In the Context of _____, Actions Are Taken Out of Duty

question 9

Multiple Choice

In the context of _____, actions are taken out of duty and obligation to a purely moral ideal rather than based on the needs of a situation.

• A)normative ethics
• B)universal ethics
• C)reductionist ethics
• D)deontological ethics

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Definitions:

Apportion

To divide and allocate proportions or shares of a total amount among different entities based on a set criteria or formula.

Total Cost

The sum of all expenses incurred in producing a product or delivering a service, including direct costs like materials and labor, and indirect costs such as overhead.

Contribution Margin

A department’s net profit, used to cover indirect expenses.

Gross Profit

The difference between sales revenue and the cost of goods sold (COGS), indicating the basic profitability of a company's core activities.