The Best Decisions,from a Utilitarian Perspective,are Those That

question 98

Multiple Choice

The best decisions,from a utilitarian perspective,are those that:

• A)maximize the firm's profit.
• B)reflect the ethics of the culture in which it is operating.
• C)accommodate universal moral principles.
• D)produce the greatest good for the greatest number of people.

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Definitions:

New Buy

A buying situation in which a business customer is purchasing a product for the very first time.

Modified Repurchase

A buying situation where a customer is making a repeat purchase but with changes in requirements or suppliers.

Public Purchase

The process by which government departments or entities acquire goods, services, and works from private sector companies.

Reference Groups

Groups that individuals compare themselves to for guidance in forming attitudes, beliefs, values, or behaviors.