Examlex
George Ritzer coined what term for the homogenizing spread of consumerism around the world?
Profit Maximization Theory
An economic principle suggesting that companies are best served by producing goods or services at a level where marginal costs equal marginal revenues.
Kantian Theory
A philosophical doctrine based on the works of Immanuel Kant, emphasizing duty, moral law, and the categorical imperative as foundations of ethical behavior.
Justice Theory
A moral perspective on ethics that emphasizes fairness and the equitable treatment of individuals.
Profit Maximization
The process or strategy of adjusting the operation and production of a business to generate the highest possible profit.
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