Business is for Everybody’s Benefit A business should not just look to increase profits for the stockholders but more so look at the well being of the customers‚ employees‚ suppliers‚ investors‚ vendors‚ communities‚ and the environment. Some businesses might argue that putting the investors first will lead to a more successful company. Businesses do not flourish by putting all of their attention on just the shareholders alone. As T.J. Rogers‚ founder and CEO of Cypress Semiconductor‚ explains
Premium Whole Foods Market John Mackey Social responsibility
Businesses Moral Responsibility Darryl A. Young April 18‚ 2008 Philosophy GEPI 140 One of the most important questions in all businesses is‚ whether businesses have any moral responsibilities at all beyond simply earning as much of a profit as possible for their owners? If you look at it from the business point of view they are only responsible for making a profit. The company is an agent of the shareholders and is responsible only to them‚ and only for making a profit. Looking at it
Premium Morality Ethics Social responsibility
Friedman Test for a random Block Design -The Friedman Test is used when compairing more than two populations or treatments randomly assigned within blocks. This is the counterpart of the F test or ANOVA used in parametric statistics. Unlike the F test or ANOVA which is used with the assumption that the observations taken from each of the populations are normally distributed‚ the Friedman test is used when no distrubutional assumptions are necessary. The following are the steps in doing the Friedman
Premium Null hypothesis Statistical inference Analysis of variance
Keynes versus Friedman To begin with‚ I would like to say that these to economists made perhaps the greatest and the most significant contribution to economy in the twentieth century. They are beyond any doubt among most powerful intellectuals that set their feet over the ground. Ideas they created‚ patterns they discovered and laws they introduced have become fundamental in political economy and macroeconomics. Still‚ these two brilliant minds did not share each others’ views over some basic economics
Premium Keynesian economics Macroeconomics Economics
We refer to Friedman (1951)‚ a short text that could be considered as a sort of manifesto of neoliberalism‚ which‚ this must be admitted‚ has been then obscured‚ not surprisingly‚ by his later‚ and more famous‚ Capitalism and Freedom (Friedman 1962). At the beginning of the glorious history of the Chicago School (Friedman was appointed there in 1943) Friedman takes stance in an unequivocal manner against any form of laissez-faire policy
Premium Economics Political philosophy Liberalism
INTRODUCTION Archie Unleashed is an attempt to put the basic log analysis methodology for computing water saturation into a readable reference document. The beginning log analyst or petrophysicist should have little difficulty with the terms and concepts utilized in this paper‚ however‚ most terms are redefined in appendix A. The basic outline of this document closely follows a previous work written for the casual interpeter in log analysis. Archie Unleashed is meant to carry that work one step
Premium Density
The poem‚ “Jabberwocky” written by Lewis Carroll is known as “one of his most famous‚ and included made up words that have slipped their way into English dictionaries (Shaw‚ 2004).” The poem is about a father and his son‚ and the father warns the son of an evil beast called the Jabberwock that is living in the “tulgey wood (Kirszner & Mandell‚ 2012‚ p. 629).” The son is curious of this evil beast that his father is talking about‚ and embarks on an adventure to find the Jabberwock. In my opinion
Premium Lewis Carroll Poetry
Edward Freeman’s “Managing for stakeholders” was an interesting selection which clearly defined several possible stakeholders for a business‚ primary and secondary‚ and how important each one is to the survival of the business as is the survival of the business to their survival. Customers‚ bankers‚ financiers‚ employees‚ and suppliers are all stakeholders. The selection stressed how important it was for the executive of a given corporation to have the skill set to manage the relationship between
Premium Social responsibility Sociological terms Milton Friedman
1822-6515 ECONOMICS AND MANAGEMENT: 2011. 16 NEW APPROACHES TO THE BUSINESS-TO-BUSINESS MARKETING COMMUNICATION Eva Chlebišová1‚ Jana Kyzeková2‚ Markéta Zajarošová3 1 Technical University Ostrava‚ Czech Republic‚ eva.chlebisova.st@vsb.cz Technical University Ostrava‚ Czech Republic‚ jana.kyzekova.st@vsb.cz 3 Technical University Ostrava‚ Czech Republic‚ marketa.zajarosova@vsb.cz 2 Abstract Approach to the business-to-business communication goes through the significant changes. The
Premium Marketing Decision making Communication
Carroll Cole was born May 9th‚ 1938 in Sioux City‚ Iowa. A scant nine years later‚ the first of his 16 confirmed victims would be killed. There have been many serial killers over the course of history to examine‚ but Carroll had two unique aspects that made me want to write about him specifically: he was one of the youngest serial killers ever (based on the date of his first kill)‚ and he is a prolific example of how grandly the legal system can fail not only society‚ but a single individual. Cole
Premium Murder Homicide