What Do We Call the General Rules of Conduct Reflecting

question 30

Multiple Choice

What do we call the general rules of conduct reflecting standards of behaviour within a society?

• A) administrative rules
• B) personal standards
• C) social norms
• D) societal taboos

Recognize ethical universalism and its application across cultures.

Articulate the significance of core values such as human dignity and basic rights in transcultural ethics.

Distinguish between different ethical dilemmas involving organizational resources, conflicts of interest, and customer confidence.

Grasp Kohlberg's stages of moral development and their application to ethical decision-making.

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Definitions:

Utility Function

An expression used in economics to quantify the happiness or satisfaction gained from consuming a set of goods or services.

Consumption Bundle

A combination of different goods and services that a consumer chooses to purchase at a given time.

Quasilinear Preferences

Preferences represented by utility functions where the marginal utility of consumption is constant irrespective of other goods consumed.

Indifference Curves

Graphical representations of different combinations of goods or services among which a consumer is indifferent, showing no preference for one combination over another.