In a Business Where Egoism Is the Predominant Ethical Theory

question 64

Multiple Choice

In a business where egoism is the predominant ethical theory, which employee would receive a scarce resource when there is competition over that scarce resource?

• A) the one who needs it the most
• B) the more politically powerful employee
• C) all competing employees through equal distribution
• D) the employee who makes a better argument to management

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Definitions:

Interest Rates

represent the cost of borrowing money or the return on savings, playing a crucial role in influencing economic activity and financial decisions.

Planned Investment

The expenditure by businesses on capital goods that are intended to increase their productive capacity in the future.

Real Gross Domestic Product

The evaluation of a nation's economic output after adjusting for any price variations, including inflation or deflation, to reveal the genuine quantity of produced goods and services.

Money Supply

The sum of all available money in an economy at a given moment, encompassing cash, coins, and bank account balances.