Examlex
Describe systems and isolated systems. Provide examples.
Ethical Considerations
The process of evaluating decisions and actions based on moral values and principles.
Profit Maximization
A strategic goal of businesses to achieve the highest possible profit through revenue generation and cost management.
Business Decision
A choice or judgement made as part of managing a company, affecting its direction, operations, and strategy.
Duty-Based
An ethical framework that focuses on the obligations one has towards others, emphasizing the performance of duties as morally right actions.
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