The Strength of the Beliefs Underlying Ethical Universalism Is That

question 23

Multiple Choice

The strength of the beliefs underlying ethical universalism is that

• A)ethical universalism recognizes significant variation in basic moral standards according to local cultural beliefs, local religious beliefs, and social mores.
• B)ethical standards are objectively determined by religious and moral experts.
• C)what is deemed right or wrong, fair or unfair, moral or immoral, ethical or unethical is (or should be)grounded in religious doctrine and applied strictly to all business situations.
• D)it draws upon the collective views of multiple societies and cultures to put some clear boundaries on what constitutes ethical business behavior and what constitutes unethical business behavior no matter what country or culture a company is operating in.
• E)it leaves room for thinking that concepts of right and wrong can be varying shades of gray.

Learn strategies to avoid undesired top-team turnover and enhance team performance.

Recognize the varying importance of different task functions throughout the life cycle of a work group.

Understand the significance of psychological intimacy and social cohesion in work teams.

Learn about the impact of integrated involvement and knowledge-based processes on teamwork.

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Definitions:

Law of Diminishing Marginal Utility

The principle that as a person increases consumption of a product, there is a decline in the marginal utility that person derives from consuming each additional unit.

Ability-To-Pay Principle

The idea that those who have greater income (or wealth) should pay a greater proportion of it as taxes than those who have less income (or wealth).

Marginal Cost

the additional cost incurred to produce one more unit of a good or service.

Marginal Benefit

The added joy or utility one achieves by consuming an additional unit of a product or service.