Explain the difference between absolutist and relativist ethics. The Absolutist theory is the theory that certain things are right or wrong from an objective point of view and cannot change according to culture. Certain actions are intrinsically right or wrong‚ which means they are right or wrong in themselves. This is also known as deontological. The relativist theory is the theory that there are no universally valid moral principles. All principles and values are relative to a particular culture
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Explain the difference between operational effectiveness and strategy? Operational effectiveness and strategy are both essential to superior performance‚ which after all is the primary goal of any enterprise. A company can outperform rivals only if it can establish a difference that it can preserve. It must deliver great value to customers or create comparable value at lower cost‚ or do both. Delivering greater value allows a company to charge higher average unit price‚ greater efficiency results
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DEFINITION OF THE THEORY Likert theory called Likert’s Management Systems Theory. Rensis Likert developed this theory in the 1960s. He outlined four systems of management to describe the relationship‚ involvement‚ and roles of managers and subordinates in industrial settings. He based the systems on studies of highly productive supervisors and their team members of an American Insurance Company. Later‚ he and Jane G. Likert revised the systems to apply to educational settings. They initially intended to
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Organizations and the System Concept (Katz + Kahn) -To understand human organizations it is best to describe what is important in their form‚ aspects‚ and functions by looking for the cycles of growth + decline and predicting their effectiveness. -Common sense approaches to understand organizations rely on two key assumptions which can be misleading: 1. Nature of an organization of organization are indicated by name of organization 2. Organization has inherent goals a. Decided by managers
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COMMON ACCOUNTING SYSTEM INTRODUCTION 1. Most of the State Cooperative Societies Acts have provisions regarding preparation and submission of financial statements such as Balance Sheet‚ Profit and Loss Account and Trading Account of PACS. However‚ the formats for financial statements of PACS have not been prescribed in many States. The existing formats have evolved over a period of time on the basis of instructions from the RCS‚ Director of Audit‚ etc.‚ There is no uniformity and transparency in
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The movie And Justice For All was released in June 1979 and stars Al Pacino‚ Jack Warden‚ John Forsythe and Lee Strasberg and. A academy award nominated movie it takes place in Baltimore. Arthur Kirkland‚ played by Al Pacino is a defense attorney in Baltimore who is known as an incorruptible attorney who attempts to initiate reforms in the Maryland justice system. The movie starts with Kirkland in jail on contempt of court charges he received while arguing the case of an innocent defendant. Kirkland
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foreign country‚ understanding local culture is often overlooked and has caused more business failure than any other business aspect. But what is culture? How different can a culture be? How to understand and adapt to a different culture? To answer all these questions‚ we had with us Mr. Amar Raj Singh‚ Owner of Gamma Pizzakraft Pvt Ltd who took out time from his busy schedule to enlighten us on this crucial topic. After a warm welcome‚ Mr. Singh started the lecture on a rather humorous note and had
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of children and young people and how they are safeguarded in law. 1. What is the difference between a. and a. Right to life‚ survival‚ and development: Children have the right to life and to enjoy the highest attainable standard of health. They also have the right to adequate nutrition‚ housing‚ and access to education. 2. What is the difference between a’smart’ and a’smart’? Right to
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Organizations as Social Systems Walsh College MGT-670 Strategic Management Table of Contents Systems are everywhere. They are found in the physical‚ biological‚ and social worlds and they range from simple to complex. For example‚ there are biological systems (for example‚ the nervous system in the human body)‚ mechanical systems (for example‚ the braking system in a car)‚ human/mechanical systems (for example‚ riding a bicycle)‚ ecological systems (for example‚ predator/prey)
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CYP31.1.2 Explain the difference between sequence of development & rate of development & why the difference is important. 1. What is meant by “sequence” of development? Sequence of development is when there is a define pattern to a child’s physical development. A baby may start their physical development with rolling over & crawling‚ another may sit up and walk missing out the rolling over and crawling. For an activity plan for a child to develop order of sequence I ask them to think of
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