Which Ethical Criterion Is Described by the Idea That a Company

question 16

Multiple Choice

Which ethical criterion is described by the idea that a company should strive for efficiency?

• A) Egoism.
• B) Benevolence.
• C) Principle.
• D) Business-centered.

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Definitions:

Land Reform

involves the redistribution of land from large landowners to those with little or no land, aimed at improving equity and agricultural productivity.

Early 1950s

A period post-World War II, around 1950 to 1953, characterized by significant social, political, and economic recovery and development.

Redistributing Land

The process of realigning or reassigning the ownership and control of land to achieve more equitable distribution among a population.

Neoliberal Globalization

A process emphasizing the global integration of economies through free-market policies, reduction of trade barriers, and increased capital flows, under the influence of neoliberal ideologies.