Examlex
This approach, a variant of utilitarianism, considers an action to be ethically good if it will probably produce a greater balance of good over evil:
Units
Basic quantities or measures adopted to quantify and represent variables in quantitative analyses, such as units of measurement in physics or economic units in economics.
Profit-Maximizing
The process or strategy by which a firm determines the price and output level that returns the greatest profit.
Loss-Minimizing
A strategy aimed at reducing the negative impact or minimizing the losses in a business operation or an investment.
Quantity
The amount or number of a material or immaterial good or service.
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