Which of the Following Statements Is True About the Utilitarian

question 38

Multiple Choice

Which of the following statements is true about the utilitarian approach to business ethics?

• A) It holds that an action is judged desirable if it leads to the maximization of stockholders' wealth.
• B) The best decisions, from a utilitarian perspective, are those that produce the greatest profits for businesses.
• C) It recognizes that a business should pursue only those actions where the social benefits outweigh the costs.
• D) It asserts that managers should not follow ethical norms if they see that others firms are also not following them.
• E) It fails to consider the idea that actions have multiple consequences.

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Definitions:

Cognitive Powers

The capacity of the brain to perform mental activities, including reasoning, problem-solving, and decision-making.

Early Adulthood

A life stage roughly spanning the ages of 20 to 40, characterized by physical maturity, increased independence, and the establishment of personal and professional relationships.

Cognitive Development

The study of how thinking, problem solving, and intelligence evolve as people grow from infants to adults.

Piaget

A psychologist best known for his theory of cognitive development that describes how children's intellect grows through stages.