occurred and banks are leaders in any country’s financial system. PROPERTIES OF CONVENTIONAL BANKING Conventional banking‚ also known as commercial banking‚ has its own unique properties. 1. Interest based banking: Conventional banks are business firms‚ and their primary aim is to make profits. These are financial institutions that bridge the gap between surplus and deficits units. They accept funds from the public and place them into current‚ savings or fixed deposit accounts. The lenders
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Wal-Mart Business Ethics RES/351 09/10/2012 Sara Skowronski Wal-Mart Business Research Ethics "The real problem today is the ineffective and inconsistent oversight of professional boxing‚ which has led to continuing scandals‚ controversies‚ unethical practices‚ and unnecessary injuries and deaths in the sport‚" once quoted by Charles W. Pickering. Wal-Mart has developed to become one of the biggest retail store in the world. Being one of America ’s biggest
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Protection Dealing with government regulation in business is an integral part of a manager’s responsibilities. Recognizing what actions might violate particular consumer protection regulations is crucial to protecting the company and to insuring its profitable operation. Government regulation is found every day in the operation of businesses large and small‚ and once understood‚ it allows managers to make good decisions regarding business practices. When you have completed this topic‚ you will
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Critically evaluate Durkheim’s sociological approach to the analysis of suicide Emile Durkheim‚ a French sociologist‚ is often acclaimed as being one of the key pioneers of the academic discipline‚ sociology. Durkheim is perhaps most renowned for his publications of controversial monographs‚ which conveyed the methods and subjects of‚ in his time the new science of sociology. His work was translated into English and is still in print today‚ this displays just how fundamental his studies are in
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“Business research is defined as a systematic inquiry that provides information to guide managerial decisions. It is the process of planning‚ acquiring‚ analyzing‚ and disseminating relevant data‚ information‚ and insights to decisions makers in ways that mobilize the organization to take appropriate actions that maximize performance.” (Cooper & Schindler‚ 2011‚ p. 5) “Ethics is the concepts and fundamental principles of decent human conduct. It includes study of universal values such as the essential
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BWFS3023 Islamic Accounting 2nd Semester 2012/2013 Short Essay Assignment Instruction Please answer all the questions below. The assignment should not less than 3 pages and not exceed 10 pages including references. Question 1 The differences between Islamic accounting and conventional can be seen in the context of the basis differentiation which is: (1) objective of providing information‚ (2) the type of the information that is identified‚ how it is measured‚ recorded and communicated
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Ethics is the study of moral philosophy‚ namely understanding which actions would be considered righteous or wicked. The secular interpretation of ethics explains that every person has a conscience that grimaces at evil and warns the wicked to repent. However‚ secular ethics has differing explanations as to why humans have this innate ability to know what behaviors ought to be avoided or encouraged. The scientific explanation posits that man’s conscience came from instincts that evolved due to biological
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Outline two perspectives of sociology with which you are familiar.In your discussion use an issue of your choice to illustrate the differences or similarities of their approach to it. Sociology is an academic‚ scientific discipline which examines how the individual and society interacts. The concern of sociology is the mutual influence of the individual and society-it is about how individual shapes the society and how the society is affected by individual ’s wants and interests. Sociologist
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Strategies Seminar Session Week -6 Class room discussions: • Assess the benefits and disadvantages of relationship marketing strategies. • How relationship marketing strategies for B2B interface may differ from those of B2C? • Collect 3 business examples when CRM pitfalls were avoided and analyse them. Directed learning Please go through the following journal articles and the core textbook to solve the above questions: • Gummesson‚ E. (1994)‚ “Making relationship marketing operational”
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PROJECT MANAGEMENT GROUP ASSIGNMENT Table of Content 1. Business ethics of project manager 4 1.1. Motivation theory 4 1.1.1. Maslow’s hierarchy of need 4 1.1.2. Theory X and Theory Y 4 1.1.3. Reinforcement Theory 5 1.2. Business ethics 5 1.2.1. What is business ethics 5 1.2.2. Utilitarianism theory 6 1.2.3. Equity theory 7 1.3. Standard for international project managers 7 1.4. Social responsibilities 10 2. Impact of environments 11 2.1. Macro-environments 11 2.1.1. Cultural society Environment
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