Which of the Following Is True of Virtue Ethics

question 12

Multiple Choice

 Which of the following is true of virtue ethics?

• A) It claims that morality's primary function is to develop virtuous character.
• B) It claims that profitability is the fundamental virtue for every organization.
• C) It claims that an organization's morality is defined by its members.
• D) It claims that a virtuous organization is always a successful one.

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Definitions:

Internal Rate of Return

The discount rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equals zero.

Multiple IRRs

The situation where a project has more than one internal rate of return, occurring due to unconventional cash flows.

Reinvestment Assumption

The theory that cash flows will be reinvested at a constant rate, often used in financial modeling.

Cost of Capital

The rate of return that a business must achieve in order to generate value, representing the opportunity cost of investing capital in a specific business rather than in an alternative venture.