Examlex
Match each term with its correct definition.
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Utilitarian Theory
A normative ethical theory that suggests that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
Deontological Theory
An ethical framework that judges the morality of an action based on its adherence to a set of rules, rather than the consequences of the action.
Profit Maximization Theory
An economic principle suggesting that the goal of a business is to increase net income by managing revenue and costs.
Rights Theory
A framework in ethical philosophy that focuses on the rights belonging to individuals, emphasizing the importance of respecting these rights in societal and personal interactions.
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