From a stakeholder point of view, which of the following must be satisfied for a decision to be considered ethical?
A)The decision should demonstrate virtues reasonabley expected
B)The decision should result in more benefits than costs
C)The decision should not offend the rights of any other stakeholders
D)The distribution of benefits and burdens should be fair
E)All of the above must be satisfied for a decision to be considered ethical

Question

Quizplus · Accepted Answer

All of the listed criteria must be satisfied for a decision to be considered ethical.

A) The decision should demonstrate virtues reasonabley expected
B) The decision should result in more benefits than costs
C) The decision should not offend the rights of any other stakeholders
D) The distribution of benefits and burdens should be fair
E) All of the above must be satisfied for a decision to be considered ethical

B) The decision should result in more benefits than costs: This means that the decision should maximize the positive outcomes and minimize the negative consequences for all stakeholders affected by the decision.

C) The decision should not offend the rights of any other stakeholders: This means that the decision should respect and protect the basic rights of all stakeholders involved, such as the right to privacy, freedom of speech, and access to healthcare.

D) The distribution of benefits and burdens should be fair: This means that the decision should allocate the benefits and burdens of the decision in a way that is just and equitable for all stakeholders involved.

Thus, all of these criteria must be met to ensure that a decision is ethical from a stakeholder point of view.

From a Stakeholder Point of View, Which of the Following