takeovers of one firm by another if the effect will "substantially lessen competition. There were three main facts that indicate that Microsoft enjoys monopoly power. First‚ Microsoft’s share of the market for Intel-compatible PC operating systems is extremely large and stable. Second‚ Microsoft’s dominant market share is protected by a high barrier to entry.
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technological innovation was king and so were the corporations that owned them. These corporations developed into monopolies that ruled over every aspect of the American people’s lives. These trusts owned the businesses‚ owned the money‚ owned the housing and owned most of the government. The Progressive Era was a time when the people and the government tried to rein in these trusts/monopolies and make life better for the American people. This Era focused on economic‚ government and social reforms.
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Person A: Do you know that act-utilitarianism and rule-utilitarianism are theories that are determinants of what is considered morally wrong in relation to expected utility? Person B: What do you mean by utility? Person A: Utility is a form of advantage and value of personal good (Hooker‚ 2013). Person B: Can you tell me more about act and rule utilitarianism? Person A: Act-utilitarianism states that an act is morally needed if and for the reason that the person
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NAME: Eren Temoi ID: 2010003945 Table of content Section 1 Introduction Statement of the problem Purpose Significance of the study Research question and hypothesis Section 2 Background Section 3 Methodology Section 4 Result Section 5 Conclusion Section 1 Advertising is a form of communication intended to persuade an audience to purchase or take some actions upon product ideas or services. It is often known as the key to succession many
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Due to the many ethical issues surrounding free samples of medications‚ they should not be prescribed to the uninsured or underinsured. The basic principle underlying utilitarianism ethics is an action is right or moral if it maximizes utility or happiness. Very simply‚ happiness can be explained as an absence of pain. The patient in this scenario receiving the free drug sample will not only be upset about the quality of care but also of the quality of medicine he or she is receiving. Moreover‚ no
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How does Microsoft conduct strategic planning and what role human resource management plays in that process? It is apparent that people are Microsoft’s greatest asset. Linking production areas and using an atmosphere that caters to the 30 year old average employee age‚ has made the company a fantastic place of employment. Human Resources is responsible for identifying‚ hiring‚ and retaining their gifted talent. Microsoft has also boasted as very generous compensation and benefits program that
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to maneuver in the business market and I would like to refresh your mind by offering a clear definition. A Monopoly is a situation in which an entity‚ either an individual or an industry or organization‚ is the sole supplier of a particular good or service. As such‚ this supplier has no competition from other suppliers and is able to control the market value of the commodity. Some monopolies are government-enforced or controlled‚ while others form naturally or through company merger. According to
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Deontology A maxim is a personal rule we follow to do the right thing. Following the rule of a moral law is something a rational human being does according to Kant. There are two types of rules the Hypothetical rule and the categorical rule. The hypothetical rule is if I do “this” then “this” will happen as a result. I will be focusing on the categorical rule though. That is a moral law that is universal; it commands us or obligates us to follow it absolutely with no exceptions. I will be discussing
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Utilitarianism Utilitarianism examines overall happiness and can deduce whether it is ethical for Ming to tell customers about Condoitin. The happiness scale selected was -10 to 10‚ where -10 is unhappy‚ and 10 is happy. The stakeholders identified excluded those not relevant to Ming’s decision (like the air-conditioning company). There are approximately 100 elderly customers requesting advice per week‚ so Ming’s decision would impact 1200 over three months. Customer awareness of Condoitin’s lower
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Peter Singer asserts that utilitarianism implies a moral obligation to be a vegetarian. Utilitarianism holds that the right actions‚ or what we ought to do‚ are those actions that are expected to produce the best overall consequences‚ provide maximum utility‚ happiness or pleasure and minimize pain and suffering. Utilitarians look at the probable consequences of choices and choose their actions based on whatever they believe will produce the most utility or pleasure. Singer claims that if one is
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