Cody Makes a Business Decision Based on Financial Outcomes First

question 66

Multiple Choice

Cody makes a business decision based on financial outcomes first, and then attempts to argue that it is ethical as well when it may not be. Cody is

• A) rationalizing his decision.
• B) questioning his decision.
• C) using the utilitarian approach.
• D) using the stakeholder approach.

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Definitions:

Strike Price

The price at which the contract holder can buy or sell the underlying asset in an options contract.

Beta

A parameter that measures the degree of variability or systematic risk of a security or a portfolio in relation to the market at large.

S&P 500 Futures

Financial contracts speculating on the future value of the S&P 500 Index.

Risk-Free Rate

The estimated yield from an investment that carries no risk, often illustrated by government bond yields.