Briefly highlight the challenges associated with utilitarian thinking.
What will be an ideal response?
If utilitarianism advises that decisions be made by comparing the consequences of alternative actions, then we must have a method for making such comparisons. In practice, however, some comparisons and measurements are very difficult. A second challenge goes directly to the core of utilitarianism. The essence of utilitarianism is its reliance on consequences. Ethical and unethical acts are determined by their consequences. In short, the end justifies the means. But this seems to deny one of the earliest ethical principles that many of us have learned: the ends do not justify the means. Utilitarian reasoning demands rigorous work to calculate all the beneficial and harmful consequences of our actions. Perhaps more important, utilitarian reasoning does not exhaust the range of ethical concerns. Consequences are only a part of the ethical landscape. Responsible ethical decision making also involves matters of duties, principles, and personal integrity.
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If a product is made to customers' orders or specifications or if products are made in separately identifiable "lots" or "batches," the appropriate cost accounting system is a
a. job order system. b. process system. c. perpetual system. d. periodic system.
Marketers must be aware of the impact of SRC and other cultural assumptions since:
A) it can have several positive effects on market planning. B) it enhances management's willingness to pursue market research. C) it can help ensure that the research effort is designed with minimal home-country bias. D) it can help ensure that the research effort is designed with minimal second-country bias. E) All of the above are correct.
A ______ is something we know is true on the basis of observation; a(n) ______ is a conclusion we draw whether it is supported by facts or not.
Fill in the blank(s) with the appropriate word(s).
Collision insurance
a. usually has a deductible. b. covers damage to a vehicle regardless of the amount. c. covers only collision with another vehicle. d. provides no coverage if the driver is negligent.