CULTURAL RELATIVISM The idea of cultural relativism started from the society. From the society it turns out to be a symbol of that particular area and become mass/universal. According to Rachel (p.18) says " These customs cannot be said to be "correct" or incorrect‚ "for that implies that we have an independent standard of right and wrong by which they may judge". In a simple word cultural relativism is there is no answer for what is right and what is wrong‚ to judge this issue we have to know
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theory of Cultural Relativism. According to it‚ Cultural Relativism states that all morality is relative to culture‚ that the truth of ethical claims is relative to an individual or group’s perspective. Cultural Relativism holds that an action is morally right or morally wrong because of the beliefs and values of the culture in which the action takes place. Therefore cultural relativism denies the possibility of any objective foundation for moral rules or obligations. Comments In the
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Are multination corporations such as Wal-Mart helpful or harmful to the global economy? To a lesser extent‚ multinational corporation such as Wal-Mart are harmful to the global economy. Multinational corporation is a corporation or company that is registered in more than one country or that has operations in two or more countries. Global economy generally refers to the economy‚ which is based on economies of all of the world’s countries’ national economies. Also‚ global economy can be seen as the
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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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Survey of the Theories of GLOBALIZATION by Wendy M. Jeffus Southern New Hampshire University TABLE OF CONTENTS I. INTRODUCTION II. Internationalization versus Globalization Multinational Enterprises Exporting Licensing/Franchising Strategic Alliances Joint Ventures Wholly-Owned Subsidiary Emerging Economies Developed Economies Universalizers versus Particularists World-systems Diversity of Cultures
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I. Lying to Patients and Ethical Relativism Ethical Relativism and Ethical Subjectivism Ethical Relativism - theory that holds that morality is relative to the norms of one’s culture. * a culture. i.e.: nobody should ever steal) Objective vs. Subjective (Telling right from wrong) Paternalism vs. Autonomy Paternalism – authority of restricting the freedom and responsibilities of those lower than them Autonomy is a binomial 1) Enlightenment ethics – celebration of the individual’s
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approach the studies of cultures using Cultural Relativism and Ethnocentrism. The definition of these terms is very different in many ways when describing cultures. Cultural Relativism is defined as the perspective that any aspect of a culture must be viewed and evaluated within the context of that culture. While‚ ethnocentrism‚ is defined as making value judgments based on one’s own culture when describing aspects of another culture. Cultural relativism is much more commonly used by anthropologist
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Faculty of Economics Graduate Programme Course: Globalization and Multinational Firms Mentor: Črt Kostevc Ph.D. Academic year: 2012/2013 Globalization and Multinational Firms Seminar paper MNCs and the role of the state Author: Aljaž Bešter Cerar – 19489662 Ljubljana‚ 10.6. 2013 Summary The seminar paper is logically divided into two related parts. The first part of the paper looks at a multinational corporation (MNC) as a principally passive object‚ more often than not simply
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Chapter 4: MODES OF EXTINGUISHING OBLIGATIONS a) By payment or performance b) Loss of the thing due c) Condonation or remission of the debt d) Confusion or merger e) Compensation f) Novation In addition: g) Annulment h) Rescission i) Fulfillment of a resolutory condition j) Prescription k) Death of a party in case the obligation is personal l) Mutual desistance m) Compromise n) Impossibility of fulfillment o) Happening of fortuitous events PAYMENT or PERFORMANCE
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Why go global? In today’s world‚ it feels necessary for growth-minded business to go global. “How to take your company Global"‚ is an article in Entrepreneur magazine that discusses this topic and also perfectly relates to some of the concepts that were talked about in class. This article talked about of some of the advantages and motivations to grow your business internationally .It also discussed concepts including importation and exportation ‚ and how these go along with the topic of going
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