The Existence of an Ethical Duty on the Part of Commerce

question 3

Multiple Choice

The existence of an ethical duty on the part of Commerce & Trade Company, and other businesses, to prevent an attack by hackers on business computer systems, and consequent theft of customers' and employees' personal data, is evidenced by

• A)a business's offer of credit monitoring in the event of a breach.
• B)a business's cyber security insurance.
• C)the individuals' trust in the business to protect their data.
• D)a business's stated "Privacy Policy."

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Definitions:

Marginal Cost

The increase in cost resulting from the production of an extra unit of a good or service.

Output Level

The total amount of goods or services produced by a business or economy during a specific period.

Profit Maximizing

The process by which a company determines the price and output level that generates the maximum profit.

Marginal Cost

The supplementary expense incurred from manufacturing one more unit of a good or service.