Formative Essay Business Ethics and Society ‘The main responsibility of business is to increase the profit for its shareholders – discuss ’. First I am going to explain the role of shareholders and how they affect the decision making of businesses. I will then discuss other stakeholders and the responsibilities that the business ‘owes’ to them. I also plan to look at examples of real life businesses that have made decisions based on the different stakeholder’s needs and wants and compare
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J.C. Chandler’s 2011 film Margin Call examines the actions of an investment firm’s key decision makers during the earliest stages of the most recent financial crisis. Chandler does a good job with the characters of this movie he isn’t necessarily looking for a villain in a mess like this nor any lengthy explanations; he’s going deeper than that. He goes more for societal costs of high finance‚ the power of self-rationalization‚ and the easy embrace of personal corruption. The movie is filled with
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Lecture 3 1. Assume you purchased 700 shares of XYZ common stock on margin at $50 per share from your broker. If the initial margin is 65%‚ how much did you borrow from the broker‚ what is the margin? 2. You purchase 100 shares at $60 per share and margin = 50%. Suppose stock rises to $80/sh (increase of 33%). What is your return? Suppose stock drops to $40/sh (decrease of 33%). What is your return? 3. Investor opens a brokerage account and purchases 300 shares of XYZ at $40 per share. She borrows
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Operational Management Chapter 1: Strategy and competitiveness OM (Operational Management) is use to create customer value through effective processes in both product and service-based organization. Core competence A bundle of skills that enable a firm to provide the greatest level of value to its customers in a way that is difficult for competitors to match and that provides for future growth. Core competences are embodied in the skills of the workers and in the organisation. They are developed
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required a. yearly. b. quarterly. c. monthly. d. every time financial statements are prepared. 6. Each of the following accounts is closed to Income Summary except a. Expenses. b. Owner’s Drawing. c. Revenues. d. All of these are closed to Income Summary. 7. Which of these items would be accounted for as an expense? a. Repayment of a bank loan. b. Dividends to stockholders. c. The purchase of land. d. Payment of the current period’s rent. 8. Which of the following would not be included
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and publically-quoted book retailer and newsagent in the UK. Recently it was reported how Kate Swann‚ the former CEO for the last 10 years‚ has turned the company around from £135m losses to £106m profit in a decade. (source: www.theguardian.com/business/blog/2013/jan/23/wh-smith-kate-swann-profit‚ accessed 1 October 2013) (Also see copy attached) This is an example of how the principles of operations management can be used to reactivate a firm. How did she do it? Using the above as a starting
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Types of Stem Cutting! Herbaceous Cuttings These cutting are made from non-woody plants such as house plants and perennials. Appromaxite a three to five inch piece of stem is removed from the parent plant. Leaves on the lower section roughly about one third to one half of the stem are removed. A higher percentage of the cuttings roots germinate and they do so quickly. Softwood Cuttings (Leafed cuttings) These cuttings are prepared from soft‚ woody plants just as they are about
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Apollo Accounting and Control Systems: Purchasing and Expenditure Cycle The employee prepares a purchase requisition and has a supervisor approve it. The supervisor retains Copy 2 of the pre-numbered purchase requisition for the department‚ sends Copy 1 to the Purchasing Department and Copy 3 to Accounts Payable. When the Purchase Department receives the purchase requisition‚ they search the approved vendor list and consult the listed prices for the goods desired for each vendor. Once a vendor
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to talk about a demonstrative speech about cutting cucumbers because my husband is all about safety. When I got married there are certain things my husband taught me and being as though that he is couple years my senior‚ I usually decide to listen to his expertise. The reason why I chose to write about this category is because for many years I used to cut my vegetables a certain way‚ up until I got married. When he was demonstrating to me about cutting cucumbers he used a plate rather than a bowl
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the conventional perception of twins‚ they are not always the image perfect couple we have always imagined them to be. In the case of Abraham Verghese’s Cutting For Stone and Arundhati Roy’s The God of Small Things‚ both authors establish a unique aspect on twins that many of us would not consider the accepted norm of twin “ideology”. In Cutting For Stone‚ we are presented with a epitomical situation of two twins that are conjoined by an artery in their heads. It’s an extremely typical scenario in
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