According to Act Utilitarianism, If It Produces More Net Utility

question 27

True/False

According to act utilitarianism, if it produces more net utility (or "happiness")to give money to famine relief, even though  I had promised to payback a friend  with that money, then I ought to give the money to the relief fund.

Recognize the principles and applications of operant conditioning in managing employee performance.

Identify the significance of strengths-based leadership in enhancing team productivity.

Understand the role of participative management and its effect on employee commitment and creativity.

Understand the impact of social connections and belonging on workplace motivation and engagement.

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Definitions:

Variable Costing

An accounting method that includes only variable production costs in the cost of goods sold and treats fixed costs as period costs.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.

Manufacturing Margin

The difference between the cost of goods sold by a manufacturing company and its total sales, reflecting the gross margin specific to manufacturing operations.

Absorption Costing

A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed manufacturing overhead—in the cost of goods sold.