The Ethical System in Which the Development of Virtues, or Positive

question 32

Multiple Choice

The ethical system in which the development of virtues, or positive character traits such as courage, justice, and truthfulness, is the basis for morality is called ________.

• A) Absolutism decision
• B) Virtual analysis
• C) Virtue ethics
• D) Fundamentalist approach
• E) Categorical imperative

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Definitions:

Direct Labour

The amount of effort contributed by employees who work directly on manufacturing a product or delivering a service.

Factory Overhead

Indirect costs associated with manufacturing, including costs of utilities, maintenance, and factory equipment depreciation.

Variable Expenses

Costs that change in proportion to business activity or output levels, such as materials costs and utility expenses directly linked to production.

Fixed Expenses

Fixed expenses are consistent costs that do not vary with the volume of business activity, such as rent or salaries.