Which of the Following Is a Criterion That Can Guide

question 15

Multiple Choice

Which of the following is a criterion that can guide ethical action?

• A) The action should respect the rights of individuals and groups affected by it.
• B) The action must increase the shareholder wealth.
• C) The action should serve the interests of the top management.
• D) The action must promote the self-interest of the employees.

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Definitions:

Marginal Revenue Curve

A graphical representation that shows how additional sales revenue changes with each extra unit of output sold.

Shift Right

In economics, a rightward shift in the demand or supply curve indicates an increase in demand or supply, respectively, at every price level.

Shift Left

The practice in software development and IT operations of moving tasks or steps to earlier stages in the process or lifecycle to identify and solve issues sooner.

Profit-Maximizing

A strategy or process aimed at increasing a firm's profits to the highest possible level given its production and market constraints.