Some scholars in Islamic economics argued that the concept of time value of money is a key to the door or riba which is prohibited in Islam. However‚ some scholars are of the opinion that time value of money is a concept valid in Islamic economics. What are your opinions on this issue? DISCUSSION: Islam prohibits riba because riba deprives justice and discourage people from undertaking real economic activities. Profit earned from money that is loaned to debtor is considered as interest or usury
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From a sociological perspective‚ marriage and family are both seen as institutions. Marriage is the institution of commitment and obligations between two people who benefit sexually and economically. Family is the institution where a parent commits to physically‚ mentally and emotionally for their child/children. People decide to get married for several different reasons. One reason is for the availability of sex. It is thought that married people will have sex more often than single people but
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Value appropriation: vital in achieving sustained competitive advantage Table of contents 1 Introduction 3 2 The role of marketing 4 3 Measuring marketing productivity 5 3.1 Customer Satisfaction and future cash flows 7 3.2 Shareholder value 9 4 Creating sustained competitive advantage 10 4.1 Value creation versus value appropriation 10 4.2 Strategic emphasis in practice 11 5 How to prevent imitation? 13 6 Limitations
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Values are very important to me because they guide me and form my priorities and behaviors. They work for me as indicators to show me if my life is moving the right way and going the way I want it to go. Your lifecycle comes to be less tensed and more effective when you recognize your own values. Eventually you make the effort to live by and worship these beliefs. Some of the many beliefs I honor are‚ forgiveness‚ love hope‚ honesty‚ respect‚ dedication and success‚ appreciation‚ caring and many
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Abstract: For a very long time‚ Values have been considered extremely important in the basic functioning of the organization – to explain the action in and around organizations. The formation of organizational values takes place within the sphere of influence of external and internal forces‚ and therefore‚ a combination of several important determinants should be taken into account in order to understand the rationale behind the values held by organizations. Introduction We have had great leaders
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Personal Values Personal values are beliefs‚ missions‚ or philosophy that is meaningful on a personal level. They are reinforced by emotions and feelings‚ which turn mental perceptions into vital passions that we hope to realize in our lives. Whether we are consciously aware of them or not‚ every individual has a core set of personal values. Whatever our values are‚ when we take them to heart and implement them in our lives‚ great accomplishments and success happens. When we implement‚ commit
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Introduction A personal and/or cultural value is an absolute or relative ethical value‚ the assumption of which can be the basis for ethical action. A value system is a set of consistent values and measures. A principle value is a foundation upon which other values and measures of integrity are based. Those values which are not physiologically determined and normally considered objective‚ such as a desire to avoid physical pain‚ seek pleasure‚ etc.‚ are considered subjective‚ vary across individuals
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Value of Education In his essay “Is College Worth the Money?”‚ Daniel S. Cheever‚ Jr. contends that‚ “The real question is whether students are getting their money’s worth” (102). He emphasizes the value of education and not only the cost. Higher education is the focus of Cheever’s essay‚ but I believe the same question of worth can be asked concerning elementary through high school education as well. Both public and private schools offer distinctive educational opportunities and each individual
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Terrorism and counterterrorism are reasonably accredited areas to study because of all of the terrorism in the world (Roberts 2014). Terrorism can be examined from many different perspectives. To build on that point terrorism can be studied from a sociological perspective. Turk (2004) argues that sociology is a social construction. When society labels certain events as terrorism the government will begin to apply these labels (Turk 2004). If a powerful government‚ like the United States of America
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of people beliefs‚ one must first understand the dominant values of their culture‚ which is passed down from one generation to the next. After analyzing and identifying for some quite time‚ Sociologist Robin Williams identified fifteen core values for the United States and how they shaped the America that we see today. These values do not apply to everyone in every situation in America and there are exceptions to all of the dominant values. The United States is not the “melting pot” that we see today
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