The file PHI 445 Week 3 Quiz includes right solutions on the following questions: 1. Question : The common definition of price fixing is: 2. Question : Efficiency comes about in perfectly competitive free markets when: 3. Question : When a company sells a buyer certain goods only on condition that the buyer also purchases other goods from the firm‚ this is known as: 4. Question : Which of the following are characteristics of a perfectly free economy? 5. Question : When a buyer purchases a good‚ each
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Values between For-Profit and Not-for-Profit Organizations Examination of Ethics and Values between For-Profit and Not-for-Profit Organizations PHI 445 10 December 2012 Abstract Big Brothers Big Sisters of America is motivated to create a well-balance community for our young youth. They are a Not-for-Profit organization that deals with helping children who are struggling at school‚ having issues at home or who just need a companion to talk to on a weekly basis. This organization relies on our community
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This file PHI 445 Week 3 Discussion Questions has right solution to the following tasks: 1. Evaluate the price-fixing scheme from an ethical point of view (your evaluation should describe the effects of the scheme on society’s welfare‚ on the moral rights of society’s members‚ and on the distribution of benefits and burdens within society). In your judgment‚ did Clarence Burke act wrongly? Why? Was he morally responsible for his actions? Why? 2. Define deep ecology or ecological ethics. What are
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Profit vs. Not-for-Profit Organization A nonprofit organization is formed for the common good of the public. Nonprofit organizations are usually formed for some specific religious‚ charitable or educational purpose. A for-profit organization may be formed to conduct any number of lawful business activities. The primary reason to form a for-profit organization is to earn a profit for the owners of the company. Use of Profits Since a not-for-profit organization is formed to accomplish a specific
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Week 3 Assignment S. Warren History 204 Professor Dr. K. Roff 10/4/13 American President: Ulysses S. Grant. Retrieved from; http://millercenter.org/president/grant/essays/biography/print/ Bowles‚ M.D.(2011). American History -1865 – Present/End of Isolation Retrieved from http://content.ashford.edu/books/ Bruce‚ B.K‚ (1876‚ March 31).Speech in the Senate. Retrieved from: www.let.rug.nl/usa/documents/1876/-1900/blanche-k.bruce-speech-in-the-senate-march-1876.php Gienapp
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Application Assignment 1 Shaun Floto Thomas Edison State College 2013-03-PHI-384-OL012 Professor Long Application Assignment 1 1. Should nonprofit groups operate like businesses? What are some of the potential benefits of doing so? The potential dangers? According to Dr. Johnson‚ “no matter what particular type of organization we work in‚ we can learn from the experiences of others in different settings” (Johnson‚ 2007‚ p. xxiii). Nonprofit groups can‚ for instance‚ learn from businesses
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Definition of Non-Profit Organizations Associations‚ charities‚ cooperatives‚ and other voluntary organizations formed to further cultural‚ educational‚ religious‚ professional‚ or public service objectives. Non-Profit Organization startup funding is provided by their members‚ trustees‚ or others who do not expect repayment‚ and who do not share in the organization’s profits or losses which are retained or absorbed. Approved‚ incorporated‚ or registered Non-Profit Organizations are usually granted
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The non-profit organization (NPO) is itself the employer. The board of directors (the "Board")‚ usually elected by the general meeting of the members at an annual meeting‚ is responsible for overseeing the work of the organization and its employees. While decisions on the advice to hire staff or volunteers can delegate management team‚ board members are still responsible for the overall supervision of the organization‚ and can‚ in certain circumstances‚ are legally responsible decisions during his
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one where it is owned by private individuals. Usually‚ we have organizations within the economy where one is profit oriented and its main business objective is to make profit from the revenue it tends to make by the end of a certain period‚ therefore‚ nothing from the extra money made will be used to develop the business‚ instead‚ the profit will go to the owner of the business‚ adding to that the owner can be giving some of the profit to its employees as a way of motivation according to Maslow’s
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Not for profit organization: A non profit organization (NPO) is an organization that uses surplus revenues to achieve its goals rather than distributing them as profit or dividends. While not-for-profit organizations are permitted to generate surplus revenues‚ they must be retained by the organization for its self-preservation‚ expansion‚ or plans.[3] NPOs have controlling members or a board of directors. Many have paid staffs including management‚ while others employ unpaid volunteers and even
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