What factors must be considered when making moral decisions? There are a variety of factors‚ which need to be considered when making moral decisions. Everyday we have to make decisions‚ some are hard and some are easy. When we are talking about moral decisions we are talking about what actions are right and what are wrong. Morality is about actions and the consequences made by actions‚ motives and our human nature. There are different ways in looking at making moral decisions‚ 2 main ethical
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An oil company must decide whether or not to drill an oil well in a particular area that they already own. The decision maker (DM) believes that the area could be dry ‚ reasonably good or a bonanza. See data in the table which shows the gross revenues for the oil well that is found. Decision Dry (D) Reasonably Bonanza(B) good(G) Drill $0 $85 $200 m Abandon $0 $0 $0 Probability 0.3 0.3 0.4 Drilling
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information of host country on political stability‚ cultural attributes and geographical characteristic are required for sound for foreign markets. Information on economic general data on level of growth‚ inflation levels‚ business cycles and the levels of competition in that particular industry. These directly affect the economic viability of the product‚ since some of the factors affect profitability. There are also political‚ social and cultural climate factors to be considered in foreign markets. These
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Environmental Factors The Coca-Cola Company was established in 1886 in the United States. Today‚ the Coca-Cola Company’s products are available in over 200 different countries. Each country contains its own demographics and other factors that influence the marketing planning and promotions for the Coca-Cola product lines. These factors vary by location and can include culture‚ customs‚ and even legal matters. The Coca-Cola Company has been able to successfully examine these factors and create marketing
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September 18 & 22‚ 2014 1:30 PM to 3:30 PM Multimedia Room‚ Edilberto P. Dagot Hall‚ PNU-Manila Dr. Baifern N. Lim • Parents want their children to be safe and comfortable. • Parents must choose a program they can afford as well. • Quality of the program is a key factor • Many parents ask about the training and experience of the staff. • Asking about staff turnover rates can help parents in choosing a program. • Parents want a facility that is safe for their children
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environmental factors surrounding them in the foreign country. For Sumo Salads‚ which is an Australian brand that was established back in 2003 by a group of people who wanted to shift the lifestyle of Australians to a healthier alternative‚ they must understand how these factors will have a great influence on them if they were to expand to the United States of America (USA). Sumo Salads is currently present in Australia‚ New Zealand‚ London and Dubai as of the moment (Sumo Salads‚ 2012). These countries were
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Legal factors Legal factors are those that impact businesses in a legal way. The legal factors would be ranked and analysed. They include: providing a framework for businesses‚ consumer protection and employment law‚ ensuring fair and honest trading. PROVIDING FRAMEWORK FOR BUSINESSES This law is very important because it gives businesses legal protection and also gives them some degree of certainty as to what the business has to gain and loss in extreme cases such as business bankruptcy
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Introduction A country that has had over 5000 years of civilisation‚ whose culture is synthesis of many different cultures; a country which has a very complex social structure and has diversity more than any other country in the world. India. From the last decade‚ as the cycle of progress and prosperity reaches India again‚ more and more International Businesses want to either buy from or sell in or do both‚ in India. It is essential for a foreign company planning to enter India‚ to understand
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WHAT FACTORS SHOULD BE CONSIDERED BY RESEARCHERS WHEN DEFINING THE DATA REQUIRED FOR THEIR RESEARCH Data are materials or information gathered during the process of making inquiry about problems. “Data of whatever form do not just appear or lie around waiting to be causally picked up by some passing researcher but have to be given form and shape in other to quantify as data; made relevant in a word to a research problem” (Ackryod and Hughes‚ 1992). In other words‚ data are systematically collected
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Excusive Summary This report aims at discussing the project of investing in China. Our company is a British multinational company in household goods and home furnishing industry whose bedding products are popular. We are planning to invest in a foreign country and China is a good choice. While doing business in China‚ cultural difference would be the first problem that company have to face. The report examines the cultural difference between the United States and China in five respects: the language
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