Belinda Has Decided to Evaluate a Decision She Has Made

question 100

Multiple Choice

Belinda has decided to evaluate a decision she has made on the basis of the ethical norm of justice. What question should she ask?

• A) Does the decision optimize the satisfaction of all constituencies?
• B) Is the decision consistent with what we regard as fair?
• C) Does the decision respect the rights of the individuals involved?
• D) Is the decision consistent with people's responsibilities to each other?
• E) How much will the decision cost if it is wrong?

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Definitions:

Clayton Act

A law enacted in 1914 to promote competition and prevent monopolies and unfair business practices in the United States.

Antitrust Laws

Laws designed to promote competition and prevent monopolies by regulating business practices that may restrain trade or lead to an unfair concentration of market power.

Deceptive Advertising

Marketing practices that mislead or deceive consumers into believing something about a product or service that is not true or fully disclosed.

Celler-Kefauver Act

A United States antitrust law passed in 1950, aimed at preventing anti-competitive mergers and acquisitions by closing loopholes in the earlier Clayton Antitrust Act.