Ethics and sweatshops Companies want to maximize profits‚ while employees want to maximize salaries and benefits. Unfortunately these two desires do not always go hand in hand. The best way for a company to treat its employee how they wish to be treated. Make decisions that are in the best interest of all stakeholders. The Golden Rule still holds true. Companies have a responsibility to its employees and employees have a responsibility to its employer. When leadership treats its workers unfairly
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Master Budget The master budget is a comprehensive summary of a business’ long and short-term goals. “It is a set of interrelated budgets that constitutes a plan of action for a specified time period” (Weygandt‚ Kimmel‚ & Kieso‚ 2008‚ p.4). It brings together long-range plans and short-term budgets. It provides calculated targets for sub-activities such as target sales‚ distribution‚ production‚ and finance. In addition it helps calculate any other item of financial interest to the business owner
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Review the Enron case information presented in the textbook. If you were a high-level leader in this corporation‚ how might applying your personal ethics have changed the outcome? Greed‚ power and personal satisfaction are all characteristics that motivate people to do things that might not always be in the best interest of others. In the case of Lay and Skilling‚ along with dozens of other executives‚ this is exactly what happened. There was no acceptance of blame‚ only ignorance and death.
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The title of the story looms over the entire narrative‚ as it’s not until the last page that we learn who the husband is — it turns out it’s someone who‚ until that last page‚ we haven’t even met. So that’s my first puzzle: why did Munro give this story that title? What game is she playing with that structure and our expectations? It’s surely not just a ha-ha-gotcha ploy. The second puzzle is this: why are so many of the people in the story pretending to occupy roles they don’t? First‚ we have the
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Nowadays‚ sweatshops are becoming more and more obvious all around the world‚ especially in the developing countries. In the article “Two cheers for sweatshops”‚ Nicholas D Kristof and Sheryl WuDunn note that sweatshops play an important role not only in people’s daily life but also in the national economy‚ even though there are some shortages of them. However‚ Tom Hayden and Charles Kernaghan give their idea in “Pennies an hour and no way up”‚ that the conditions of workers in sweatshops should be
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50219 BBS 3FA CASE SUMMARY & HIGHLIGHTS Formation of Nike In 1958‚ Phil Knight came realised the need of a good American running shoe and started working on his idea. In 1964‚ he along with Bowerman formed an athletic shoe company and called it Blue Ribbon Shoe (BRS) company. In 1971‚ they developed a distinctive trademark and a new brand name and this is how Nike came into existence. Exceptional economic performance Nike grew at an amazingly fast pace with profits growing from $10 million
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Give an example of each scale of atmospheric motion; Micro‚ Meso and Macro. An example of a “Microscale” atmospheric motion would be a small‚ turbulent breeze blowing through the trees. A F3 tornado flowing across a Kansas corn field would be an example of a “Mesoscale” motion‚ and Super Storm Sandy would be a great example of a “Macroscale” motion. What causes an "eddy" to form? An “eddy” is formed when wind encounters a solid object‚ a whirl of air is formed on the object’s downward side. The
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Financial Statement Analysis Case Discussion Questions CASE: The Case of the Unidentified Industries - 2006 The questions are in the case. However‚ the following information might be helpful. 1. For purposes of this case the loans of the commercial bank are classified as accounts receivable and the deposits as accounts payable. 2. Unlike most business done on a credit basis where $1 of revenue creates a $1 accounts receivable‚ in advertising $1 of revenue creates $1/15% = $6.67 of accounts
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Discussion Questions Week 2 William L Johnson RES/320 November 14‚ 2013 Steve Raider Discussion Questions Week 2 Chapter 7 2. How do data from qualitative research differ from data in quantitative research? A quantitative research question is an interrogative sentence that asks a question about the relation that exists between two or more variables. Its purpose is to identify the variables being investigated and to specify the type of relationship‚ descriptive‚ predictive‚ or causal
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"Free Exchange for Mutual Benefit: Sweatshops and Maitland ’s "Classical Liberal Standard" " Thomas Carson ’s article criticize Ian Maitland ’s arguments in defense of sweatshops‚ based on Ian ’s view of "the Classical Liberal Standard" published in 1997‚ in the Brithish Academy of Managment Annual Conference Proceedings. Ian ’s central thesis‚ is a defence of the sweatshops in the poor countries in the third world‚ statinig that "A wage or labor practice is ethically acceptable if
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