manager’s ethical decision for the best of the company that is the utilitarian view‚ rights view‚ theory of justice and lastly integrative social contracts theory. This essay will discuss on the four views of ethics and relate each of the views with a recent example. Discussion The first view is the utilitarian view of ethics. Most of the company will choose to use this view because it does not contradict with such business goals as efficiency‚ productivity and gives high profits (Robbins et al. 2003)
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Equity Method If owned shares are 25% or more then Significant influence so Equity Method is used eg. Take 25% of income Investment Income = Less % of Dividends Paid + % of Net Income + Impairment Calculation + Amortization of Excess Payment of FV of Assets Note: Do not record Share Price Increase or Decrease 2013-24‚ 2013M1-31‚ 2008-82 Co. Q’s share of the excess of fair value over book value of the asset should be amortized over the life of the asset and charged
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The Sippican Corporation Case Study (A) Management Summary Sippican Corporation - a supplier of valves‚ pumps‚ and flow controllers to manufacturers of water purification equipment – faced concerns due to the fact that its competitors have been reducing the price of pumps‚ which was a major product line. According to Sippican’s cost accounting system further decrease in the price of pumps would not be acceptable as because of the past price reductions the margin on pumps have already declined from
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Submitted by: dsjfhsuhdf May 8‚ 2012 I Introduction to Decision Making Decision making can be regarded as the mental processes (cognitive process) resulting in the selection of a course of action among several alternative scenarios. Every decision making process produces a final choice. The output can be an action or an opinion of choice. Moreover‚ most complex managerial decisions are made with some uncertainty. Managers authorized substantial capital investments with less than complete
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Chapter 1 Introduction to Simulation A simulation is the imitation of the operation of a real-world process or system over time. Whether done by hand or on a computer‚ simulation involves the generation of an artificial history of a system‚ and the observation of that artificial history to draw inferences concerning the operating characteristics of the real system. The behavior of a system as it evolves over time is studied by developing a simulation model. This model usually takes the form
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Chapter5. Benefit of planning: persistence‚ direction‚ intensified effort‚ and creation of task strategies. Pitfalls: false sense of certainty‚ impedes change and adaptation and detachment of planners. How to make a plan work: setting goals‚ developing commitment to the goals‚ developing effective action plans‚ tracking progress toward goal achievement and maintain flexibility in planning. Setting goals: SMART specific‚ measureable‚ attainable‚ realistic and timely. The determination to achieve a
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FLOW INDUCED VIBRATIONS IN PIPES‚ A FINITE ELEMENT APPROACH IVAN GRANT Bachelor of Science in Mechanical Engineering Nagpur University Nagpur‚ India June‚ 2006 submitted in partial fulfillment of requirements for the degree MASTERS OF SCIENCE IN MECHANICAL ENGINEERING at the CLEVELAND STATE UNIVERSITY May‚ 2010 This thesis has been approved for the department of MECHANICAL ENGINEERING and the College of Graduate Studies by: Thesis Chairperson‚ Majid Rashidi‚ Ph.D. Department & Date
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2 NAME: MWAMBA GILBERT COMP#: 28003411 COURSE: EE 562 GROUP MEMBERS : KAVUMBA PRIDE NALUMINO ILUBALA ATTENTION : IR. D.M. NGENDO TITLE: DEADBAND AND STEP RESPONSE OBJECTIVES To study the deadband and step response of a position control system. To observe the effect of gain changes on the effect of added inertia upon the step response. EQUIPMENT REQUIRED 1 operational Amplifier unit 150A 1 Attenuator unit 150B 1 pre-Amplifier Unit 150C 1 Servo Amplifier 150D 1
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Discussion Paper #1 Technology is the collection of tools‚ including machinery‚ modifications‚ arrangement and procedures used by humans. Technologies involve the manipulation of the environment to meet certain human needs such as food‚ shelter‚ communication‚ and health. The development of various technologies has been affected by and has affected the environment‚ human societies‚ and science. One piece of technology that has influenced humans significantly has been the computer
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See discussions‚ stats‚ and author profiles for this publication at: http://www.researchgate.net/publication/235762820 Developing a Framework to Identify the Factors Affecting the Measurement of Organization Readiness for Business Process Reengineering Implementation : an Exploratory Factor Analysi... ARTICLE · DECEMBER 2012 READS 116 3 AUTHORS‚ INCLUDING: Khodakaram Salimifard Farid Saeedi Persian Gulf University Persian Gulf University 12 PUBLICATIONS 181 CITATIONS 3 PUBLICATIONS
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