The Main Emphasis of the Individualism View of Ethical Behaviour

question 119

Multiple Choice

The main emphasis of the individualism view of ethical behaviour is

• A) assessing the implications of a decision in terms of its long-term personal consequences.
• B) promoting honesty and integrity.
• C) ensuring that people's rights are protected and respected.
• D) evaluating a decision on the basis of its impartiality and fairness.
• E) ensuring that the greatest number of people benefit to the greatest extent possible.

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Definitions:

Sales Price

The amount a buyer pays to purchase a product or service.

Net Present Value

The current value of an investment's projected earnings, discounted at an appropriate interest rate, minus the initial capital cost.

Required Rate

The lowest return an investor is willing to accept on an investment to deem it as profitable.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the rate of tax that applies to their highest bracket of income.