Which Statement Is True Concerning Moral Principles and Self Interests

question 18

Multiple Choice

Which statement is true concerning moral principles and self interests?

• A) Statutes are laws applied in the English-speaking world before there were any common laws.
• B) Philosophers agree that morality is based on the commands of God.
• C) "Groupthink" is a positive and necessary characteristic of all groups.
• D) Morality serves to restrain our purely self-interested desires so that we can all live together.

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Definitions:

Division Manager

An individual responsible for overseeing a specific division within a company, ensuring its operational and financial performance.

Residual Income

Income that remains after deducting all costs, including the cost of capital, from business or investment earnings.

Minimum Return

The lowest acceptable rate of return on an investment that a manager or investor is willing to accept, considering the risk and capital involved.

Profit Margin Component

A financial metric that measures the amount of net income generated as a percentage of revenue, indicating the efficiency of a company in converting sales into actual profit.