Examlex
The major disadvantage of multilevel marketing is that the high entry cost for most sellers means that only relatively wealthy individuals can use this approach.
Utilitarianism
An ethical theory that posits the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
Cost-benefit Analysis
An economic evaluation method that compares the costs and benefits of an action or decision to determine its feasibility or worth.
Ethical Theory
A systematic exposition of principles, concepts, and theories that guide moral behavior and distinguish right from wrong.
Universal Laws
Fundamental principles or laws that are believed to be universally applicable, regardless of systems or beliefs.
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