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Managerial Egoistic Approaches Propose That We Have Not Only a Moral

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Managerial egoistic approaches propose that we have not only a moral duty to ensure customer satisfaction via the finished offering, but also a duty to ensure integrity in how the offering is produced and marketed.


Definitions:

Returns Favors

Describes the act of reciprocating or doing something for someone because they have done something for you, embodying the principle of reciprocity.

Prisoner's Dilemma

A game theory scenario where two individuals acting in their own self-interest do not produce the optimal outcome for either party.

Confess

To admit or acknowledge something that one has done, especially something wrong or socially unacceptable.

Aid

Assistance provided to individuals, groups, or countries in the form of goods, services, or financial support, often in times of crisis or need.

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