The Utilitarian Theory

question 36

Multiple Choice

The Utilitarian Theory:

• A) holds that we all act in our own self-interest.
• B) is based on doing the most good for the most people.
• C) resolves ethical dilemmas according to time and place.
• D) believes that solving ethical dilemmas requires training

---

Definitions:

Market Growth Rate

The pace at which a specific market expands over a given period, often measured as a percentage.

Renewable Energy

Energy sourced from natural processes that are replenished constantly, such as solar, wind, and hydroelectric power.

NAICS Code

A numerical classification system that categorizes businesses into industries based on their activities for the purpose of collecting, analyzing, and publishing statistical data.

Geographic Segmentation

The division of a market into different geographical units such as regions, cities, or countries to tailor marketing efforts.