can allocate the given advertising budget between different media of advertisement. 4 . What kind of relationship would you postulate between short-run and long-run average cost curves when these are not U-shaped as suggested by the modern theories? 5 . How do demand forecasting methods for new products vary from those for established products? 6 . What are the different methods of measuring national income? Which methods have been followed in India? 7 . What do you
Premium Economics Business cycle Macroeconomics
In this essay I have chosen to compare two opposing theories‚ Immanuel Kant ’s absolutist deontological ethics and Joseph Fletchers relativist situation ethics. The deontological ethics focuses on actions made according to duty and the categorical imperative - which shows how acts are intrinsically good or bad. The situation ethics state that no act is intrinsically good or bad‚ and that actions should b made according to love. From this perspective it looks as thought Kant ’s views were less personal
Premium Ethics Immanuel Kant Morality
Rights-based ethical theory (Social contract) On Cyberslacking affect on IT industry Cyberslacking a term used to describe employees who surf the net for their personal use such as writing e-mail or indulging in other internet-related activities at work that are not related to their jobs. These activities are performed during periods of time when they are being paid by their employer. The individual who perform such work is known as Cyberslacker while the whole act is called
Premium Ethics Morality Sociology
Ethical theory resides in the analysis layer of thinking for the reason that analysis is the elevated or educated form of thinking. A mixture of critical thinking and moral judgment‚ ethical reasoning raises itself to a form of analysis that boils down to developing arguments in light of discovering how we ought to live in order to express and apply it fully in our lives. One example that applies to this is the ethical situation is the issue on life support. Say that a family member‚ specifically
Premium Health care Medicine Family
amounts which are set aside out of the profits for a specific purpose e.g. provisions for bad debts‚ doubtful debts or depreciation‚ etc. These provisions are made in view of some expected events. Any expected loss in the future relating to the current accounting period must be charged (i.e. debited) to the profit and loss account of the current period. Similarly‚ any expected gain in the future relating to the current year must be credited to the profit and loss account of the current year. N
Premium Debt Generally Accepted Accounting Principles
How the theory is used in making ethical judgments Ethical Dilemma In their profession a counselor will encounter situations where they’ll have to choose rather to do what the client asks of them or to stick by their individual beliefs. Just like in the text when the client who is in her late 30’s but is pregnant‚ situations such as this will test the beliefs of the individual because Catholics do not believe in abortions and in doing so will bring great shame from the Catholic community. One
Premium Religion Human Critical thinking
additional gaming revenues. Terrence Wei‚ the new property president‚ feels that his department managers appear to be in conflict with each other. The managers of each department have expressed concerns when it comes to running their department under the profit center approach. Overall‚ complementary costs and allocated overhead included in the direct costs pose more of a problem in determining the amounts to allocate. More specifically‚ the hotel manager complained about capacity constraints. It is difficult
Premium Profit Casino Hotel
Profit Determination Prepared by John Hoggett and Clare Innes Measurement of Profit • Cash basis • Cash income received - Cash expenses paid – Revenues recorded when received – Expenses recorded when paid • Accrual basis • Profit = Income (incl. Revenues) - Expenses – Revenue is recognised when the anticipated inflow of economic benefit can be reliably measured – Expenses when the consumption of benefits can be reliably measured 2 Adjusting Entries • The need for adjusting entries-
Premium Generally Accepted Accounting Principles Depreciation
nothing and come up with the trait that we should try to strive for‚ charitable. However‚ when it comes to this idea of reason being the telos of humans‚ I disagree to a point because I feel that this theory has some flaws in it. I feel this way because there are too many exceptions in his theory that should be considered but
Premium Psychology Thought Human
Profit Maximization model helps to predict the price-output behavior of a firm under changing market conditions like tax rates‚ wages and salaries‚ bonus‚ the degree of availability of resources‚ technology‚ fashions‚ tastes and preferences of consumers etc. It is a very simple and unambiguous model. It is the single most ideal model that can explain the normal behavior of a firm. It is often argued that no other alternative hypothesis can explain and predict the behavior of business firms better
Premium Economics Marketing