A Normative Approach to Ethical Decision Making

question 115

Multiple Choice

A normative approach to ethical decision making:

• A) reduces ethical dilemmas to easy-to-understand formulas.
• B) uses various approaches to describe guiding values for decisions.
• C) states that everyone must use their employer's value system at work.
• D) dictates only one way to choose to resolve dilemmas.
• E) none of these.

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Definitions:

Expected Value

The average outcome of a random event when considering all possible outcomes and their probabilities.

Probabilities

Measures of the likelihood or chance that a particular event will occur, expressed as a number between 0 (impossible) and 1 (certain).

Voice-Activated

Describes technology that allows devices to be controlled or operated through voice commands, typically involving a virtual assistant.

Expected Revenue

The anticipated amount of money a company expects to receive from its activities over a period, based on forecasted sales volumes and selling prices.