Final answer:
Moral intensity is the term that describes factors related to the consequences for an action or inaction, relevant in ethical decision-making within business ethics. The correct answer is option: a. Moral intensity
Step-by-step explanation:
The term that describes factors related to the magnitude of the consequences for an action or for inaction is a. Moral intensity. This concept is crucial within the realm of business ethics and is considered an important part of ethical decision-making. Moral intensity refers to the extent to which a potential ethical issue demands the attention of the individual.
For instance, consequentialism is an ethical theory that looks at the outcome or consequences of actions to determine moral rightness, thus the moral intensity of the situation is directly linked to the perceived consequences. Some actions might have profound consequences, which indicates a high moral intensity and typically requires greater moral scrutiny before decisions are made.