acc_400_week_3_learning_team_assig...

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acc_400_week_3_learning_team_assig...

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ACC 375 Week 1 DQsDQ1: Explain the concept of utility under the utilitarianism theory. How can a business achieve a level of utility?Utility is referred to as happiness when using the utilitarianism theory. The action that produces the most happiness or satisfaction for all parties involved is the utilitarianism theory. This does not mean necessarily the most people happy. For example in two groups; one group everyone is mildly happy and the second group half are extremely happy and half are not, the only way to determine the utility is to measure the two happiness and find out which is higher. A business can achieve the level of utility by keeping the most people affected by the company happy. To reach this goal it must offer services to customers and employees to keep them happy at a higher percentage than the unhappy customers or employees. An example of this would be offering a pa

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