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A business manager may consider it wrong to terminate a person whose spouse has terminal cancer because a firm has an absolute obligation to support its employees when they are vulnerable,period.The business manager is acting consistently with which ethical theory?
Purchasing power
The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.
Compounded monthly
A method where interest is calculated on the principal and any accumulated interest each month, effectively increasing the amount on which future interest is earned.
Deferral period
A span of time during which payments, obligations, or other actions are postponed or delayed.
Compounded quarterly
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied every three months.
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