An Electronics Company That Previously Specialized in Making Televisions Finds

question 219

True/False

An electronics company that previously specialized in making televisions finds it can lower costs by making DVD players and car computer systems. This is an example of economies of scale.

---

Definitions:

Ethical Principle

Ethical principle refers to the fundamental guidelines that dictate how individuals should act based on moral duties and virtues.

Belmont Report

A foundational document in research ethics, focusing on respect for persons, beneficence, and justice.

Beneficence

Beneficence is an ethical principle that refers to actions that promote the well-being and welfare of others, often a key consideration in research ethics.

Harmful Effects

Negative impacts or consequences resulting from an action or event.