In the Ethical Decision-Making Process, Identify the Steps That Might

question 46

Multiple Choice

In the ethical decision-making process, identify the steps that might arise in reverse order, depending on the circumstances.

• A)Identifying the ethical issues; considering the impact of the decision on stakeholders
• B)Determining the facts; identifying the impact of the decision on stakeholders
• C)Identifying the impact of the decision on stakeholders; considering the available alternatives
• D)Determining the facts; identifying the ethical issues

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Definitions:

Federal Budget Deficit

The shortfall that occurs when the U.S. government's expenditures exceed its revenues within a fiscal year.

GDP

Gross Domestic Product, or GDP, represents the overall market value of all ultimate goods and services manufactured domestically in a specific timeframe.

Interest Rates

The cost of borrowing money or the return on investment for savings, usually expressed as a percentage of the total amount loaned or deposited.

Federal Budget Deficits

Occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.