Richard Is Trying to Figure Out How Many of His

question 134

Multiple Choice

Richard is trying to figure out how many of his product his new business could reasonably expect to sell in its first year. Richard is working on the:

• A) production schedule.
• B) marketing researchq
• C) inventory policy.
• D) sales forecast.

---

Definitions:

Kantian Theory

A moral philosophy asserting that decisions should be based on whether the action would be acceptable as a universal law and respecting individuals as ends in themselves.

Deontological Theory

A moral philosophy where the morality of an action is based on its adherence to rules or duties, rather than the consequences of the action.

Utilitarian Theory

A normative ethical theory that suggests that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.

Deontological Theory

An ethical framework that judges the morality of an action based on its adherence to a set of rules, rather than the consequences of the action.