Which of the Following Principles Would Most Likely Be Favored

question 128

Multiple Choice

Which of the following principles would most likely be favored by J. K. Rowling, the author of the Harry Potter book series and one of the richest persons in the world?

• A) John Rawls's maximin principle
• B) utilitarianism
• C) Robert Nozick's entitlement theory of justice
• D) efficiency theory

Comprehend the concept of adaptive organisations and their benefits.

Understand the importance of a clear division of labor, hierarchy of authority, and formal rules in organisational design.

Acknowledge the role of organisational design in aligning resources with the mission and objectives of the organisation.

Discern the relationship between organisational design, human resources, and the success of the organisation.

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Definitions:

Desired Rate of Return

The minimum rate of return on an investment that an investor considers acceptable, given its risk and alternative options.

Present Value Index

A ratio used to evaluate the relative profitability of an investment or project by comparing the present value of cash inflows to the present value of cash outflows.

Interest

The charge for borrowing money, typically expressed as an annual percentage rate, or the income earned from lending funds.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.