The moral philosophy or ethical theory of Utilitarianism introduced by
            
 the English philosopher, Jeremy Benthem towards the end of the 18th
            
 century, is without doubt best suited for making business decisions. In
            
 this essay we will discuss what is Utilitarianism, in which way(s) do the
            
 principles of utilitarianism apply to decision making and why they are best
            
 suited for making business decisions.
            
       The principle of Utility was  first advocated by Jeremy Benthem as "Any
            
 action that promotes happiness of an individual or lessens pain is right
            
 while any action that increases pain or decreases happiness is wrong." The
            
 goal of Utilitarianism was later identified by Benthem and his follower
            
 John Stuart Mill as "providing the greatest good for the greatest numbers."
            
       The ethical theory of utilitarianism suits business decision making to
            
 the "T" because the utilitarian criteria is focused on the  outcomes' or
            
  consequences' rather than about  how' the outcomes are achieved. This
            
 means that the philosophy is results oriented. At the same time, focusing
            
 on the outcome in utilitarianism does not mean that one can achieve the
            
 objective by  hook or crook.' The proviso in the theory of seeking
            
 happiness for the greatest numbers means that adoption of unsavory
            
 practices for selfish reasons are  unethical.' At the same time, it is
            
 widely recognized that most for-profit organizations have to operate in the
            
 best interests of the stockholders, the organization itself (including its
            
 employees) and the customers. Hence, any decision taken in the interest of
            
 the "greatest number" would be the most moral decision for the organization
            
 as well as the society at large. Such decisions would also be consistent
            
 with the business's goals of efficiency, productivity, and high profits.[1]
            
       Some people may disagree with this theory on the plea that it could
            
 work against the minority interests, but ...