Suppose That When Making Decisions with Ethical Content, an Executive

question 167

Multiple Choice

Suppose that when making decisions with ethical content, an executive for the Coca-Cola Company always considers whether she would be comfortable explaining her decision after the fact to a national TV audience. Such thinking

• A) is clearly a way to shift responsibility and should be avoided.
• B) encourages ethical decision making.
• C) is likely to be illegal.
• D) would encourage legal payoffs to university officials for making Coke the official on-campus drink.
• E) violates several international laws.

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Definitions:

Pairwise Majority Voting

A voting system where each option is matched against every other option in separate votes, and the one winning the most matches is chosen.

Single Peaked

A term used to describe preferences or utility functions that increase to a highest point (the peak) and then decrease, indicating a clear optimal choice or outcome.

Voting Cycles

Repeated patterns of preference changes among voters or decision-makers, leading to inconsistencies in collective decisions.

Pure Private Good

A type of good that is both excludable and rival in consumption, meaning access to the good can be limited, and one person's use of the good diminishes its availability for others.