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Ultimate end is also expressed in the realm of policymaking in the way decisions are not guided by the moral values of those who are making them. Politicians, for instance, must sometimes use extraordinary and non-moral means to achieve certain goals because an alternative method based on ethics does not often address the realities of everyday ...
Summum bonum is a Latin expression meaning the highest or ultimate good, which was introduced by the Roman philosopher Cicero [1] [2] to denote the fundamental principle on which some system of ethics is based — that is, the aim of actions, which, if consistently pursued, will lead to the best possible life.
In philosophy and ethics, an end, or telos, is the ultimate goal in a series of steps. For example, according to Aristotle the end of everything we do is happiness. It is contrasted to a means, which is something that helps you achieve that goal. For example, money or power may be said to be a means to the end of happiness.
An example of goal types in business management: Consumer goals: this refers to supplying a product or service that the market/consumer wants [22] Product goals: this refers to supplying an outstanding value proposition compared to other products - perhaps due to factors such as quality, design, reliability and novelty [23]
The Riemann hypothesis catastrophe thought experiment provides one example of instrumental convergence. Marvin Minsky, the co-founder of MIT's AI laboratory, suggested that an artificial intelligence designed to solve the Riemann hypothesis might decide to take over all of Earth's resources to build supercomputers to help achieve its goal. [2]
Telos (/ ˈ t ɛ l ɒ s, ˈ t iː l ɒ s /; [1] Ancient Greek: τέλος, romanized: télos, lit. 'end, purpose, goal') [2] is a term used by philosopher Aristotle to refer to the final cause of a natural organ or entity, or of human art.
In economics, the profit motive is the motivation of firms that operate so as to maximize their profits.Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in ...
[1] [2] In other words, utilitarian ideas encourage actions that lead to the greatest good for the greatest number. Although different varieties of utilitarianism admit different characterizations, the basic idea that underpins them all is, in some sense, to maximize utility , which is often defined in terms of well-being or related concepts.