of them might involve Pintos. And based on the calculation of societal cost components for fatalities‚ per fatality is two hundred thousand dollars which is a tiny number of costs for Ford to afford comparing to re-designing the tooling system and delay the instruction. What’s more‚ even though several people might be hurt by the introduction of Pinto‚ millions more consumers will benefit from the fuel effective and low cost products and thousands of workers in US will get jobs. Therefore‚ the magnitude
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products or even warn its customers‚ served the greater amount of good to those who are affected‚ hose who will benefit from the profit it will get. It has also regarded its decision as to having no instinctive value even when it is showing obvious consequences. The cost-benefit analysis that was used by Ford was also to blame. The cost amounting to $137M versus the $49.5M estimated for the cost of injuries‚ deaths‚ and car damages has been the deciding factor for Ford not to implement the design changes
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LIST OF CONTENTS 1. Terms of Reference 1.1 Association of Accounting Technician 1.2 Report Objectives 2. Methodology 2.1 Analysis of the current accounting system 2.2 Weaknesses in the system 2.3 Recommendations and Cost Benefit Analysis 2.4 Business Report 2.5 References 3. Nature & Structure of Inkwell Ltd 3.1 Company History 3.2 Organization chart 3.3 Departments 3.4 Financial Health 4. Executive Summary 5. Description of the current
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The Creative Toys Company‚ a small firm that specializes in producing small wooden toys‚ was started by John Wilson. The company is proud of its history‚ stability and growth in the industry. Low turnover rates are result of good wages and fringe benefits. One department in particular the transportation department had been highly productive. The plant manager recently decided to bring consultants to determine if production could be increased‚ one recommendation dealt with rearranging the work areas
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Tutorial and Lab 4 – SD3043 Risk management - security 1. What is risk management? Answer: Risk management is the process of discovering and assessing the risks to an organization’s operations and determining how those risks can be controlled or mitigated. 2. List and describe the key areas of concern for risk management. Answer: Risk identification‚ risk assessment‚ and risk control. 3. Which community of interest usually provides the resources used when undertaking information asset risk management
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To insist that any civilized nation attempt to combat irrational‚ hostile nations or terrorist organizations by following international law is itself irrational. The UN and international law in general need to be able to adjust to face unique threats. Fighting an enemy that does not adhere to rules of warfare or international law while “playing by the rules” is a recipe for disaster. A simple example of this is the use of uniforms. The Geneva Conventions provided that lawful combatants must wear
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seek new sources of revenue as a step toward deregulation and to reduce the need for rate increases which higher costs would bring‚ the PDS had begun selling computer time not needed by the parent company to other businesses. However‚ Public Service Commision restricted that the average monthly charge for service by the subsidiary to the parent not exceed $82‚000‚ which was the estimated cost of equivalent services used by the parent company in 1994. By the end of 1996‚ income of Prestige
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perform a cost analysis before privatization‚ especially if the government will remain as a participant in the bidding process. The cost analysis will provide the government with cost information for accurately pricing the bid. In case the government is not going to be a participant in the bidding process‚ the cost estimate will provide the government with an estimate on how much to pay for a service. For example‚ if the government wants to engage in a firm fixed price contract‚ a cost analysis will
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Failed controls = Not Effective controls from Question 1 a. Stage 1:Established TV return processes and ASCs report to TV division: Failures of these controls were due mainly to no existence of a punishment policy. In addition‚ there was too much trust placed on the employees. The 1985 employees loyalty is long gone . Behavioral constraint is seen here for fraud is no part of the employees culture. There is a lack of direction for there is no report or form of supervision for ASCs. Communication
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to offer. 2) You have to provide convincing statement why the customer needs the product or service. 3) At last‚ illustrate the return of investment (ROI). A product or service demonstration should also be included in order to know the benefits and advantages. An effective proposal has an increase the chances of attaining positive results. It has included 4 main points:- 1) Introduction; 2) Background of the Study; 3) General Objectives; 4) Specific Objectives - To discuss
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