As Per the ________ Model of Ethics, an Ethical Decision

question 43

Multiple Choice

As per the ________ model of ethics, an ethical decision is one that produces the greatest good for the greatest number of people.

• A) mutual association
• B) utilitarian
• C) justice
• D) moral rights

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Definitions:

Profit-Sharing Plans

A type of incentive plan that gives employees a share in the company’s profits based on its quarterly or annual earnings, promoting a sense of ownership and participation.

Merit-Pay Plans

Pay-for-performance plans where employees receive salary increases or bonuses based on their performance evaluations.

Goal-Sharing Plans

Compensation strategies designed to incentivize employees by sharing financial benefits when specific organizational goals are achieved.

Attendance Incentives

Programs or rewards designed to encourage and increase employee attendance and punctuality.