Bernard Has Decided to Evaluate a Decision He Has Made

question 54

Multiple Choice

Bernard has decided to evaluate a decision he has made based on the ethical norm of utility. What question should he 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:

Trade Incentives

Measures used by governments or businesses to encourage international trade and investment, including tariffs, subsidies, and tax breaks.

Advertising Plan

A strategy laid out to communicate the benefits of a product or service to the target audience through various mediums.

Marketing Program

A comprehensive plan that integrates various marketing strategies and tactics, including advertising, promotions, and sales activities to achieve business objectives.

Sales Promotions

Short-term incentives or activities designed to boost sales or consumption of products or services.