Which ethical framework is described as ethics that prioritizes society or the consumer over everything else?

Which ethical framework is described as ethics that prioritizes society or the consumer over everything else?

• A. Utilitarianism
• B. Deontology
• C. Relativism
• D. Ethical Egoism

Answer: (D)

The main idea being tested is choosing an ethics framework that evaluates actions by their overall impact on others, especially society or consumers. This description points to utilitarianism, which judges what is right by the consequences and aims to maximize the greatest good for the greatest number. In other words, decisions are weighed by how much welfare they produce for the broader group, not by adherence to rules or to one’s own interests. Deontology would focus on duties and rules regardless of outcomes. Relativism bases ethics on cultural norms and varies by context. Ethical egoism centers on pursuing one’s own self-interest. In financial planning, utilitarian thinking supports actions that improve client welfare and societal trust, even if that approach might contrast with other motives like personal gain.

The main idea being tested is choosing an ethics framework that evaluates actions by their overall impact on others, especially society or consumers. This description points to utilitarianism, which judges what is right by the consequences and aims to maximize the greatest good for the greatest number. In other words, decisions are weighed by how much welfare they produce for the broader group, not by adherence to rules or to one’s own interests.

Deontology would focus on duties and rules regardless of outcomes. Relativism bases ethics on cultural norms and varies by context. Ethical egoism centers on pursuing one’s own self-interest. In financial planning, utilitarian thinking supports actions that improve client welfare and societal trust, even if that approach might contrast with other motives like personal gain.