Examlex
Which treaty was responsible for establishing the three pillars of the (1) Single Market, (2) the Common Foreign and Security Policy and (3) Police and Judicial Cooperation in Criminal Matters, asylum policy, the Schengen Treaty, immigration policy?
Audit Committees
A subgroup of a company's board of directors responsible for overseeing financial reporting and disclosure.
Profit Maximization
The process by which a firm determines the price and output level that returns the greatest profit.
Deontological Theory
A moral philosophy that emphasizes the importance of duty and the inherent morality of actions, rather than outcomes or consequences.
Utilitarian Ethical Theory
An ethical theory suggesting that the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.
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