Which of the Following Moral Principles in Ethical Decision Making

question 9

Multiple Choice

Which of the following moral principles in ethical decision making is about promoting the good of society?

• A) Autonomy
• B) Beneficence
• C) Nonmaleficence
• D) Justice

Evaluate the effects of socialization on ethical behavior, creativity, and uniform behavior within organizations.

Understand the concept of economies and diseconomies of scale and their implications for production and firm size.

Recognize the characteristics and examples of natural monopolies and their market implications.

Comprehend the relationship between plant sizes, output ranges, and cost-efficiency in long-run production decisions.

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Definitions:

Abilities

The inherent physical or mental capacities individuals possess, which can vary widely and impact performance in various tasks or occupations.

CEO

Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.

New Product

A good or service that has recently been introduced to the market and was not available to consumers before.

Over-optimism

The tendency to overestimate the likelihood of positive outcomes in various situations, often affecting judgment and decision-making.