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 provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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