With Recent Reports of Identity Theft,Mr

question 124

Multiple Choice

With recent reports of identity theft,Mr.Jones,the CEO of a construction company,is concerned about his employees' privacy,and because of recent accidents on the job,he is also worried about the safety of his workers.Mr.Jones's concerns with privacy and health and safety are outlined in the _____ approach to deciding ethical dilemmas.

• A)individual rights
• B)justice
• C)impartial
• D)utilitarian
• E)moral rights

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Definitions:

Personal Responsibility

The idea that an individual is accountable for their actions and wellbeing, including making decisions that affect their life and those around them.

Circular Flow Model

A diagram that demonstrates the movement of money, resources, and goods and services in an economy between households, firms, and the government.

Resource Markets

Marketplaces where resources (like labor, capital, and raw materials) used to produce goods and services are bought and sold.

Invisible Hand

A metaphor coined by Adam Smith to describe the self-regulating nature of the marketplace where individuals' pursuit of self-interest benefits society.