Study notes for commerce. Consumer choice Comparison shopping * Impulse buying means buying something without giving much thought to whether you really need it. * A retailer is a person or business that sells directly to the consumer * Comparison shopping is shopping around to find the best deal * If there is a lot of difference in the prices‚ the cheapest product may not always be the best because it may be not last as long as the expensive product Retail stores *
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Utilitarianism In his book‚ J.S. Mill attempts to build on Jeremy Bentham’s original idea of Utilitarianism. His definition of the moral theory is one that is grounded in Bentham’s original work but also extends to include remarks to criticisms of Utilitarianism. Mill believes that‚ like Bentham‚ utility is what is valuable to society. Utility‚ according to Mill‚ is the promotion of pleasure or the absence of pain. He defines this as happiness‚ which is why he refers to utility as the Greatest
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Personal responsibility is the act of being responsible for your own actions. Being mature enough to do what you are suppose to do with no procrastination. Personal responsibility plays an important role in an individual everyday life style when it comes to taking care of things you are responsible to do‚ such as: waking up in the morning‚ get ready for work‚ paying your bills on time‚ and make sure your school works are done on time. It is a personal responsibility to maintain a healthy life style
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The theory behind utilitarianism is that one’s actions are right if it promotes happiness or pleasure and wrong if it does not promote happiness or pleasure. The main point to this theory is the principle of utility that states “according to which actions should be chosen that bring about the greatest amount of happiness for the greatest number of people.” (Palmer) Jeremy Bentham gave essentially utilitarianism its name and brought more attention to it than those before him. Bentham came up with
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Repositioning Women through Cooperatives and Dynamics of Social Inclusion Repositioning Women through Cooperatives and Dynamics of Social Inclusion: An Indian Perspective Bishnu Mohan Dash1 Abstract The term women’s empowerment has always been a subject of discussion among academicians‚ development practitioners and policy makers particularly after the failure of trickle down theory implemented during India’s planned development programmes which could not benefit women equally along with
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Go to Database Directory || Go to Bibliography Reproduced with permission of 17 Journal of Law and Commerce (1998) 343-353 CISG: From the Perspective of the Practitioner V. Susanne Cook Introduction I. Comparing Some Key Provisions of CISG to the Uniform Commercial Code A. The Statute of Frauds B. Warranty disclaimers C. The battle of the forms II. On Opting into and out of CISG A. Advantages B. Disadvantages C. Opting into CISG III. Conclusion Introduction Like it or
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Lesson 2.1 – Issues at the Beginning of Life In vitro fertilization has become very popular for those who are not able to conceive naturally. There are many factors to consider when deciding to have any reproductive procedure done. The parents-to-be need to be well educated with the procedure that will going to be performed. Research is very important. Having a clear understanding on what will be happening before‚ during‚ and after having this procedure. Becoming pregnant is similar to winning the
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5. Relativism Many different ideas have been given the name ‘relativism’‚ and the term has been used to pillory all sorts of views (sometimes for good reasons‚ sometimes for bad ones). It is mere posturing to say that you are for or against “relativism” unless you say what you mean by the term. Here I want mainly to discuss (and to criticize) a view I have encountered among students in philosophy courses‚ who say things like this: "What anyone believes is true for that person. What you believe
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Utilitarianism Key Features • • • Relativist Theory – – – – – – – No Absolutes Morality Depends on individual circumstances Happiness is the most important thing Quality and Quantity of Happiness need to be taken into account The Measure of Usefulness or Fittingness for purpose an action may have Teleological Ethical theories such as Utilitarianism tend to rely on the principle of utility It is the way of measuring how useful an action is in bringing about the consequences that we desire Equality
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The Philosophy of Utilitarianism may have a positive outcome‚ but it can be flawed at times as well. The Utilitarian theory states “ The greatest happiness for the greatest number of people”. Some say this approach is flawed due to it lacking reason and consequence‚ I believe this depends on specific circumstances. Abortion is a big issue now a days and I feel that the utilitarian theory would be a reasonable outlook on this particular situation. To apply the Utilitarian theory to abortion‚ first
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