Utilitarianism- Journal Questions (Formative Assessment) 1a) What are the strengths of Utilitarianism? 1b) Utilitarianism has several limitations. Identify two limitations and suggest improvements to Utilitarianism that enable it to avoid these limitations. Utilitarianism is a consequentialist theory: it holds that we ought to act in whatever way has the best consequences (i.e. the greatest "utility"). For most utilitarians‚ this means maximising the good and minimising the bad. Utilitarianism
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What are the major limitations of Financial Accounting? Explain with the help of Examples. What are the alternatives to overcome these limitations? Financial accounting can be defined as reporting of the financial position and performance of a firm through financial statements issued to the external users on a periodic basis. It is a field of finance that treats money as a means of measuring economic performance instead of treating it as a factor of production. It encompasses the entire system
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wider responsibilities. It should minimise any harm to the environment and work in ways that do not damage the communities in which it operates. This is known as corporate social responsibility. Coca cola and the water issue: Successful business strategies are built around establishing a clear set of
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ON THE LIMITATIONS OF THE FREEDOM OF EXPRESSION 1 Introduction The Constitution‚ Article 3‚ Section 4 provides: “No law shall be passed abridging the freedom of speech‚ of expression‚ or of the press‚ or of the right of people peaceably to assemble and petition the government for redress of grievance. *The Constitution forbids not the abridging of speech‚ but the abridging of freedomof speech. 3 There are several reasons why freedom of expression is guaranteed by the Constitution. For
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Stakeholder Theory and Limitation 1. Stakeholder theory is an excuse for managerial opportunism: The core claim is that by providing more groups who management can argue their actions benefit‚ stakeholder theory makes it far easier to engage in self-dealing and defend it than if shareholder theory were the sole purpose. 2. Stakeholder theory is primarily concerned with distribution of financial outputs: This view depicts stakeholder theory as primarily about who receives the resources of the organization
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Starting of field survey - Methodology/Instruments used for Data Collection - Data Analysis and Report Writing 3–6 Chapter – 3 Planning‚ Implementation & Monitoring Method of Scheme - Role of Nodal Ministry - Role of State Nodal Department - The Level at which Proposals Initiated - The Approval Procedures of the Scheme - The Process of Implementation of the Schemes in the State vis-à-vis General Guidelines - Achievements of Physical Targets - Role of PRIs/Local Bodies under the Scheme in Construction
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LIMITATIONS OF RATIO ANALYSIS The debt-equity ratio gives an indication of an enterprise’s ability to sustain losses without jeopardizing the interests of creditors. This ratio is based only on information provided in the balance sheet. Although stockholders’ equity serves as a buffer to protect the creditors’ interests‚ it should be kept in mind that the earning prospects of the enterprise are also relevant in judging a firm’s ability to survive the long run. Although the use of ratios can prove
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1‚ new media technologies may have little impact on politics‚ even change politics for the worse. It has little effect on civic engagement. New media technologies increased political knowledge among citizens already interested in politics‚ for users who are not‚ public sphere online is meaningless. Social media activists are more democratic‚ more knowledgeable about current political events and also somewhat more understanding of anti-government sentiment. As the new media technologies provide a
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Introduction There are a number of factors that can contribute to the growth of a population and these trends can be seen in a number of species. It is generally believed‚ from an ecological perspective‚ that populations will display either an exponential of logistic growth rate. If optimal environments are consistently maintained with no biotic or abiotic limiting factors (excess food‚ excess space availability‚ optimum climactic environment‚ no predation‚ etc) then a population will grow in
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Leadership can be defined as a process by which one individual influences others toward the attainment of group or organizational goals. Three points about the definition of leadership should be emphasized. First‚ leadership is a social influence process. Leadership cannot exist without a leader and one or more followers. Second‚ leadership elicits voluntary action on the part of followers. The voluntary nature of compliance separates leadership from other types of influence based on formal authority
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