Consequentialism is a theory that supports maximum good consequences. It states that an individual should choose only those actions that maximize good consequences, as the greater good consequences an act produces the better is that act; not only on individual level but society level as well. Non-consequentialism on the other hand, is a theory opposite to consequentialism and is supported by a German philosopher Immanuel Kant who stated that an individual should respect the consequences of an action, no matter they are bad, and should act with good will and intention. He stated that an action is tolerable only if its maxim can be applied to all, and you want that to happen.
Decision making is the most basic and important step in running an organization and every decision involves an opportunity cost. Certain moral values, popularly known as, ethics are a set of rules and norms that have to be followed by
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As the consequentialist theory implies that one should make decision after calculating its repercussions on others, this case shows that some cases cannot fit into the consequentialist theory as every decision in business cannot be monitored and its consequences predicted accurately beforehand. A non-consequentialist theory judges the rightness or wrongness of an action based on the intrinsic value, not on its consequences i.e. morality is based on duty. Consequentialisim, however is a doctrine where your action is judged on the consequence it bears. Non-consequentialism hence denies the fact that the wrongness or rightness of our conduct is determined solely by the goodness or badness of the consequences it