According to Michael Josephson, If There Is No Such Decision

question 10

True/False

According to Michael Josephson, if there is no such decision that satisfies the greatest number of core values, one should try to determine which decision delivers the greatest good to the various stakeholders.

---

Definitions:

Public Utilities

Organizations that provide essential services to the public, such as water, electricity, natural gas, and telecommunications.

Smartphone Industry

A sector of the technology market focused on the development, production, and sale of smartphones.

Oligopoly

A market structure characterized by a few companies having control over a significant portion of the market share, influencing prices and competition.

Purely Competitive

A market structure characterized by a large number of small firms, a homogeneous product, and free entry and exit into the market.