The Correct Answer is Option 2 i.e Doing something despite difficulty or delay in achieving success.

• Perseverance: It is an act of doing something despite difficulty or delay in achieving success.
• Intelligent: Having or showing intelligence, especially of a high level.
• Lack of Interest: The state of showing no real interest or effort.
• Disagree: Not supporting any of sides involved in an argument.

• To achieve high performance, managers try to improve ir customer responsiveness, product quality, and organizational efficiency.
• Customer responsiveness refers to your business's ability to respond to service inquiries and fulfill m in a timely manner.
• This includes both speed it takes your agents to initiate interaction as well as time it takes for m to complete customer's request.
• We can increase customer responsiveness by reducing time-to-quote. 

Hence, option 2 is correct. 

The correct answer is Social system.

• Ethical Values are associated with Social system.

Key Points

• Ethics guide human conduct and it helps people to lead a good life by applying moral principles.
• It comes from society and collective beliefs and values of its citizens. 

Duty of Care: The duty of care is a common law arrangement where client expects a level of professionalism and standards commonly held by those in profession.

Malpractice: The breach by a member of a profession of eir a standard of care or a standard of conduct.

Professional malpractice: When a person practicing his or her profession improperly performs duties of that profession, y are liable for injuries ir negligence causes.

The correct answer is All of above.

Key Points

• Teleological Theories:
• According to teleological ories, Tightness of an action is determined solely by its consequences rar than by any feature of action itself. Actions that result in greatest possible balance of good or evil are considered ethical. Thus, teleological ories are based on concept of goodness.
• Now question is which is good and what is evil. In classical utilitarianism, pleasure is regarded as good, and pain is considered evil. In broader terms, goodness is human well-being.
• Bentham and Mill explained doctrine of utilitarianism:
• The Principle of Utility:
• Jeremy Bentham (1748-1832) explains this principle as follows:
• By principle of utility is meant that principle which approves or disapproves of every action whatsoever, according to tendency which it appears to have to augment or diminish happiness of party whose interest is in question or, what is same thing, in or words, to promote or to oppose that happiness.”
• Thus, consequences of an action are measured in terms of pleasure and pain caused to different individuals. Bentham suggested a procedure called hedonistic calculus for this purpose.
• Bentham’s ory is criticized for two reasons. First, it is not always possible to measure in quantities pleasure and pain caused by an action. Second, pleasure does not constitute human well-being. Even pigs are capable of pleasure and his ory is criticized as a ‘pig philosophy’ fit only for swine.
• According to critics, one absurd consequence of Bentham’s principle is that it would be better to live life of a satisfied pig than that of a dissatisfied human being such as Socrates. For human beings, friendship and aestic enjoyment are as good as pleasure.
• The Principle of Utilitarianism:
• John Stuart Mill (1806-1873) modified principle of utility by recognizing that pleasures differ in ir quality which is as important as quantity of pleasure. Mill concluded, “It is better to be a human being dissatisfied than a pig satisfied; better to be Socrates dissatisfied than a fool satisfied. And if fools, or pig, are of a different opinion, it is because y know only ir side of question.
• Thus, re are two forms of utilitarianism:
• 1. Action utilitarianism under which an action is right if and only if it produces greatest balance of pleasure over pain for everyone. For example, telling a lie or breaking a promise is right if its consequences are better than those of any alternative course of action. Thus, classical utilitarianism does not require observing rules such as “Tell Truth.
• 2. Rule Utilitarianism under which an action is right if and only if it conforms to generally accepted rules and produces greatest balance of pleasure over pain.
• Act utilitarianism is simple and easily understood. But rule utilitarianism is morally more sound and does not require calculating consequences of each action.
• The principle of utilitarianism consists of following elements:
• Consequentialism- The Tightness of any action depends solely on its consequences.
• Hedonism- Pleasure alone is good.
• Maximization- A right action creates greatest amount of net pleasure.
• Universalism- Everyone’s consequences are alike.
• Advantages of Teleological Theories:
• Teleological ories are consistent with ordinary moral reasoning. Utilitarianism why telling truth, keeping a promise, and or acts which provide some benefit are morally relevant.
• Teleological ories provide an objective and precise method for moral decision-making. A decision-maker can choose right course of action by calculating and comparing consequences of different alternatives.
• Economists assume that people seek to maximize ir utility or welfare. The economic ory is based on ethical ory of utilitarianism.