According to Ethical Relativism,________

question 11

Multiple Choice

According to ethical relativism,________.

• A)ethics rely on duties based on universal rules that one is morally bound to follow
• B)each person is presumed to have entered into a social contract with all others in society to obey moral rules
• C)there are no universal ethical rules to guide a person's conduct
• D)people must choose an action or follow a rule that provides the greatest good to society

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Definitions:

Profitability

A measure of the ability of a company or business unit to generate earnings relative to its revenue, assets, equity, or other financial metrics over a certain period of time.

Price-earnings Ratio

A financial metric that measures a company's market share price relative to its earnings per share, indicating investor sentiment about future earnings.

Times

A financial metric used to compare two quantities or to indicate frequency. In business, it often refers to multiples or ratios used in financial analysis.

Total Assets

The sum of all assets owned by an entity, representing the total resources at its disposal.