If a Company Issues Ethics Guidelines That Include the Statement

question 28

Multiple Choice

If a company issues ethics guidelines that include the statement: "If an action feels wrong,don't do it," the company is applying the:

• A) intuition ethic.
• B) ends-means ethic.
• C) equal freedom principle.
• D) theory of justice.

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Definitions:

Property Rights

Legal rights to use, control, and dispose of property, including real estate, intellectual property, and tangible goods.

Sustainable Rate

A rate of growth or extraction that can be maintained over time without depleting resources or causing environmental damage.

Individual Transferable Quotas (ITQs)

Limits (quotas) set by a government or a fisheries commission on the total number or total weight of a species that an individual fisher can harvest during some particular time period; fishers can sell (transfer) the right to use all or part of their respective individual quotas to other fishers.

TAC

Total Average Cost, the sum of all production costs divided by the number of goods produced, indicating the average cost per unit of product.