Assessed Achieved? P1 Explain the ethical issues a business needs to consider in its operational activities. P2 Explain the implications for the business and stakeholders of a business operating ethically. P3 Describe the social implications of business ethics facing a selected business in its different areas of activity P4 Examine the ethical concerns of the communities in which a selected business operated M1 Assess how a selected business could improve the ethics of their operations M2
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BETTER NOWADAYS Many firms use a variety of methods to make strategic marketing decisions in order to grow‚ compete‚ be first-positioned or just high-positioned‚ or to maintain themselves in the market. But there is one method‚ which is very applied by companies to make relevant decisions. It is usually called the marketing mix of the four P’s. A variety of testimonies and opinions to show that the four P’s‚ according to my opinion‚ must not be used anymore will be explained in the marketing theories
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Methodology Questionnaires and schedules are very much used in gathering a variety of data. They have been used for the collection of personal preferences‚ social beliefs‚ attitudes‚ opinions‚ behavior patterns‚ group practices‚ habits and other kinds of data. The increasing use of schedules and questionnaires is probably due to increased emphasis by social scientists on quantitative measure¬ment of uniformly accumulated data. A questionnaire is a tool for data collection. It consists of a number
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have-categorical. 23. Stock market. An online survey of students in a large MBA Statistics class at a business school in the northeastern United States asked them to report their total personal investment in the stock market ($)‚ total number of different stocks currently held‚ total invested in mutual funds ($)‚ and the name of each mutual fund in which they have invested. The data were used in the aggregate for classroom illustrations. Who- MBA Stats Students What- their total personal investment
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Reducing Foreign Exchange Settlements A company that regularly conducts business in multiple countries must spend a considerable amount of time settling foreign exchange transactions. It may buy and sell the same currencies many times over as it processes individual payables and receivables. There are three ways to reduce the volume of these transactions‚ depending on the number of parties involved: Unilateral Netting: A company can aggregate the cash flows amongst its various subsidiaries to
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Racial Bias has always been an epidemic across the United States even generations back and modern society. The traces of hostility and biased mistreatment towards specific races continue on existing today‚ although many people attempt to fight for change. An article‚ by Morland‚ J. K (1987)‚ which focuses on the development of racial bias in children‚ clearly suggests how racial bias was viewed earlier in history while saying how a darker skin complexion is associated with evil and children learn
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heart of the article is: do lobsters feel pain when they are being boiled alive? The latter could objectively be a very interesting question‚ even a philosophical one. Nevertheless‚ to me more interesting one was how Gourmet felt about Wallace’s writing? According to wikipedia‚ Gourmet is a magazine that publishes articles on food‚ recipes by magazine‚ recipes submitted or requested by readers. It seems that what they printed about the festival and lobsters’ sufferings was likely unprecedented
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幻灯片1 Impact Bias in Affective Forecasting 幻灯片2 Contents: 1. Memory and Prospection Systems 2. Impact bias 2.1 Definition 2.2 Causes of the impact bias 3. Impact bias and loss aversion 4. The way to reduce impact bias 5. Arguments 6. Conclusion 幻灯片3 1. Memory and Prospection Systems Memory and Prospection Systems According to the defination of human memory systems‚ there are two parts of human memory system. Declarative memory Non-declarative memory 幻灯片4 Non-declarative
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Media bias is an unavoidable aspect of any information spreading source or program. Much like the saying “history is written by the victors” (Winston Churchill)‚ any information provided to the general public should be expected to be affected by the personal bias of the ones reporting the information. While it may be hard to spot an example of media bias‚ it is definitely there even if it is not meant to come on as a bias. Whether it is the placement of articles in the local newspaper‚ the scandalous
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How bias is your media? And if at all‚ can you determine to what degree and in what direction of the spectrum? That is the question that economists‚ political analysts and the American public have been trying to answer for years. The two articles that I analyzed are in response to studies‚ and a subsequent book‚ written by Tim Groseclose called Left Turn: How liberal Media Bias Distorts the American Mind. Both articles review the findings of Groseclose’s book‚ but do so in very different ways. The
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