How Many Steps Are There in the Basic Model of Ethical

question 60

Multiple Choice

How many steps are there in the basic model of ethical decision making?

• A)six steps  
• B)five steps  
• C)four steps  
• D)three steps

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Definitions:

Fixed Cost

Expenses that do not fluctuate with changes in production volume, staying constant even as production levels vary.

Liability Insurance

A type of insurance that protects an individual or business from the risk of being sued and held legally liable for something such as malpractice, injury, or negligence.

Step-Variable Cost

A cost that remains fixed for a certain level of production or activity, but jumps to a higher amount once a certain threshold is exceeded.

Helpline

A service providing information and support to people in need, typically available via telephone or the internet.