FOR WEEK 2 ECO 365 What is the relationship between productivity and the cost of production? The relationship between productivity and the cost of production is your cost per day or per hour compared to your productivity. By examine these two things together. The productivity which is your output for the amount of hours worked compared to the total cost of a certain item – you will be able to reach a “break even analysis” showing you how much you need to a make minus the total coast to make
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This file PHI 445 Week 2 Discussion Questions has right solution to the following tasks: 1. What are the differences between Capitalist‚ Socialist‚ Fairness‚ and Libertarian notions of justice? What are the strongest and weakest parts of each theory? 2. Assess the promotional practices of the companies in terms of the moral standards that you think are appropriate for the sort of environment in which the companies are operating. Relate your assessment to the three theories of the manufacturer’s duties
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1. The current “widely accepted standard” defines poverty as living on less than 2$ per day. Extremely poverty would be living on less than 1$ per day. The way this definition varies from issues of inequality and economic welling being is people who do not have the “basic necessities -- the food‚ the shelter‚ the clothing-- that they need to lead a reasonable life is seen as poverty. However Issues of inequality and distribution of other measures of well being says that there no way to “adequately
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Respond to at least two of your classmates’ posts by Day 7. Each classmate must be from a different group‚ other than your own. Responses to your peers should be at least 100 words in length. Remember that this is a discussion. If a classmate or your instructor asks you a question‚ it is your responsibility to respond. Describe the difference between township (village) police‚ city police‚ and county police (sheriff’s office). Police officers have a limited local jurisdiction‚ usually within
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Master Budget The master budget is a comprehensive summary of a business’ long and short-term goals. “It is a set of interrelated budgets that constitutes a plan of action for a specified time period” (Weygandt‚ Kimmel‚ & Kieso‚ 2008‚ p.4). It brings together long-range plans and short-term budgets. It provides calculated targets for sub-activities such as target sales‚ distribution‚ production‚ and finance. In addition it helps calculate any other item of financial interest to the business owner
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Whistleblowing and Sarbanes-Oxley Assignment 1 Introduction Ethics is an extremely important aspect of the culture of a company. Ethics is a set of moral principles: a theory or system of moral values. It is vital that each company adhere to an ethical code. Often times the morale of employees decrease for a variety of reasons. This decrease or lack of morale causes employees to begin to act in an unethical manner. Unethical behavior tends to be a common practice
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effect on a project. The concern is those who have a negative impact on the project. It is noted that diverse types of stakeholders are engaged in a variety of ways in the many stages of the project‚ from collecting and providing information‚ to discussion‚ exchange of ideas‚ collaboration‚ and alliance. Full participation of stakeholders is needed in both project design and implementation is order to promote success. Therefore‚ it is vital to identify all the stakeholders who could hinder the progress
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Discussion Questions 1 & 2 The Ron Jon Surf Shop is similar to the Hilo Hattie website is the sense that they both sale beach wear for men‚ women‚ and young children. They both are sunny beach wear type online stores to sale retail as well as other products. The web designs are similar in the sense that they use individuals who are happy and joyful to help sale product. They are different because Hilo Hattie is focused around Hawaiian products and clothing styles‚ whereas Ron Don Surf Shop not
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Week 4 Reflection Summary ECO/372: Macroeconomics July 8‚ 2013 Dr. Joe Timmerman Week 4 Reflection Summary In week 4‚ we discussed the problems with the fiscal policy and how we felt about the limits of the fiscal policy. When spending is greater than income there is a deficit; a deficit is a shortfall of revenue payments. Some of the team struggles with understanding when the economy is in a recession‚ why a deficit is good for the economy. As a team we also reviewed the total debt in the
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Interest rates is the percentage that is adding to principal amount being borrowed. Our economy has businesses that are started by investors that have capitol to lend for a cost. Businesses need to lease buildings‚ buy products to have on hand‚ and pay staff to operate the business. Small businesses have more short-term interest rates that are more appealing to investors to stand behind with less risk. It depends on how the economy views the uncertainties that will determine how they will react to
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