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In Considering a Large-Scale Layoff, a Manager Performs a Cost-Benefit

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In considering a large-scale layoff, a manager performs a cost-benefit analysis and determines that profits will be greatest if she proceeds.She is using the ______ approach to guide her decision regarding an ethical dilemma.


Definitions:

Financial Liabilities

Obligations that require a company to pay money to another entity, including loans, bonds payable, and accounts payable.

Borrowing Cost

A financial expense encompassing interest and other costs incurred by an entity in connection with the borrowing of funds.

Entity's Profits

The financial gain that remains after subtracting all expenses, taxes, and costs from a company's revenue.

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