When it comes to ethical decision-making, there are five distinct approaches to consider. The utilitarian approach focuses on maximizing overall happiness and minimizing harm for the greatest number of people. The rights approach emphasizes individual rights and liberties, ensuring that ethical decisions respect the inherent worth of each person. The fairness or justice approach looks at equitable distribution, aiming to treat all individuals fairly and equally. The common good approach aims to benefit the entire community, emphasizing the importance of actions that contribute to the welfare of society as a whole. Lastly, the virtue approach focuses on fostering virtuous character traits and intentions, promoting ethical behavior based on personal values and integrity. These five approaches provide a comprehensive framework for considering ethical decisions from different perspectives and values.