Question: Select the best answer choice. What are some key drawbacks to utilitarian thinking at the corporate level? It is difficult to predict future consequences; decision
Select the best answer choice.
What are some key drawbacks to utilitarian thinking at the corporate level?
It is difficult to predict future consequences; decision makers in forprofit organizations will tend to overestimate the upside of certain decisions and underestimate the downside.
Shortterm interests will be favored over longterm consequences.
All of these answer choices are correct.
The corporation may do a costbenefit analysis that puts the greatest good of the firm above all other considerations.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
