Essay: “what are advantages and disadvantages of ethical behavior in business?” Business Ethics Some commentators‚ such as Milton Friedman‚ believe that the "primary and only responsibility of business is to make money" while abiding by the law. Supporters of this point of view argue that companies’ self-interested pursuit of profit benefits the whole of society. Profitable businesses clearly benefit shareholders‚ but other commentators‚ such as Edward Freeman‚ argue that businesses should also
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Advantages of Cash flow * Cash flow is more “direct” as “profit” is highly dependent on accounting conventions and concepts/principles * Cash flow reporting satisfies the needs of all users better since cash flow is more direct with its messages. Some of the interested user parties are: * Creditors -repayment of debts‚ overdue accounts * Management -cash flow reporting provides the type of information which decision should be taken re: relevant costs ( decision based on future cash
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THE HALLMARK OF BUSINESS RESEARCH The problem I have selected is how to minimize the customer complains of different service providing companies. 1. Purposiveness The main purpose of manager should be to minimize customer complains in order to increase customer value. 2. Regor Now manager should collect complaints from number of customer and there shouldn’t be biasness of age‚ gender etc so that the research should be rigorous. 3. Testability Researcher will develop a hypothesis that “customer
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records of research. It is checked by professionals in the specific field of research who peer review it. Only high quality work is published. There are a few issues with the peer review system including: The rejection of new research which does not reflect the current paradigm. The file drawer phenomenon – research which does not support the hypothesis ends up in a drawer rather than published. Reviewer bias may stop a piece from being published – if the expert doesn’t agree or if the research doesn’t
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Accounting 11.856. “What are the advantages and disadvantages of ethical behavior in business?” Nowadays the concept of ethical behavior in business ethics is one of the most debatable issues in the world’s business community. Why? Just because there is a global division of business people on who are completely blinded by the word “money” (their number increases with each year) and who not. Each of these two groups of people has certainly own truth. For the first group any business activity is just the activity
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Business Research Ethics The goal of corporations when incorporating a logo is to be memorable to the consumer and investor. Companies like Nike‚ Harley-Davidson‚ and Apple have an instant appeal to the public with their corporate symbolism. The emblem for Chevron with the blue and red “v- shaped” stripes in a militaristic badge pattern is recognized worldwide as one of the most famous of the six “supermajor” oil companies. These six‚ powerful corporations are sometimes referred to as “big oil”
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Business Organization Research Notes Sole proprietors must also pay self-employment (SE) tax‚ a Social Security & Medicaire tax primarily for individuals who work for themselves. SE tax is figured using Schedule SE (Form 1040). Social Security & Medicaire taxes of most wage earners are figured by their employers. The SE tax rate is currently 15.3%. The rate currently consists of two (2) parts: 12.4% for Social Security (old-age survivors and disability insurance) and 2.9% for Medicaire
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The Business Research Process Amy Portugue RES/351 October 15‚ 2012 Steve German The Business Research Process I am the current employee of a world renowned company in the agricultural industry. John Deere has been a long standing name for over 175 years. The combine plant located in East Moline‚ Illinois just celebrated its 100th anniversary. I have worked at the combine plant for almost 5 years now and have experienced several dilemmas within the company. Many of our dilemmas come from
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Licensed to: iChapters User Research Method and Methodology in Finance and Accounting Second Edition Bob Ryan Robert W. Scapens Michael Theobold Australia . Canada . Mexico . Singapore . Spain . United Kingdom . United States Licensed to: iChapters User Research Method and Methodology in Finance and Accounting Copyright © Bob Ryan‚ Robert W. Scapens and Michael Theobold 2002 _______________________________________________________________________ The text of this publication‚ or
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Juargons‚ Idioms in Business In the business environment of today the use of slang‚ jargons‚ and idioms are a consequential mistake that can cost a business its creditability and reputation. Using such improper language can be a big mistake depending on what was said in the document. Professional businesses enforce a no tolerance policy when it comes to this because this problem can be prevented. Slang makes a business sound unprofessional and not competent to do business with that other
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