The scope of ethics indicates its subject matter. Ethics as normative science deals with moral ideal or the good in order to enquire the nature of our conduct. It enquires into the nature of the springs of actions‚ motives‚ intentions‚ voluntary actions and so on. It determines rightness or wrongness of human actions. It does not enquire into the origin and growth of human conduct. As a science of morality ethics discusses the contents of moral consciousness and the various problems of moral consciousness
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is with other intermediaries then the intermediary is a wholesaler. If over 50% of sales is with the consumer‚ then the intermediary is a retailer. Firms can engage in wholesaling activities without being wholesalers. Return to Contents Nature and Importance of Wholesaling Approximately a $1.94 trillion industry in the US 300‚000 wholesaling establishments in the US Employ 6.5 million people‚ down from 6.57 million in 1989 Very competitive. Wholesalers will be eliminated from a channel if they
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| |[pic] |Credit card loans up to a specified limit. | |[pic] |Loans of surrender value of an insurance policy. | |[pic] |Home mortgage loans. | |[pic] |Borrowings collateralized by cash
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Dimitrios Kapelonis Management 4963 Article: Leadership Increase Your Productivity—Not Your Hours Many business owners have a difficult time making their business productive both in the operations and in managing their employees. Making decisions efficiently aids in making your office/ and or business more productive. The definition of a good employee has changed drastically in the last 5 years. It went from being defined as the individual who comes to the office on weekends‚ works long
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Manila Evaluation of Article I Section 5 of RA 9292 Nature and Scope of Practice of Electronics Engineer Profession Gaudencio C. de los Santos Jr A report submitted in partial fulfillment of the requirements for the subject of RESEARCH SEMINAR 2 DR. FLORIÑO O. IBAÑEZ (Professor) 11 JUNE 2013 CONTENTS Chapter 1 Introduction The State recognizes the importance of electronics engineering in nation-building and development
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Importance of Business Sanela Hamidovic October 13‚ 2012 MAN104 Evan P. Jones Importance of Business 1. Why is it important to hire an accountant for the business? It is very important to have accountant in your business. In video Maureen Costello said if you don’t have understanding of accounting that your business will fail. The important of accounting is to control money. She stated how cash is important for business even if you have profit coming in but you don’t have cash your
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1. Explain what questions managers need to ask first to begin the strategy management process. Managers need to ask: what are we about? What is our mission? How do we accomplish our goals? What are our values? And managers need to begin with the end in mind. 2. Disney’s mission is to make people happy. Better World Books’ mission is to collect and sell books online to fund literacy initiatives worldwide. How have these mission statements impacted firm performance? Do mission statements affect competitive
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Nature of Management • Coordinating a business’ resources to achieve goals. • Working with/through others to achieve goals in a changing environment. Features of effective Management • Joint efforts of employees are directed towards achieving the business’ goals. • Major factor influencing success or failure. Skills of Management • Ability to do something well. • Effective managers possess a range of skills and are able to use them in different situations. 1. Interpersonal •
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Policy - is a predetermined course of action which is established to provide a guide toward accepted business strategies and objectives. Policies identify the key activities and provide a general strategy to decision-makers on how to handle issues as they arise. This is accomplished by providing the reader with limits and a choice of alternatives that can be used to "guide" their decision making process as they attempt to overcome problems. Characteristics of a Policy 1. Are general in nature
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1.1 Nature of Business Activity Factors of Production Land … all the natural resources Labour … all the human effort (physical and mental) Capital … the manufactured resource used in the production process Enterprise … the unique ability certain people have in organising factors of production Combining the factors Labour Intensive Capital Intensive Division of Labour and Job Specialization Benefits Increased Production Lower Costs Efficiency Standardization
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