Part 1: Case Related Questions
Q1: Utilitarianism Theory was the underlying principle for firing Gao Feng from the job. The theory advocates that the company’s market position will not be affected, the Chinese government and Chrysler will have same relation, the jobs of the employees will remain intact, and the wealth of the shareholders remain safe by firing him. If we compare the benefits and the cost, we can see that the cost of losing job by Feng is too small than the benefits that everyone is getting. In other words, we always look at the total cost as well as benefits associated ...