The concept of "the needs of the many outweigh the needs of the few" is most consistent with which ethical perspective:

A. Utility.
B. Fairness.
C. Liberty.
D. Duty.


A. Utility.

Business

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A firm without much export experience uses the rigid cost-based pricing method. Which of the following considerations is the exporter ignoring?

A) Is the price competitive in view of local market conditions? B) Does the price reflect the product's quality? C) Will authorities in export markets view the price as reasonable or exploitative? D) Does the price take antidumping laws into consideration? E) all of the above

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The life expectancy of a customer decreases exponentially as a business moves to higher levels of customer retention

Indicate whether the statement is true or false

Business

International accounting standards require companies to revalue their property, plant, and equipment to reflect fair market values

a. True b. False Indicate whether the statement is true or false

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An asset purchased after the fifteenth of the month should be depreciated for the entire month

Indicate whether the statement is true or false

Business