The theories include teleological, consequential and deontological approaches. .
Ethical Theories .
The teleological approach argues that the rightness of an action depends on the external goal or purpose (Messerly, 1995). Therefore, the teleological overlooks the consequences as they only play a small role but focuses on the overall goal or purpose of the decision. According to the theory, it doesn't matter much if the consequences are negative as long as the goal is positive. In this case, I would recommend Henry as the next CEO because the work he has performed in Miami gives him the credentials required to occupy the CEO position. Since he has transformed the Miami branch quite positively, he has the same capacity to transform the entire organization and also generate more profits for the company. Henry is also well conversant with the organization's mission and visions hence it will be much easier for him to formulate strategies that will ensure that the mission and visions are achieved. .
The other approach is the consequential theory. As the name suggests, this theory considers the consequences of an action to be the baseline for moral value. The theory argues that if the action leads to positive consequences, then it is morally correct but if the action leads to negative consequences then it's morally incorrect (Josephson, 2002). Consequences can be good, neutral or evil and every action has its own consequences. Consequences can also be distinguished by direct/indirect, individuals or objects affected and influence of complicating factors. The impact of an action can affect people directly or indirectly and may also affect people, objects or both people and objects (Messerly, 1995).
Therefore, before a decision is made, the consequences must be considered. If the consequences affect people positively, then it shall be considered okay but if it affects people negatively, then it shall be considered not right.
