According to the Theory of _______,The Traditions of Your Society,your

question 29

Multiple Choice

According to the theory of _______,the traditions of your society,your personal opinions,and the circumstances of the present moment define your ethical principles.

• A)ethics for the greater good
• B)normative ethics
• C)ethical relativism
• D)utilitarianism

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Definitions:

ATMs

Automated Teller Machines that allow customers to undertake financial transactions, notably cash withdrawals, without the need for a human clerk or bank teller.

Bank Tellers

Employees at financial institutions who deal directly with customers, handling routine banking transactions.

Substitute

A product or service that can replace another, offering consumers an alternative choice.

Imperfect Competition

Imperfect competition describes a market structure where the conditions necessary for perfect competition are not met, including markets with monopolies, oligopolies, and monopolistic competition.