1. What is capital-market efficiency? What are its implications for investment performance in general? What are the implications for fund managers‚ if the market exhibits characteristics of strong‚ semi-strong‚ or weak efficiency? Capital-market efficiency evolved from the PhD in the 1960s dissertation by Eugene Fama. The Efficient Market Hypothesis‚ states that at any given time and in a liquid market‚ the prices of securities fully reflect all the available information. EMH exists to varying degrees
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ETHICAL ISSUES IN ADVERTISING Advertising is a paid non personal communication about an organization and its products that is transmitted to a target audience through a mass medium. It is a kind of promotional activity. Advertising is widely criticized. Advertisements often do not include much objective information for the simple reason that their primary function is not that of providing unbiased information. Exaggerated claims and outright falsehoods are the most obvious targets for complaints
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Many ethical issues can be presented when working in the medical field; a few major issues are presented in the case of Schizophrenia. Schizophrenia is a mental disorder in which people may hear voices in their heads that tell them to do immoral things‚ which are not there. A Schizophrenic person may also sit for hours without moving or talking‚ and are not completely sane. This disorder is a result of genetic and environmental factors. One of the issues that are involved with schizophrenia is telling
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are not there‚ so George can meet guidelines. Bill‚ George’s superior has proposed relocating the plant 15 miles south to Mexico‚ where government regulations on air quality are almost non-existent. George is at a crossroads now‚ faced with many ethical and social dilemmas. Stake-Holders The stake holders are as follows: George – As manager of the plant in question‚ George is at the center of the current situation‚ and is in charge with any future decisions affecting the rest of the stakeholders
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have read and interpreted from the case‚ the main issue is the ethical criticism of the fast food giant‚ McDonald‚ in Europe. By referring to the case‚ the organizational ethical issues which are filled around McDonald consist of food health‚ ill-treatment of animals‚ exploitation of children‚ and destruction of rainforests. Besides‚ anti-globalization‚ anti-American‚ anti-McDonald’s activism‚ and Europe governments had also been the concerns and ethical challenges for the fast food giant. First of
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replacing the battery‚ along with the fact that the iPhone battery is not replaceable by users‚ has generated an outrage among iPhone users. The first ethical dilemma is related to the fact that Apple directly sells the iPhone to customers‚ which means that no retailers can buy the iPhone in bulk. Consequently‚ whatever price Apple sets becomes the market price. Apple can easily control the iPhone price by controlling its availability. Unlike rebates or discounts available with other mobile
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Ethical Issues with Termination At-will employment means that the employee or employer has the right "to end the employment relationship at any time with or without notice or cause." (FedEx Office: AllBusiness‚ 1999-2009) Involuntary termination is a touchy subject for employers and it can happen for numerous reasons: specific cause‚ such as stealing‚ poor performance‚ and layoffs due to lack of work. Even though most companies have an "at-will" relationship with their employees‚ it is still
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Ethical issues in the retail pharmaceutical industry: An analysis of the ethical dilemmas faced within Chaguanas Drug Mart Limited Abstract: The ethical duty of a pharmacy is to promote a patient’s best interest. However‚ certain obvious ethical issues will arise. Within any business involved in bulk purchasing the issue of unconscious theft will also occur. The following paper focuses on the application of ethical theories that supports as well as argues the behavior within Chaguanas Drug Mart
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Medicolegal and Ethical Issues Ethics are the study of right and wrong behavior or a set of moral principles. Morals are defined as rules or habits of conduct based on right and wrong. In regards to the relationship with the patient‚ the EMT must do no harm‚ be in good faith‚ and the patient’s best interest meaning the decisions of the EMT are based on providing the best care for the patient. Decisions are never made to benefit the EMT or any other person. There are several ethical conflicts that
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Ethical and Moral Issues in Business Ethical and Moral Issues in Business Ethics and morality are thought to have the same meaning. In reality both have different meanings‚ but come together in values and tradition. Moral values are taught to each human being by its own upbringing from home‚ school‚ and social environment. Everyone identifies morality differently. For example‚ some may think that the correct thing to do is to marry before living with someone; others may think that it is correct
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