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1. actions and policies evaluated 1. actions and policies evaluated on the basis of benefits and costs make reference to:
a. ethical behavior
b. McGregor Model
c. utilitarianism
d. marketing four p’s

2. The combination of benefit/Cost consequences of actions:
a. utility
b. gray area
c.net income
D. income statement

3. Under the concept of _______, if it’s true of music and pizza, it’s true of everything:
a. price-fixing
b. common agreement
c. 1 size fits all
d. utilitarianism

4. under rule utilitarianism the notion that if an action increases utility at one particular moment, it does not show that:
a. decreases morale
b. affects performance
c. it is right
d. it will be taken into account by everybody

5. the main objective of “rights” is to allow the individual to freely pick interests and to:
a. protect those choices
b. allow him/her to pick as many as possible
c. never change them
d. be happy

6. In certain occasions, duties of a correlative nature imposed by rights may not apply to a particular person but to:
a. the international nation
b. the person itself
c. all the group members
d. none of the choices provided are the correct answer.

7. Under the categorical imperative, one of the criteria for determining moral right and wrong is
a. parent teaching
b. universalizability
c. self actualization
d. school friends

8. Kant, I., commented that:
a. a deliberate decision to refuse help others is wrong
b. ethics are the most important notion in the universe
c. self actualization is the top aspect of the pyramid
d. life is short, sweet, and trouble-free.

9. One thing that could have more weight than utilitarian considerations are:
a. standards of justice
b. good etiquette
c. presidents
d. freedom

10. To determine how burdens and benefits should be allocated amongst the society, the following should be considered :
a. human history
b. +$500k income
c. ethical and governmental theory
d. abilities on the basis of benefits and costs make reference to:

1 actions and policies evaluated 1 actions and policies evaluated on the basis of benefits and costs make reference to a ethical behavior b McGregor Model c uti class=

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Answer:

1. actions and policies evaluated on the basis of benefits and costs make reference to:

c. utilitarianism

2. The combination of benefit/Cost consequences of actions:

c.net income

3. Under the concept of _______, if it’s true of music and pizza, it’s true of everything:

c. 1 size fits all

4. Under rule utilitarianism the notion that if an action increases utility at one particular moment, it does not show that:

c. it is right

5. The main objective of “rights” is to allow the individual to freely pick interests and to:

a. protect those choices

6. In certain occasions, duties of a correlative nature imposed by rights may not apply to a particular person but to:

c. all the group members

7. Under the categorical imperative, one of the criteria for determining moral right and wrong is

b. universalizability

8. Kant, I., commented that:

b. ethics are the most important notion in the universe

9. One thing that could have more weight than utilitarian considerations are:

a. standards of justice

10. To determine how burdens and benefits should be allocated amongst the society, the following should be considered:

c. ethical and governmental theory

Explanation:

a) In Economics, utility refers to the total satisfaction received from consuming a good or service.  It is a measurement of the usefulness that a consumer obtains from any good or service.

b)  Utilitarianism is an ethical theory that determines right from wrong by focusing on outcomes.  It is a form of consequentialism.  For Utilitarianism, the most ethical choice an entity can make is the one that will produce the greatest good for the greatest number.