Managerial egoism is a form of ethical approach associated with Aristotle, which stresses the importance of developing virtuous principles, developing 'right' character, and the pursuit of a virtuous life.

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Managerial egoism is not associated with Aristotle but rather with the concept of self-interest guiding managerial decisions. Aristotle's ethical approach is known as virtue ethics, which emphasizes developing virtuous character traits and leading a virtuous life for the well-being of oneself and society.

Managerial Egoism Is a Form of Ethical Approach Associated with Aristotle