A Normative Approach to Ethical Decision Making

question 81

Multiple Choice

A normative approach to ethical decision making:

• A) reduces ethical dilemmas to easy-to-understand formulas.
• B) uses various approaches to describe and provide guiding values for decisions.
• C) states that everyone must use their employer's value system at work.
• D) dictates only one way to choose to resolve dilemmas.
• E) none of these.

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Definitions:

Dividend Distribution

The payment of a portion of a company's earnings to its shareholders, usually in the form of cash or additional stock.

Signaling Effect

The notion that actions by a company can provide signals to investors and the market about its future prospects.

Excess Cash

Funds that exceed the normal operational needs of a business, which may be invested or used for additional expenditures.

One-Time Payment

A payment that is made in a single installment rather than divided into multiple payments.