Question

In: Economics

_______________ focuses most closely on the Processes portion of the open systems model. a. Kantian Deontology...

_______________ focuses most closely on the Processes portion of the open systems model. a. Kantian Deontology b. Neoclassical Liberal Justice c. Utilitarianism d. Trust e. None of the above

Solutions

Expert Solution

The answer is (e) , None of the above because -

Open systems theory refers simply to the concept that organizations are strongly influenced by their environment. The environment consists of other organizations that exert various forces of an economic, political, or social nature.

a)Kantian Deontology is defined as an ethical theory that the morality of an action should be based on whether that action itself is right or wrong under a series of rules, rather than based on the consequences of the action. An example of deontology is the belief that killing someone is wrong, even if it was in self-defense.

b) Neoclassical liberalism,is a philosophy that focuses on the compatibility of support for civil liberties and free markets on the one hand and a concern for social justice and the well-being of the worst-off on the other.

c) Utilitarianism is a theory of morality, which advocates actions that foster happiness or pleasure and opposes actions that cause unhappiness or harm. When directed toward making social, economic, or political decisions, a utilitarian philosophy would aim for the betterment of society as a whole.

d) Trust is defined as to have confidence, faith or hope in someone or something. An example of trust is believing that the sun will rise in the morning. An example of trust is having faith that things will be better in the future.


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