Introduction to business_MGT21_MCQs 1) Which of the following business type has longest life time? 1. Sole proprietorship 2. Partnership 3. Joint stock company 4. All of the given options 2) Election of the Board of Directors is done by Shareholders. 1. Through special resolution 2. In annual general meeting 3. In Special meeting 4. In statuary meeting 3) Which of the following business type‚ has to pay double taxes to the government? 1. Sole proprietorship
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explains. “I even saw one manager use employees’ religious affiliation and medical conditions [against them]. All were unethical.” Instead‚ Lipot recommends that supervisors consider only qualifications and performance when making decisions. Nepotism Business is often “all in the family‚” but Lipot believes that’s not always a good thing. “There are still a few company owners who want to provide work to family members‚ even if it is detrimental to the company‚” he says. Instead‚ Lipot recommends that
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and unchanging values of right and wrong. In the world of business‚ priorities are constantly changing: there is no set purpose for businesses that underpins their existence. As a result of this‚ it can be claimed that natural moral law cannot be applied to issues of business ethics. On a different note‚ natural moral law is very much concerned with good‚ evil and the role of human reason in distinguishing between the two. Business ethics does not often involve clear cut decisions between right and
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and ethical codes on a corporate level‚ as well as a human level. What if a depressed person became more depressed? An angry person became more upset and hurt someone? This experiment is scandalous to say the least and violates accepted research ethics. Max Masnick‚ a researcher with a doctorate in epidemiology‚ quoted in the article‚ "I do human-subjects research every day". He continues to stick with his opinion that the structure of the experiment displays
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courses of action prior to taking action" (Dessler‚ 2001). Business plans at (My company) are built by completing thorough business assessments‚ making operational plans and making the financial decisions to provide the monetary resources to put the plan in action. Planning is important at all levels of management and its importance is often overlooked causing failures in many aspects of the daily operation of a business and the overall business plan of a corporation. The ongoing evaluation and analysis
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Business Ethics Across Culture Article Review Matthew Todd XMGT/216 June 2‚ 2012 Mike Ishmael Business Ethics Across Culture Article Review The first article I would like to elaborate on would be one about business ethics in Singapore. This country has the reputation of being very strict in nature and sometimes unforgiving in the consequences that they often give to people. Over time they have loosened their grip on social matters but still seem to be strict in their manners of business
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Business Research Ethics Maliaka M. McClendon RES/351 February 22‚ 2013 Henry Hoang Business Research Ethics When asking most people about ethics and morals‚ many think it is knowing the difference between right and wrong. A different way to define “ethics” is to focus on the disciplines that study standards of conduct‚ such as philosophy‚ theology‚ law‚ psychology‚ or sociology (Resnik‚ 2011). Regardless what area of the real estate industry you’re in finance‚ marketing‚ management‚ operations
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Define business ethics. Who determines whether a business activity is ethical? Is unethical conduct always illegal?Business ethics is the principles that determine the acceptable conduct in the business workplace. Customers‚ competitors‚ government regulators‚ interest groups‚ and the public determine whether a business activity is ethical. No‚ not all conduct is always illegal. 2. Distinguish between ethics and social responsibility. Ethics is the conduct that is acceptable in the business area
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Introduction In a business environment‚ ethics codes are applied with the goal to organize‚ balance and guarantee the same values and culture framework between all the employees in a workplace‚ trying to reduce the impacts of the different combinations of individuals’ background inside a company. This essay aims to demonstrate theory behind business ethics‚ corporate culture‚ and value codes. Also to introduce how this topic becomes more important as an executive become more senior inside the company’s
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My Perception of Personal Ethics and Professional Ethics: Ethics plays a vital role in shaping moral health of a person‚ a society‚ a government‚ or a corporate. Laws‚ and legislation however much necessary‚ will never fashion the attitude and character of a person‚ but ethics will. The sense of accountability to all stake holders‚ fair treatment to all in interpersonal relationships‚ integrity‚ and honesty are the parameters that characterize ethical behavior. Business sustainability demands ethical
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