act and rule. In these ways the utility principle is applied differently. Act-Utilitarianism is concerned with treating each moral situation as unique; therefore‚ applied the utility principle to each act. The Fundamentals of Ethics states‚ “Rule-utilitarianism is the version of rule consequentialism that says that well-being is the only thing of intrinsic value” (Shafer-Landau‚ Russ G-6). This means rule-utilitarianism draws up general rules based on the utility principle. Furthermore‚ rules are
Premium Ethics Morality Utilitarianism
Historical Account of the Industry 1.1 When and how did it start in the Philippine Setting? The National Water Resources Board (NWRB) was created in 1974 as the authoritative national organization to coordinate and integrate all activities in water resources development and management. Its main objective is to achieve scientific and orderly development and management of all the water resources of the Philippines consistent with the principles of optimum usage‚ conservation and protection to meet
Premium Water supply Drinking water Water crisis
The Government Should Pay for Healthcare The costs of affordable health care and government run healthcare have become an enormous political argument over the past few years. The healthcare debate dates back to 1934‚ when President Franklin D. Roosevelt included government-funded healthcare in his "New Deal" as a part of his social security legislation. Government run healthcare has been debated many times. Many people believe that government run healthcare is a mistake. Many believe that
Premium Health care Health economics Medicine
Furthermore‚ there is not a single distinctive proof that engaging in corporate social responsibility (CSR) would cause growth in sales or profit. Thirdly‚ companies might be unwilling to involve in socially responsible behaviour because corporate social responsibility projects and initiatives calls for a change in the policies of the company‚ and some CSR processes can result in the business becoming more burdensome to
Premium Corporate social responsibility Social responsibility Business ethics
Expected Utility Theory and Risk Aversion Seminar Paper 1 Contents S.no. Topic Page No. 1. Acknowledgment 2 2. Introduction 3 3. Is this theory Empirically true? 8 4. 5. How do different people with different levels of risk aversion behave‚ under the EUT? Major Criticism: Coherence of Large & Small Stake gambles 13 16 6. Conclusion 20 7. References 21 2 Acknowledgement I would like to thank Mr. because without
Premium Utility Risk aversion Decision theory
Public-private Partnerships INTRODUCTION: During the past few years‚ the Province of New Brunswick has entered into several public-private partnership projects. It was one of the first provincial governments to embark on such endeavors and has been able to develop “best practices” to be applied to public-private partnership projects. This document contains guidelines for public-private partnerships reflecting these best practices. DEFINITIONS: Agreement between government and the
Premium Private sector Public–private partnership
International Applied Economics and Management Letters 1(1): 9-12 (2008) Are Malaysian Government-Linked Companies (GLCs) Creating Value? Y. W. Lau1 and C. Q. Tong2 Faculty of Economics and Management‚ Universiti Putra Malaysia 2 School of Business and Law‚ Sunway University College 1 Abstract: Government-linked companies (GLCs) play an important role in the development of the Malaysian economy. However‚ overall public perception of GLCs in Malaysia has been tainted by the poor performance
Premium Selangor Economy of Malaysia Khazanah Nasional
Qing Yuan ESL114 Section G Ryan Salvador May 3‚ 2012 Should the Chinese government ban the internet censorship? Since the birth of internet‚ people have been bombarded with different kind of information every day. Internet is a network that connects the data of different private computer networks and organizational computer groups from people or organizations around the world (Merriam-Webster Dictionary). As a result‚ people are looking forward to having access to any kind of websites of their
Premium Internet Carnegie Mellon University Domain Name System
Why Should Government Promote Vocational Education and Training? Introduction Vocational education and training can be seen as “deliberate interventions” (UNESCO’S) designed to bring about learning which help youth and adults develop necessary skills and qualifications required by employment. It may have many different aims‚ but the distinctive purpose of VET is to make worker more productive. There is no denying the fact that well-educated and highly-skilled workforce is important for an economy
Premium Education Learning Teacher
country to develop with high economic growth‚ the government should provide high security (human security and national security) and accountability to public. If a country has rich natural resources‚ the government should endeavors on its responsibility for providing public services and security issue than lack of natural resources country due to the vulnerable effects of natural resources. In order to fulfill the security issues‚ the government needs to provide not only defense services and strong
Premium Economics United States Macroeconomics