The Ethical Decision Approach That Requires Persons to Be Guided

question 160

Multiple Choice

The ethical decision approach that requires persons to be guided by standards of equity, fairness and impartiality is the:

• A) moral-rights approach.
• B) individualism approach.
• C) utilitarian approach.
• D) justice approach.
• E) discretionary responsibility.

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Definitions:

Output

The quantity of goods or services produced by a company, industry, or economic system.

Housing Development

A planned residential community, often including various amenities, constructed by developers and divided into individual properties for sale.

Profit-Maximizing

A strategy or behavior that seeks to achieve the highest possible profit from business operations, given certain constraints and market conditions.

Damages

Monetary compensation that a court orders to be paid to an individual or entity as recompense for loss or injury.