Cosco, the world's largest children's products company, recently developed a high chair that could be used as an infant feeding seat, a youth chair, a play chair, a booster chair, and when reclined, an infant bed. It sold for $49. Cosco rushed the chair into production before it was properly safety-tested. When some children were injured using this chair, Cosco denied culpability. The firm said that only a few consumers had trouble with the chair and these probably didn't assemble them correctly. Most consumers were very satisfied with the chair and had no problems. Cosco's actions exemplify which of the following philosophies?
A. socialism
B. communism
C. existentialism
D. moral idealism
E. utilitarianism
Answer: E
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Kevin follows group norms carefully, and as a result he improves his chances of building good relationships with coworkers
Indicate whether the statement is true or false.
When New Coke was introduced, it failed miserably in the market. After removing it from its product line, what did Coca-Cola most likely do with the capacity devoted to producing this product?
A. Shift the excess capacity to the production of other soft-drink products B. Eliminate the excess capacity by selling all New Coke facilities C. Fire all the employees involved with the production of New Coke D. Subcontract the production of New Coke to another producer E. Decrease the work week of its production line employees