Impartiality: weighting interests equally · Rationality: backed by reasons a rational person would accept · Consistency: standards applied similarly to similar cases · Reversibility: standards that apply no matter who "makes" the rules These are‚ in a sense‚ the rules of the "ethics game"‚ no matter which school or approach to ethics one feels the closest identity. The Utilitarian approach is perhaps the most familiar and easiest to understand of all the four approaches to ethics. Whether we think about
Premium Ethics Virtue ethics Deontological ethics
Introduction 3 Standard Cost 3 History of Standard Costing 4 Disadvantage of Standard Cost 4 Advantage and benefits of Standard Costing 5 & 6 The relevance of standard in Brittan and rest of the world 6 Overhead 7 Conclusion 8 Reference and Bibliography 9 Introduction This report is based on the relevance of standard costing in Modern Britain‚
Premium Cost accounting Costs Management accounting
In the article written by James Harold called“ A Moral Never- Never Land: Identifying with Tony Soprano” author questions to the moral effects of TV on human life. Harold’s main claim in this article is that TV shows like The Sopranos combines both sympathetic and repulsive elements of life and ultimately its good for to invite the viewers to think deeply about the nature of good and evil. Also the author questions that there is nothing wrong with loving characters such as Tony Soprano because this
Premium Human The Sopranos Good and evil
The Army Standards The Army Standards Jimmie Leigh Simmons Dr. Tina M. Lamb Business Ethics 301 Abstract The Army is nothing like any other military worldwide. They set themselves apart from all other militaries. The standards are held to a higher level than most. I enjoy being in the Army. As a Noncommissioned officer we are charged to uphold the standard and in force the standards. We must groom soldiers to be a great product of the Army. There are measures we take into making a great
Premium United States Army Military Virtue
Immanuel Kant explores the morals of an action based on the action’s fidelity to rules or regulations‚ each person has dignity as well as the ability to reason. Kant disagrees with the utilitarian principle; he believes that you shouldn’t make decisions based on pleasure. “Kant’s moral theory is based on his view of the human being as having the unique capacity for rationality. No other animal possesses such a propensity for reasoned thought and action‚ and it is exactly this ability that requires
Premium Ethics Morality Immanuel Kant
Objectives: ← To understand the meaning of standard costing‚ its meaning and definition ← To learn its advantages and limitations ← To learn how to set of standards and determinations ← To learn how to revise standards Introduction: Standard costing is a very practical and therefore widely used costing system‚ in businesses that make a range of products which‚ although different‚ pass through standard and repetitive processes and machinery. Standard cost is the estimated cost of material
Premium Cost accounting Costs Cost
TABLE OF CONTENT PAGE 1.0 INTRODUCTION 1 - 2 2.0 PRODUCTS & SERVICES 3 - 4 3.0 MACRO ELEMENTS 5 - 7 a) Political & Regulations b) Economy c) Social d) Technical 4.0 CONCLUSIONS 8 5.0 REFERENCES 9 1. INTRODUCTION 1. The spices business of Faiza started on the 1968‚ when founder of Faiza Marketing(formerly known as Syarikat Faiza)‚ Mrs Hajjah Faiza Bawumi Sayed Ahmad‚ formulated
Premium Malaysia Marketing Flavor
Separate private company accounting standards With the development of world economy‚ U.S.GAAP becomes more and more complex to meet public companies’ needs. Private companies cost a great fortune to compliance with U.S.GAAP. So‚ setting public-private accounting standards is a different issue debated for decades. it goes without saying that setting new separate accounting standards have its advantages and disadvantages. Background In USA‚ there are a large number of nonpublic companies‚ much more than
Premium Public company Financial statements Privately held company
Company Introduction and Analysis Paper on Wal-Mart By: Team A ECONOMICS FOR BUSINESS I - ECO/360 June 13‚ 2005 Abstract Wal-Mart has grown to be one of the biggest corporations in the world‚ employing 1.3 million workers worldwide in 2003 in over 4‚300 stores with sales around $256 billion. They sell everything from clothing‚ tools‚ toys‚ electronic goods‚ appliances and groceries. A major force behind its success was the vision‚ enterprise and daring of its founder‚ Sam Walton
Premium Wal-Mart
Cost and Variance Analysis. At the beginning of 2011‚ Jejemon Corporation adopted the following standards: Direct Materials (3 lbs. @ P2.50 / lb) P 7.50 Direct Labor (5 hours @ P7.50 / hr) 37.50 Factory Overhead: Variable (P3.00 per direct labor hour) 15.00 Fixed (P4.00 per direct labor hour) 20.00 Standard Cost per unit P 80.00 Normal volume per month is 40‚000 standard labor hours. Jejemon’s january budget was based on normal volume. During January Jejemon’s produced
Premium Normal distribution Variance Cost accounting