The Principle of Need Is an Extension of Which Principle

question 2

Multiple Choice

The principle of need is an extension of which principle?

• A) The principle of nonmaleficence
• B) The principle of beneficence
• C) The principle of equal distribution
• D) The difference principle

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Definitions:

Competitive Advantage

The attributes or conditions that allow a company or country to produce a good or service at a lower price or in a more desirable fashion for customers than competitors.

Innovative

The quality of being able to create new ideas, products, or methods; characterized by originality and the ability to solve problems or address needs in novel ways.

Market-Leading

A Market-Leading company is one that holds a dominant position in its industry or sector, characterized by the highest market share, strong brand recognition, and a significant influence over market trends.

Family Leadership

The role of guiding and influencing a family, managing its relationships and assets, often in the context of a family business.