Identify the View Which Holds That People Act Only Out

question 33

Multiple Choice

Identify the view which holds that people act only out of a self-interest.

• A)Altruism
• B)Egoism
• C)Utilitarianism
• D)Libertarianism

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Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Labour-intensive Jobs

Occupations or industries that require a high amount of manual work relative to capital investment, often characterized by high employment levels.

Collective Bargaining Process

A negotiation process between employers and a group of employees aimed at reaching agreements to regulate working salaries, working conditions, and other aspects of workers' compensation and rights.

Grievance Procedure

A formalized procedure for resolving disputes if the parties have a disagreement regarding the interpretation of a term of the collective agreement.