The Best Way to Find Some Answers to Difficult Moral

question 25

Multiple Choice

The best way to find some answers to difficult moral questions in engineering design and project evaluation is

• A)to ask your friends.
• B)to consult professional engineering associations.
• C)to search the web.
• D)to read newspapers.
• E)to read professional textbooks.

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Definitions:

Contracting Out

The practice of hiring external organizations or individuals to perform services or create goods that were previously done in-house.

Principal Agent Problem

A dilemma in economics and organizational theory where one party (the agent) is supposed to act in the best interest of another party (the principal) but might act in their own interest instead.

Shirking

Working at less than the expected rate of productivity, which reduces output. Shirking is more likely when workers are not monitored, so that the cost of lower output falls on others.

Corporate Business Structure

Corporate business structure refers to the legal organization of a company, often characterized by the issuance of shares, a board of directors, and liability protection for its shareholders.