The CEO of Ridgeway, Inc

question 23

Multiple Choice

The CEO of Ridgeway, Inc., realizes that the company's survival depends on developing and acquiring knowledge.Which of the following actions by the CEO would be MOST consistent with this need?

• A) Ensuring that all current, unique knowledge of the firm is protected by patents
• B) Planning extensive employee training and hiring educated and experienced employees
• C) Investing in sophisticated databases in relevant knowledge areas
• D) Establishing a system of organizational intelligence gathering

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Definitions:

Utility

In economics and philosophy, the measure of satisfaction or benefit that an individual receives from a choice or action; in utilitarianism, it's the overall happiness or good produced.

Double Effect

An ethical principle that allows actions which have two effects: one intended and good, and the other unintended and potentially harmful, under certain conditions.

Pleasure

A feeling of happy satisfaction and enjoyment.

Autonomy

The capacity of a rational individual to make an informed, uncoerced decision, often considered a fundamental ethical principle in healthcare.