Needs Are Generally Viewed as _____ Sources of Motivation, While

question 12

Multiple Choice

Needs are generally viewed as _____ sources of motivation, while goals emphasize _____ sources of motivation.

• A) internal; external
• B) external; internal
• C) mechanistic; cognitive
• D) problematic; innate

Understand the basic principles of utilitarianism and its focus on maximizing happiness or well-being.

Identify the key figures in the development of utilitarianism and their contributions.

Distinguish between the concepts of pleasure and happiness in the context of utilitarian ethics.

Explain the role of the hedonistic calculus in evaluating actions according to utilitarian theory.

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Definitions:

Olive Trees

Perennial plants known for their fruit and oil, significant in culinary, cosmetic, and health products, with cultural and economic importance in many regions.

Market Making

A financial service activity where a firm quotes both buy and sell prices for financial instruments, facilitating liquidity and trading activity in the market.

Transaction Costs

Expenses incurred when buying or selling goods or services, which may include fees, taxes, or other costs beyond the price of the product itself.

Wealth

The total value of all financial assets and tangible possessions owned by an individual or entity after deducting liabilities.