1. Introduction “Corporate finance theory‚ teaching and the typically recommended practice at least in the US are all built on the premise that the primary goal of a corporation should be the maximization of shareholder value.” (Krishnan‚ 2009) One often stumbles upon such statements while reading about shareholders value or maximization of shareholders wealth. This is also a typical answer to questions such as “what is the best and primary objective of a company in a competitive market”
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The ethical problems that was mentioned in this case first is the disregarding of unsafe products and low quality products. The company is still releasing or selling products that does not meet the standards of the approved product. This is not healthy for the company because they could lose big clients because of defects and this could also ruin the company name. Second is the misguided selling techniques and methods of the sales representatives. Instead of selling the products to the clients fair
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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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CHAPTER 9 PROFIT PLANNING AND BUDGETING Questions‚ Exercises‚ Problems‚ and Cases: Answers and Solutions 9.1 See text or glossary at the end of the book. 9.2 A cost center is a responsibility center in which management is responsible only for costs. In a profit center‚ management is responsible for both costs and revenues. 9.3 An investment center is a responsibility center in which management is responsible for managing costs‚ revenues‚ and assets. A profit center is not responsible
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Better Ethical Theory in Business World When it comes to talk about the ethical theories applying to the business world‚ deontology and utilitarianism are the two most debatable ethical theories that people may discuss. A majority of people may think that utilitarianism is more useful for understanding and addressing ethical issues in business since it focuses on the outcomes of every action. However‚ for me‚ I am a big supporter of deontology. I think deontology is more persuasive theory than
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Giving welfare profits need been dubious All around u. S. Historical backdrop. Since the provincial period‚ legislature welfare strategy need reflected the conviction that the impoverished would answerable for their poverty‚ prompting those standard that governmental reductions are An benefit What’s more not a right. Until the extraordinary wretchedness of the 1930s‚ state and nearby administrations exhaust a few obligation to giving aid of the poor. Generally‚ such support might have been insignificant
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1. Executive Summary This report defines‚ examines and promotes a non-profit capitalistic business model. The model endorses enterprises which compete in the free market‚ but eschews profits in favor of social benefits. This entails an increased workforce with benefits and wages on par with current standards. This increased employee pool works under a staggered shift structure so that each employee only works a 3-day (24 hour) workweek. Labor is scheduled in such a way that there is necessary labor
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structure. One should also note the lengthy court battles between Scientologists and the US government over their status as a religion‚ which has allowed them to be exempt from paying taxes‚ an extremely large benefit to any company trying to make a profit‚ as well as the suspicious and sudden out-of-court conclusion of those proceedings. Many other
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approved websites posted in the Webliography to find a research article(s) (no older than 2001) related to non-profit versus for-profit healthcare and organizations. Analyze the characteristics of each type of organization and the factors which impact operations. Discuss options to improve the financial and operational performance of non- profit organizations and the criticisms leveled at for-profit healthcare organizations. Your resultant written paper should be 750 words‚ double spaced‚ and in APA or
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NOT-FOR-PROFIT ORGANISATIONS 13 2 Not-for-profit organisations Key points Many not-for-profit organisations (NFPs) feel they are poorly understood by government and the general public. Pressures to be more efficient have seen overhead spending reduced at considerable detriment to effectiveness and improved resource allocation over time (allocative efficiency). The sector is diverse‚ but NFPs display some common behavioural patterns: – Whereas the behaviour of for-profit business is driven mostly
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