One Drawback as an Approach to Business Ethics of the Utilitarian

question 104

Multiple Choice

One drawback as an approach to business ethics of the utilitarian philosophy involves the measuring of the benefits, costs, and risks of a course of action.What is a second problem?

• A)Admission of human rights
• B)Acknowledgement of environmental concerns
• C)Omission of the consideration of justice
• D)Omission of slave labour
• E)Omission of consideration of cultural differences

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Definitions:

T Accounts

A type of graphical representation used in accounting to depict accounts, where the left side of the "T" records debits and the right side records credits.

Transactions

Financial events that involve the transfer of resources between two parties, impacting the financial position of an entity.

Cost Flow

The process of tracking the progression of costs as they move through a company's production process and into the financial statements.

Manufacturer

An entity or individual that makes goods from raw materials through the use of manual labor or machines, often within an industrial context.