A Teleological Theory May Find Unacceptable That Any Competent Employee

question 90

True/False

A teleological theory may find unacceptable that any competent employee loses his job,even if the layoff's effect is to reduce prices to consumers and increase profits.

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Definitions:

Capital Investment

Funds invested in a firm or enterprise for the purpose of furthering its business objectives.

Stand-Alone Principle

Evaluation of a project based on the project’s incremental cash flows.

Equivalent Annual Cost

A financial analysis tool used to compare the cost effectiveness of different assets by breaking down their costs into equivalent annual amounts.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time for an investment.