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:

Vertices

The plural form of vertex, referring to the corners or points where two or more curves, edges, or lines meet.

Asymptotes

Lines that a graph approaches but never reaches, often defining the boundary of its behavior.

Vertices

The corner points where two or more edges meet in a geometric shape or figure; singular form is "vertex."

Ellipse

A plane curve encircling two centers where the total distance from any point on the curve to the two centers remains unchanged.