_____ Is a Philosophy That Focuses on the Consequences of an Action

question 89

Multiple Choice

_____ is a philosophy that focuses on the consequences of an action to determine whether it is right or wrong.This philosophy holds that an action that affects the majority adversely is morally wrong.

• A)Distributive justice
• B)Preconventional morality
• C)Social responsibility
• D)Utilitarianism
• E)Consumerism

---

Definitions:

Non-diversifiable Risk

The portion of an investment's risk that cannot be eliminated through diversification, related to factors affecting the entire market.

Unsystematic Risk

A type of risk that affects a small number of assets, often referred to as "specific risk," and is related to issues like management performance or consumer preferences.

Marketplace

A venue for buying and selling goods, services, or financial instruments, which can be physical or virtual.

Systematic Risk

The risk inherent to the entire market or market segment, also known as market risk or un-diversifiable risk, which cannot be mitigated through portfolio diversification.