Actions That Promote Human Health and Welfare Address the ____

question 17

Multiple Choice

Actions that promote human health and welfare address the ____ dimension of the pyramid of social responsibility.

• A) philanthropic
• B) legal
• C) ethical
• D) economic
• E) social

Understand the ethical significance of assessing the effects of actions in determining their moral worth.

Associate Bentham and Mill's utilitarian ethics with the valuation of pleasure and its role in ethical decision-making.

Analyze utilitarian perspectives on public policy and punishment, focusing on the conditions under which punishment is considered justified.

Understand the concept of moral obligations being independent of personal desires.

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Definitions:

Price/Earnings

Also known as the P/E ratio, this measures a company's current share price relative to its per-share earnings.

Profit Margin

A financial metric expressing the percentage of income that remains as profit after all expenses, including taxes, are subtracted from total revenues.

Acid-Test

A financial metric that assesses a company's ability to pay its current liabilities with its quick assets (cash, marketable securities, and receivables).

Operating Segment

An operating segment is a component of a business that engages in business activities from which it may earn revenues and incur expenses, whose operating results are regularly reviewed by the entity's chief operating decision maker.