Examlex

Solved

The Philosophy of Utilitarianism Is Used to Explain Why Businesses

question 65

True/False

The philosophy of utilitarianism is used to explain why businesses should make themselves accessible to people with disabilities.


Definitions:

Profit

The financial surplus remaining after all expenses have been deducted from total revenue, indicative of the financial success of a business operation.

Commodity

An essential commodity employed in business activities that is substitutable with other commodities of the identical category.

Maximise

The process of increasing a particular variable or outcome to its highest possible value under given constraints.

Input

Resources used in the production process to create goods or provide services.

Related Questions