A Manager Does Not Discriminate on the Basis of Race

question 39

Multiple Choice

A manager does not discriminate on the basis of race because it is against company policy. This manager's decision illustrates which of Kohlberg's levels of moral development?

• A) preconventional level
• B) distributive justice level
• C) conventional level
• D) postconventional level

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Definitions:

Compounded Quarterly

The process where interest is calculated and added to the principal sum of an investment or loan on a quarterly basis, leading to an increase in the amount of interest earned over time.

Future Value

The future value of a current asset on a certain date, estimated based on a projected growth or return rate.

Present Value

Present Value is a financial principle that calculates the current worth of a future amount of money or stream of cash flows given a specific rate of return.

Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods.