The first chapter discusses the basics of financial management. How critical is financial decision to social welfare? Reflect on the oil spill disaster in the gulf. Is it all about making money? Financial decisions are extremely critical to social welfare. Many individuals have the state of mind that emphasizes the belief of how social welfare can be pursued through exercising one’s choice and making provisions to obtain the means to be financially stable. The world is increasingly becoming
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world‚ when it comes to the use of fossil fuels. Fossil fuels are used to power vehicles‚ cool and heat homes‚ and to generate electricity. Fossil fuels are naturally formed from dead plants and animals over millions and millions of years. Oil‚ natural gas‚ and coal are examples of fossil fuels. The world is aware that the burning of fossil fuels is the biggest source of carbon dioxide emissions and the leading contributor to green house gases and to global warming‚ which is the rise of
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1. The aspects of BP’s ethical culture that could have contributed to the Gulf Coast oil spill disaster include: * The company tried to assure concerned stakeholders that it took environmental concerns seriously‚ but BP’s actions have not always concided with its words. BP has engaged in numerous instances of questionable behavior including fraud‚ environmental‚ and ethical transgressions clearly demonstrate that the company has a history of disregarding the well-being of stakeholders. The
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Prestige Telephone Company I. Case Background Prestige Data Services (PDS)‚ a subsidiary of Prestige Telephone Company (PTC)‚ has been experiencing bottom line losses for the two years it has been operating since 1995. The subsidiary has been performing all the data processing for the telephone company and selling computer services to other companies and organizations. Susan Bradley‚ the subsidiary manager was preparing for a meeting with Daniel Rowe‚ president of Prestige Telephone
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long term exposure. Water pollution is one of the biggest problems that faces modern society and is harmful to the health of humans and animals because it affects every living organism in this earth. This essay will talk about industrial pollution‚ Oil pollution‚ litter and sewage pollution. One of the main sources of pollution are industrial wastes‚ these wastes come from factories located by the sea. Throughout the years these locations have been used for industrial activities due to the strategic
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explicit purpose is to determine as far as possible whether a given moral standard is more or less correct (Manuel G. Velasquez‚ 2006)” Standpoint March 24‚ 1989‚ one of the Exxon Valdez‚ a loaded oil tanker with 52 million gallons crude oil runs in Prince William Sound‚ spilling 11 million gallons of oil. The government was strongly feeling about the environmental damage‚ to the fishery and the life of people involved there. Output That was bad luck for the wildlife‚ approximately 30‚000 birds and
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with over 11 million gallons of oil. Many wildlife species had perished during the oil spill and some have still not returned. The natural resources still have not recovered from the disaster. The fishermen‚ who have relied on the Prince William Sound‚ are still not able to make a living due to restraints placed on them by the federal government. The federal government has banned the fishing of certain species of marine life due to their slow recovery from the oil spill. Despite the money that was awarded
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from sleep debt and the disasters it caused. Lack of sleep is overlooked by the media though in many cases the National Transportation Safety Board (NTSB) found it to be the main cause of traumatic events such as oil spills and car crashes. Reports hyped that the Exxon Valdez oil spill of 1989 was due to the captain driving under the influence of alcohol; when in actuality it was the third mates fault. The third mate had slept very little the days before and didn’t notice that the ship was on auto
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Summary Prestige Data Services is a subsidiary of Prestige Telephone Company‚ designed to perform data processing for the telephone company and also to sell computer services to other companies and organizations. The subsidiary started operations in 1995 and has yet to experience a profitable month and by the end of 1996 its income was low enough to necessitate a report to shareholders. Mrs. Bradley thinks the company just needs more time while Mr. Rowe feels it is time to reassess Prestige Data
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1. Prestige Data Services apparently has not lived up to its parent company’s expectation. However‚ based on the numbers‚ the Prestige Data Services appears to be rather potential after just two years of performance. Its revenue hours sold to outside firms have being growing‚ and the majority of Prestige Data Services’ costs are fixed costs‚ e.g.‚ rent‚ custodial services‚ computer lease‚ maintenance‚ etc. In order to determine whether or not the subsidiary is indeed “too good to give up‚” two
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