Which of the Following Determinants of Ethical Issue Intensity Asks

question 103

Multiple Choice

Which of the following determinants of ethical issue intensity asks how soon the harm will be felt?

• A)consensus of wrong
• B)immediacy of consequences
• C)proximity of victims
• D)concentration of effect

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Definitions:

Fixed Costs

Expenses that do not change with the amount of goods or services produced by a business.

Sunk Costs

Sunk costs refer to expenses that have already been incurred and cannot be recovered, and therefore should not affect future business decisions.

Opportunity Costs

The missed opportunity to benefit from different options when a single choice is made.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.