Question

When we discuss _____ approaches, we are talking about how organizational decision makers actually approach ethical issues. a. Organizational b. Individual c. Descriptive d. Values-based e. Normative

Answer 1

The correct answer is letter "E": Normative.

Step-by-step explanation:

Normative Economics incorporates subjectivity and value judgments focusing on what "should be". It is usually implemented at the governmental level. Normative Economics leaves the door open for future changes, eliminates absolute statements and provides an avenue for analysis of different economic scenarios.