Which ethical decision-making approach is based on the morals of the situation?
a. Objectivity
b. Justice
c. Rights
d. Utilitarian
c. Rights
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The government policy that does not allow large banks to fail is known as
A. capital modernization. B. the too-big-to-fail policy. C. bank truncation. D. regulatory policy.
Groupthink refers to the tendency of members in highly cohesive groups to lose their critical evaluative capabilities resulting in quick decision making with little consideration of alternatives.
Answer the following statement true (T) or false (F)
Although consumers may have fairly good knowledge of the range of prices involved, very few can accurately recall specific prices of products
Indicate whether the statement is true or false
An advantage of a retailer's maintaining its own credit card system versus outsourcing it to an organization such as MasterCard is _____
a. lower bad debt loss b. economies of scale c. ease of management d. ability to be more flexible in demanding repayment