Which of the Following Steps in Ethical Decision Making Is

question 77

Multiple Choice

Which of the following steps in ethical decision making is most likely to help businesspeople know if their decision process is working and if changes should be made to ensure greater compliance with a code of ethics?

• A)Judging the ethics of the proposed decision
• B)Auditing past decisions
• C)Establishing a moral intent
• D)Involving in moral imagination
• E)Identifying the concerned stakeholders

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Definitions:

Inverse Supply

A concept in economics that represents the relationship between the price of a good and the quantity supplied by producers, but from the perspective of price as a function of quantity supplied.

Tax

A required monetary payment or different kind of tax levied on a taxpayer by government entities to finance government operations and public services.

Supply Function

A mathematical representation showing the relationship between the quantity of a good supplied by producers and various factors influencing that quantity, such as the good's price.

Demand Function

A mathematical representation showing the quantity of a good that consumers are willing and able to purchase at various prices.