In the UK,One Insurer Has Introduced a System Where Car Insurance Premiums

question 146

Multiple Choice

In the U.K.,one insurer has introduced a system where car insurance premiums vary depending on how much,where,and when a person drives.This system is designed to

• A) maximize profits.
• B) help the company survive in a competitive marketplace.
• C) improve the company's image.
• D) attain a desired market share.
• E) protect trademarks.

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Definitions:

Stoicism

A classical Greek philosophical approach that emphasizes cultivating self-discipline and resilience to conquer harmful feelings.

Virtue Ethics

An ethical theory that emphasizes the role of character and virtue in moral philosophy rather than either doing one’s duty or acting to bring about good consequences.

Stoic Frame

An approach to life based on stoicism, emphasizing rationality, personal virtue, and resilience in the face of adversity or emotional turmoil.

Ethical Dilemma

A situation in which a difficult choice has to be made between two or more morally correct actions that are in conflict.