What is Relativism? Relativistic Stances Relativism can be considered as a philosophical stance which assumes that there is always a claim relative to a dependent or an independent parameter. A relative truth‚ a relative aspect of reality‚ a belief which is relative to a cause and relativistic ethics come under the dependent parameters category. On the other hand‚ independent parameters include factors that influence a relativistic stance such as time‚ gender‚ religion‚ location‚ state of mind
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2. What is meant by a multinational corporation (MNC)? Give 2 examples of MNCs that are U.S. based‚ and 2 that are based elsewhere but operate in the U.S. Multinational Corporation is the corporation of having operations‚ subsidiaries‚ or investments in more than one countries. According to Franklin Root (1994)‚ an MNC is a parent company that: -engages in foreign production through its affiliates located in several countries‚ -exercises direct control over the policies of its affiliates‚
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Constitutional Law - The term constitution comes from the Latin word constitutio‚ used for regulations and orders. Constitutional law is also referred to as “supreme law or “highest law of the land”. This is because it is the foundation of a state wherein it comprises primary law and fundamental principles which defines the relationship of the three important branches within a state‚ namely‚ the executive‚ the legislature and the judiciary. This law also illustrates the scope and limitations of the
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CLASSIFICATION OF OBLIGATIONS 1. PURE OBLIGATION – one without a term or is it a subject to a condition and is immediately demandable. 2. CONDITIONAL OBLIGATION – one which is subject to a condition. (a). SUSPENSIVE CONDITION - one which suspends the effectivity of the obligation until the condition is fulfilled. The fulfillment of the condition produces the efficacy of the obligation. (b). RESOLUTORY – one which extinguishes the obligation upon the happening of the condition. The obligation is immediately
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|: |LAW 1 | |II. |Course Title |: |OBLIGATION AND CONTRACTS | |III. |Course Credit |: |3 units
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Understanding other cultures without making judgments about the way they do things or the way they understand and react to things is the basic concept of cultural relativity. The importance of this idea is demostrated by Richard B. Lee in his story about the Christmas feast with the !Kung. In this story Lee‚ a social anthropologist living with the tribe‚ experiences a misunderstanding that almost caused him to pack his belongings and leave the bushmen which were the subject of his study
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SECTION 3. - ALTERNATIVE OBLIGATIONS An alternative obligation is one wherein various prestations are due but the performance of one of them is sufficient as determined by the choice‚ which‚ as a general rule‚ belongs to the debtor. Right of choice‚ as a rule‚ given to debtor. GENERAL RULE: The right to choose belongs to the debtor/ obligor Except: When the right has been expressly granted to the creditor Right of choice of debtor not absolute. LIMITATION ON THE DEBTOR’S CHOICE (1) The debtor
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Ethical Absolutism and Ethical Relativism Absolutism and relativism are basically two opposing approaches to ethics. Absolutism is considered more objective while Relativism is more subjective. Both ethical approaches have a number of strengths and weakness. Absolutism is an ethical perspective that everything is certain. Actions are always considered right or wrong. An absolutist follows the notion that there is a singular moral standard that people should abide by. This is a dogmatic approach to
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Ethic Obligations Most workers understand that they must balance their home life and their career. But how they go about doing this is what most struggle with even today. A manager needs to think about their most resourceful asset‚ their employees. When you are a manager‚ you have the tough decisions to make in keeping with the company’s goals‚ but striving to make money for your stockholders as well. This paper will discuss the following two questions. What are the ethical implications of requiring
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MULTINATIONAL MANAGEMENT: MGMT 625 West Chester Off Site MBA SUMMER 2010 Instructor: Paul Bergé Office Hours: by appointment. E-mail address: bergep@xavier.edu; or pberge@gmail.com Phone: 871 6657‚ Fax: 672 9679 Required Text: Fred Luthans‚ Jonathan P. Doh. 2009. International Management: Culture‚ Strategy‚ and Behavior. Seventh Edition. Irwin McGraw-Hill Publishers. Cases and articles from the popular business press
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