Which of the Following Philosophies Maintains That a Company's Sole

question 27

Multiple Choice

Which of the following philosophies maintains that a company's sole responsibility is to maximize profits for its owners?

• A) utilitarian view
• B) righteous moralist view
• C) Friedman view
• D) cultural relativist view

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Definitions:

Reinforcer

A stimulus or event that increases the likelihood of the repetition of the behavior that preceded it.

Follow Up

The action of keeping in touch or checking in after an initial meeting, conversation, or task to ensure completion or to continue communication.

Punishment

The imposition of a penalty or sanction on someone as a result of their wrong behavior or misconduct.

Ethics Competency

Refers to the ability to understand, evaluate, and apply ethical principles and standards to decision-making in the workplace.