Essay: “what are advantages and disadvantages of ethical behavior in business?” Business Ethics Some commentators‚ such as Milton Friedman‚ believe that the "primary and only responsibility of business is to make money" while abiding by the law. Supporters of this point of view argue that companies’ self-interested pursuit of profit benefits the whole of society. Profitable businesses clearly benefit shareholders‚ but other commentators‚ such as Edward Freeman‚ argue that businesses should also
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colleague Seedy Mohamed Ceesay for your constant help and encouragement. Finally I owe a big thank you to my lecturer Mr Amara. Keep up the good job of trying to make us understand. INTRODUCTION A small business is a business that is privately owned and operated‚ with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations‚ partnerships‚ or sole proprietorships. The legal definition of "small" varies by country and by industry
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entrepreneur in a small business‚ his opinion was “a person who takes control of his or her own destiny to become self employed either by setting up a business or taking over from someone else.” The purpose of this report is to investigate the nature of small business-owner-managers in the Information Technology industry and their managerial environment. The analysis comparison will be looking individually at the two entrepreneurs and their respective business as a small business owner-manager operating
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Online shopping is a kind of electronic commerce that consumers could purchase products or services and finish the payment directly through specific websites. Taobao‚ an online shopping platform‚ is becoming more popular among teenagers in recent years. The increasing significant of online shopping arouses public concern. Some customers appreciate this form of shopping due to its convenience. While some of them concern that it might trigger negative effects on teenagers. This paper examines
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The disadvantage of internet With the rapid development of science and technology. The internet is becoming more and more popular among us and playing a more important part in our daily life. Meanwhile it is changing the world and has lots benefits. But it has its disadvantages. Up to now‚the internet condition is rather complicated.As we all know‚it can help people search the information that people need and provides a lot of convenience and entertainment with the people.However‚there is a great
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Advantage and Disadvantage of AEC 1 Business of Tourism in Thai will grow: Because Thai is the center of the AEC according on geographic then Thailand will be the main hub for travelling though other country 2Economic Growth: more opportunity for each country because of the bigger size of market and free flow of labor and capital 3 Free Trade Area a common external preferential tariff scheme to promote the free flow of goods within ASEAN.[44] The ASEAN Free Trade Area (AFTA) is an agreement
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as every thin has two sides internet also has advantages and dis advantages. Advantages: Email. Email is now an essential communication tools in business. It is also excellent for keeping in touch with family and friends. The advantages to email is that it is free ( no charge per use) when compared to telephone‚ fax and postal services. Information. There is a huge amount of information available on the internet for just about every subject known to man‚ ranging from government law
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Advantages and disadvantages of networks I’ll start by saying that setting up a network is a serious job and should be done only by a person that is already familiar with the process of networking. The variety of options for setting up a home network can influence on a decision regarding the equipment needed to be purchase. Before deciding what hardware to buy you must first find out which type of network technology to use (by ’type of network technology ’ I mean the way computers connect to
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the implementation of the business plans. It also involves the process of coordinating and controlling various activities in the organization. An effective manpower planning requires a careful assessment of the future needs of the organization. It involves the development of strategies to match the requirement of employees and availability of positions at a regional as well as a national level. Those in charge of manpower planning need to have a foresight about the business plans. They need to plan
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well-known diversified companies include Hitachi‚ Toshiba and Lotte Group – which consists of over 60 business units‚ engaged in such diverse industries as candy manufacturing‚ hotels‚ fast food‚ retail‚ financial services‚ heavy chemicals‚ electronics‚ IT‚ publishing‚ and entertainment. Or in Vietnam: Hoang Anh Gia Lai group which start up as small furniture producer then the company diversified into other industries such as: rubber‚ football financial.. - Advantages: • One of the benefits of being
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