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The Graded Strength Principle States That

question 59

Multiple Choice

The graded strength principle states that:

Understand the concept of rationalization in decision-making and its reliance on evidence and ethical considerations.
Recognize the significance of respecting different religious principles in global business ethics.
Grasp the role of laws and acts, such as the Fraud Reduction and Data Analytics Act, in institutionalizing ethics within federal and corporate practices.
Understand the value and impact of corporate social responsibility on a business's reputation and societal expectations.

Definitions:

Liberals

Individuals or groups advocating for policies that emphasize individual rights, social equality, and a supportive role for government.

Libertarians

Individuals who advocate for minimal government intervention in the personal and economic lives of citizens, emphasizing individual liberty and free-market principles.

Economic Inequality

The unequal distribution of wealth, income, or resources across different participants in a society, economy, or country.

Democratic Forms

Types of government systems where power is vested in the people, who either rule directly or through elected representatives.

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