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. |
More on ethics: Bystander Effect, Value Theory, Values. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject. |
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