5 Business Entity Concept- The business and the businessman are two different and distinct entities. I.e. that the firm and the partners‚ the company and the shareholders‚ the owners and the organization have their own distinct identities. All accounting is done from the perspective of the business. The accountant regards owners‚ creditors‚ suppliers‚ customers as parties transacting with the business. All transactions are viewed from the point of view of the business. Money Measurement
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What is the relationship between religion and morality? It is in my opinion that religion is dependant on morality and not the other way around. Through this‚ it can be stated that morality reinforces the development and evolution of religion. In this essay‚ I shall show that this is the case drawing from theories proposed by Plato‚ Kant and Berg. According to Jonathan Berg‚ “…a way to construe ethics as depending on religion would be on the basis of a ‘Divine Command Theory’ of ethics‚ identifying
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Value of e-business system e-business used to describe businesses run on the internet. increasingly‚ much direct selling is taking place on the internet of computer-related equipment and software. most of the company start to run their business on the internet because e-business is able to reach a much wider consumer base than the traditional one and also bring back much more benefit for the company. tangible benefits since they have online store and customers around the world start to
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Virtue Ethics – what it is (AO1 material) • Traced back to the philosopher Aristotle‚ who rejected Plato’s metaphysical account of goodness as a ‘thing in itself’. Aristotle thought that goodness is natural and psychological: just a part of being human. • Virtue Ethics makes ethical behaviour into the aim (telos) of life. • Aristotle puts forward ‘aretaic ethics’ (from the Greek arête – ‘excellence’)‚ stating that developing an excellent character is all-important‚ rather than following a set
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Management – A Multidisciplinary Approach Chapter 5 – Why Should a Business Manager Be Moral? • If we want others to worry about whether their treatment of us is right and just and fair‚ then we have to worry about our treatment to them – this is called reciprocity (exchange) • Our concern for the quality of our own lives Trust‚ Commitment and Effort • Trust‚ Commitment and effort is a 3rd moral action by managers that is build among all people (individuals‚ groups
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an inquiry into the original of our ideas of beauty and virtue natural law and enlightenment classics Knud Haakonssen General Editor Francis Hutcheson uuuuuuuuuuuuuuuuuuuu i i i i i i i i natural law and i i enlightenment classics i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i Francis Hutcheson i i i i i i i i Edited and with an Introduction by i i i i Wolfgang Leidhold i i i i The Collected Works and Correspondence i i of Francis Hutcheson i i i i i i i i i i i i
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assets a company has available to build its business. The number can be positive or negative‚ depending on how much debt the company is carrying. In general‚ companies that have a lot of working capital will be more successful since they can expand and improve their operations. Companies with negative working capital may lack the funds necessary for growth. One of the main advantages of looking at the working capital position is being able to foresee any financial difficulties that may arise. Even a business that has billions
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The Relationship Between Relevance and Reliability Accounting information provided by accounting entity must reach a certain quality standard‚ so that it can meet the users’ needs of accounting information. Financial accounting information quality has four basic characteristics‚ can be understandability relevance‚ reliability and comparability. Two of the greatest impacts on the accounting of the main accounting policies are relevance and reliability. When we compare and contrast any two subjects
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Coriolanus’ virtues of valour and integrity make him extremely unsuitable to fill the role of Consul in Rome. By exploring Coriolanus’ pure martial virtues‚ distinctive character and godlike status‚ it can be seen that to a very certain extent his is not Consul material. Coriolanus has been raised to behold only martial virtues and because of this he excels in battles. His warrior nature makes him fearless‚ dangerous and brutal‚ leaving him with no ability to be patient‚ humble and considerate
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Introduction Virtue ethics is a theory used to make moral decisions. It does not rely on religion‚ society or culture; it only depends on the individuals themselves. The main philosopher of Virtue Ethics is Aristotle. His theory was originally introduced in ancient Greek times. Aristotle was a great believer in virtues and the meaning of virtue to him meant being able to fulfil one’s functions. Virtue ethics is not so much interested in the question ’What should I do?’ but rather in the
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