Aristotle's Concept of a Just Balance Between Personal Interests and Communal

question 49

Multiple Choice

Aristotle's concept of a just balance between personal interests and communal concerns is called the

• A)tipping point
• B)equitable equilibrium
• C)golden mean
• D)just solution
• E)cost/benefit solution

---

Definitions:

Ethical Misconduct

Behavior that violates ethical standards, including actions that are illegal or morally unacceptable to the wider community.

Gray Areas

Situations or subjects that are not clear or are open to interpretation because of a lack of rules, regulations, or definite answers.

Ethical And Socially Responsible

Being ethical and socially responsible involves acting in ways that benefit society and the environment, beyond what is required by law, in conducting business.

Stakeholder Orientation

An approach in business that prioritizes recognizing, understanding, and addressing the needs and concerns of all parties with an interest in the organization.