The theories of Utilitarianism and Ethical egoism differ in many ways‚ however‚ they are both similar in the aspect of making choices and having the best outcome for those choices. Ethical egoism claims that an action must be morally right and completely maximize ones own self-interest or interests. The “opposing theory” Utilitarianism‚ states that an action must be one that produces the most good overall or to all those affected. Utilitarianism and Ethical egoism are forms of consequentialism in
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Answer Form in the following format: LastName_Lab1 (e.g.‚ Smith_Lab1). • You should submit your document in a Word (.doc or .docx) or Rich Text Format (.rtf) for best compatibility. Exercise 1: Data Interpretation Table 1: Water Quality vs. Fish Population Dissolved Oxygen 0 2 4 6 8 10 12 14 16 18 Number of Fish Observed 0 1 3 10 12 13 15 10 12 13 1. What patterns do you observe based on the information in Table 1? There is more of a fish population in areas where there is more dissolved
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RFID V BARCODE : A COST- BENEFIT ANALYSIS What is RFID? Radio frequency identification (RFID) is a generic term that is used to describe a system that transmits the identity (in the form of a unique serial number) of an object or person wirelessly‚ using radio waves. It’s grouped under the broad category of automatic identification technologies. RFID is in use all around us. If we have ever chipped sour pet with an ID tag‚ used EZPass through a toll booth‚ or paid for gas using SpeedPass‚ you’ve
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BALANCE OF TRADE AND BALANCE OF PAYMENTS – An Introduction The balance of payments account indicates a systematic record of all export incomes and import payments of a country during any year. Any import from abroad has to be paid for. On the other hand‚ any export will bring money flow into the country. If we subtract the total value of the imported commodities from the total value of the exported commodities of a country‚ what we obtain is called the ‘Balance of Trade’ of the country. If the
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The Benefits and Costs of Corporate Social Responsibility – Critique The article focuses on why companies engage in corporate social responsibility and the costs and benefits that may result. The many reasons that motivate companies to include CSR in its operations range from wanting to be good global citizens‚ trying to look good in the eyes of different stakeholder groups‚ trying to retain employees‚ drawing consumers to buy a company’s products or services‚ environmental concerns‚ or trying
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Abstract The costs and benefits of FDI for indonesia as the home country Nur masyitha Foreign direct investment (FDI) is an integral part of an open and effective international economic system and a major catalyst to development. Yet‚ the benefits of FDI do not accrue automatically and evenly across countries‚ sectors and local communities. National policies and the international investment architecture matter for attracting FDI to a larger number of developing countries and for reaping
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facility (Apollo Group‚ 2012). Before such an undertaking can be completed‚ it is required that an analysis and evaluation of the proposed plan be executed. In order to evaluate the predicted value of the Stanley Park Project to the community cost-benefit analysis should be done to find out if such a project will be
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Cost Benefit Analysis for the Three Gorges Dam William Zhi Introduction The Three Gorges Dam (TGD) and associated infrastructure is the largest integrated water project built in the history of the world. It has also been one of the most controversial due to its massive environmental‚ economic‚ and social impacts. Private costs: * Construction costs of the power station and transmission facilities --64.613 billion Yuan up to 2006 (source: "International Water Power and Dam Construction"
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Ethical Egoism and Utilitarianism are considered consequentialism theories because they both focus on the outcome of conduct as the primary motivation of that action and whether or not that conduct is ethical. Consequentialism is a moral theory that states that the consequences of one’s actions are the basis of any morality or judgement toward that action. The major difference between the two theories is where those acts are directed. Utilitarianism focuses on the idea of the greater good or to
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Cost/Benefit Analysis of the Sarbanes-Oxley Act Dariya Gogueva Kaplan University Cost/Benefit Analysis of the Sarbanes-Oxley Act US Congress passed the Sarbanes – Oxley Act (SOX) in 2002 in response to massive corporate and accounting scandals in companies such as Enron‚ WorldCom‚ and Tyco. The purpose of SOX was to improve the corporate behavior in the US‚ in order to prevent fraud and to gain investors’ trust and confidence in the market by implementing rules and restrictions. Since
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