When We Judge Actions on the Basis of Ethical Principles

question 150

Short Answer

When we judge actions on the basis of ethical principles and not personal consequences,we have reached Kohlberg's ____________ level.

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Definitions:

Rate of Return

A measure of the profitability of an investment, expressed as a percentage of the initial investment.

Cumulative Voting

A voting system that allows shareholders to allocate their total votes in any manner they choose, across multiple candidates, which can benefit minority shareholders.

Board of Directors

A group of individuals elected to represent shareholders and govern and oversee the management and direction of a company.

Straight Voting

A voting procedure in board elections where shareholders must vote for directors individually, not as a slate.