Technology Is Used at All Three Stages in the Value

question 24

True/False

Technology is used at all three stages in the value creation process: input, conversion, and output.

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Definitions:

Ethics

The branch of philosophy that deals with questions of morality, including concepts of right and wrong, virtue and vice, and moral responsibility.

Socially Responsible

Acting in ways that benefit society at large, considering the impact of one’s actions on the welfare of the community and environment.

Right from Wrong

The moral or ethical discernment between acceptable and unacceptable actions or decisions.

Legal

Pertains to matters related to the law, including legislation, rights, obligations, and the judicial system.