Internet Technology

question 66

Multiple Choice

Internet technology:

• A) makes it easy for rivals to compete on price alone.
• B) imposes a significant cost of entry, due to infrastructure requirements.
• C) increases the difference between competitors because of the wide availability of information.
• D) makes it easy to sustain operational advantages.
• E) has lessened competitive rivalries.

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Definitions:

Greatest Good

A principle in utilitarian ethics focused on actions that result in the greatest benefit or happiness for the largest number of people.

Cognitive Moral Development

A theory proposed by Lawrence Kohlberg that suggests people progress through different stages of moral reasoning as their cognitive abilities mature.

Ethical Behavior

Conducting oneself in accordance with recognized moral principles or accepted standards of right and wrong in all professional and personal actions.

Moral Development

The process by which individuals learn and apply concepts of right and wrong, influencing their behavior and attitudes.