Read 2: Guidelines for Value Based Management in Kautilya’s Arthashastra N. Siva Kumar & U. S. Rao My objective of choosing this reading was to understand the historical evolution of business ethics in India. Business has been a part of Indian landscape since thousands of years‚ I wanted to understand if there were any guidelines being passes as an Indian business legacy on business ethics. Kautilya’s Arthashastra is supposed to have been written during the 4th Century B.C. (Bandopadya‚ 1980)
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The Consumer as the Principal Driver of Value Think about a purchase experience (product or service) that impressed you. Perhaps you told other people you know about your satisfaction with the process and the outcome. Perhaps your expectations were surpassed. In this discussion forum: 1. Describe this purchase experience. 2. Share the product and the brand name. 3. Share when this purchase happened. 4. Confirm if this company remains in business today. 5. Explain the details
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maid for 10‚000 rupees. “She says full payment is due‚ as well as 50 rupees extra for interest”.(36) She is basically saying she wants the full amount that she is worth. The value of human life is worth more than just a dollar amount. While there are several characters that loves and respect Lakshmi; most of them do not value her as much as they should. Lakshmi has to do whatever they tell her to do if she like it or not she is forced to have sex with them. She says ¨I am torn and bleeding where
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Dell’s Value Chain 1. How has Dell used its direct sales and build-to-order model to develop an exceptional supply chain? Dell has used its direct sales and build-to-order model to develop an exceptional supply chain by taking customer feedback very seriously. Dell uses the feedback to further evaluate and when necessary‚ implement change to improve their supply chain. The company maintains close-knit relationships with customers‚ and maintains very close‚ professional relations with their suppliers
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Moral schools of thought dictate ethical behavior‚ however‚ every culture assigns ethical and moral values differently (Lecture 1). Without a moral or ethical structure‚ society would not prosper. Clashing cultural values make defining morality complicated. Ethicists argue the minimum conception of morality establishes a starting point based on reason that defines and installs a code of morality or ethics. The minimum conception of morality is an “effort to guide one’s conduct by reason—that is
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Introduction Value Chain Analysis describes the activities that take place in a business and relates them to an analysis of the competitive strength of the business. Influential work by Michael Porter suggested that the activities of a business could be grouped under two headings: (1) Primary Activities - those that are directly concerned with creating and delivering a product (e.g. component assembly); and (2) Support Activities‚ which whilst they are not directly involved in production
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Discussion Board: Value Flow Liberty University Discussion Board: Value Flow Value flow is the‚ “Sequence of activities required to design‚ produce‚ and provide a specific good or service‚ and along which information‚ materials‚ and worth flows” (“Value Stream‚” 2014). To be successful‚ it is vital for companies to conduct an efficient value flow throughout all operational processes. Researchers have rigorously studied and assessed the variables and effects of value flow throughout numerous industries
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WHY SHOULD WE VALUE AND RESPECT CHILDREN Each member of staff within a childcare setting has a responsibility for the children in their care for the children’s well-being‚ learning and development. Each child therefore is valued and respected by all staff showing that they respect each child as a individual‚ realising each child has different strengths and weaknesses. However it is the practitioners’ responsibility to recognise the specific strengths and needs of each child as an individual
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The beliefs and values that all members of our society share are our American Civic Values. The most basic belief is freedom‚ but is also justice for all people. Our society tries using many different programs‚ laws‚ and regulations to strengthen our civic values. Individuals do many different things such as volunteering‚ and they also their moral ethical standards to strengthen their American Civic Values. As parents we have to teach our children about good civic values‚ but do not only teach then
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1 The Fairness of Fair Value: SFAS 157‚ Irving Fisher and GECON Paulo Roberto B. Lustosa Professor ‚ University of Brasilia Abstract Fair value measurement is increasingly spreading in accounting standards. In February/2010‚ it was present in 61 FASB pronouncements. Such diffusion led to the issuance of SFAS 157 Fair Value Measurements‚ in which many prior definitions and measurement requirements‚ presented in other pronouncements‚ were replaced by a single standard on this subject. But the expansion
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