Efficiency Perspective Can Be Described As

question 29

Multiple Choice

Efficiency perspective can be described as:

• A) All individuals' action is driven by self-interest.
• B) Individuals will act in an opportunistic manner to the extent that the actions will increase their wealth.
• C) Notions of loyalty and morality are ignored.
• D) Different organisational characteristics explain why different firms adopt different accounting methods.

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Definitions:

Ethical Pluralism

The belief that there are multiple ethical principles or values that can be equally correct and fundamental in assessing moral questions, rejecting the idea of one universal moral truth.

Indifference

A lack of concern, interest, or sympathy towards others or a particular issue.

Openness

A personality trait or quality characterized by transparency, willingness to experience new things, and candid communication.

Use Of Force

The application of physical power or legal authority to control, restrain, or protect someone or something.