Barrie Has Decided to Evaluate a Decision He Made Based

question 173

Multiple Choice

Barrie has decided to evaluate a decision he made based on the ethical norm of caring.Which of the following questions does he need to ask?

• A)Does the decision optimize the satisfaction of all constituencies?
• B)Is the decision consistent with what we regard as fair?
• C)Does the decision respect the rights of the individuals involved?
• D)Is the decision consistent with people's responsibilities to each other?
• E)How much will the decision cost if it is wrong?

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Definitions:

Wealth

The total value of all financial assets and physical possessions owned by an individual, household, or nation, exceeding all its liabilities.

Opportunity Cost

The cost of foregone alternatives, the value of the best alternative given up when a decision is made to choose one option over another.

Ironing

the process of using a heated tool (iron) to remove wrinkles from fabric, typically garments, enhancing their appearance.

Suppliers

Individuals or businesses that provide goods or services to consumers, businesses, or other organizations.