Utilitarians Believe That

question 20

Multiple Choice

Utilitarians believe that:

• A) Scientific data has no connection to social policy making.
• B) When creating social policy, ethical and moral choices are more important than economic factors.
• C) It is important to be objective and not let personal circumstance influence decision making.
• D) Policies should be supported by research and social science.

Understand the importance of assessing forecasting risk in project evaluation.

Acknowledge that operational cash flow (OCF) and various break-even points affect overall project evaluation.

Understand the conceptual basis and implications of learning curves in production.

Analyze the factors that lead to different learning rates among organizations.

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Definitions:

Oil Sand

is a type of unconventional petroleum deposit, consisting of sand or sandstone impregnated with bitumen, a dense and extremely viscous form of petroleum.

Bitumen

A sticky, black, highly viscous liquid or semi-solid form of petroleum, used primarily in road construction and waterproofing.

Coal Formation

The process by which dead plant material over millions of years is transformed under heat and pressure into coal.

Heat Content

The total amount of heat energy contained in a substance or system.