For Information to Be Worth Its Cost

question 45

Multiple Choice

For information to be worth its cost:

• A)it should be obtained at the least cost possible.
• B)an appropriate relationship must exist between the cost of information and its value.
• C)there should be at least three ROI streams that this information provides.
• D)it has to benefit the maximum number of people with the least resources.

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Definitions:

Ethical Framework

A structured set of guidelines that outlines appropriate moral conduct for individuals or organizations.

Normative Ethics

Ethical frameworks or theories that present moral standards guiding right or wrong conduct.

Ethical Decisions

Choices made based on moral principles and values, considering the impact on all stakeholders involved and aiming for fairness and integrity.

Compassionate Choice

A principle or action taken based on understanding and empathy towards the needs and suffering of others.