The Three Criteria for Making Ethical Decisions Are ________

question 70

Multiple Choice

The three criteria for making ethical decisions are ________.

• A) utilitarianism, creativity, and rights
• B) historical precedents, rights, and utilitarianism
• C) rewards, regulations, and time orientation
• D) utilitarianism, rights, and justice
• E) historical precedents, reward, and justice

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Definitions:

Strategic Management

The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.

Future Planning

The process of setting goals and outlining strategies and actions to achieve those goals, considering predictions about future conditions and challenges.

Unrelated Diversification

A growth strategy where a business expands into areas that are different from its core operations.

Business Areas

are distinct segments within a company, focusing on specific tasks or markets, such as finance, marketing, or product development.