One of the Cautions of Utilitarianism Is That There May

question 56

True/False

One of the cautions of utilitarianism is that there may be unanticipated consequences.

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Definitions:

Intangible Costs

Costs associated with non-physical assets such as reputation, time, and intellectual property that are not easily quantifiable.

Tangible Costs

Direct expenses that a company can easily measure and account for, such as raw materials, labor, and overhead costs.

Location Decisions

The process of choosing geographical locations for business operations, factoring in costs, convenience, logistics, and strategic objectives.

Location Decision

The process of determining the best place for a business to operate in terms of costs, resources availability, logistics, and market accessibility.