods and models.

We love to keep things really short, but provide links to learn more about your subject and to similar concepts.

© 2023 MBA Brief - Last updated: 29-1-2023  -  Privacy   |   Terms