MGB223 Assignment Item 1 – Business Concept Student Name: _____________________________________________ Student Number: ____________________Result: ______/25 marks CRITERION | GRADE 7 | GRADE 6 | GRADE 5 | GRADE 4 | < GRADE 4 | Identification of business opportunity KS (1.1) 7/25 | Uses creative and original ideas to identify a problem and develop‚ present an original business solution‚ with clear identification of customers and market.
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1.0 Introduction Ethics‚ also known as moral philosophy that can be defined in basic term as what is right or wrong in humans’ morality. The definition of business ethics on the other hand‚ can be defined according by Wikipedia (2011)‚ ‘a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations
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Topics include IT and business strategy alignment‚ IT-enabled business process reengineering‚ IT outsourcing‚ e-commerce technology and management‚ big data analtics and IT project management. Emphasis of the course is on how IT can contribute to organizational effectiveness. Particpants are expected to understand impacts of information technologies on organizations‚ grasp how to achieve competitive advantages through strategic information systems‚ appreciate business intelligence systems
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of utilitarianism explains that we should utilize the optimal moral code to maximize happiness. The same example above can be applied to rule utilitarianism. The doctor would need to consider moral rules. As a doctor‚ what is morally right? In this case‚ telling the truth would be the right decision. 2. What do economists mean by the “declining marginal utility of money”? The declining marginal utility of money means that as a person buys more with their income‚ the more dissatisfied they will
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1. Case of Corporate Social Responsibility/ Environmental Policies McDonald is one famous fast food restaurant in Hong Kong‚ in this few years; they started to concern about the environment protection. They trying hard to reduce use of water‚ solid waste and kitchen exhaust. For the environmental policies‚ McDonald practices 3R: Reduce‚ Reuse‚ and Recycle. First‚ to reduce more waste‚ McDonald change most of their foam packaging to paper‚ this already reduce 80% of their waste. Second‚ they use
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Jason Peters MGMT 1125 Case 2 Questions 1. Social Responsibility is such an important concept in today’s world. If you do not practice it or worse‚ do the opposite‚ you will most likely find your company failing. I believe that every time a tree is cut down‚ a new one should be planted. If industrials are not conscious of their effect on different habitats and ecosystems‚ Earth will surely fail. Starbucks launched the Shared Planet website with three main goals: to achieve ethical sourcing‚ environmental
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Bargaining Power of Suppliers 8 2.3.2 Bargaining Power of Buyers 8 2.3.3 Threat of Substitutes 9 2.3.4 Threat of New Entrants 9 2.3.5 Industry Rivalry 9 3.0 Conclusion 10 4.0 Bibliography 10 1.0 Introduction This paper takes into account the business environment analysis of Marks and Spencer‚ the food and clothing retail store of UK which now has international presence in more than fifty countries. The analysis will be done through different tools like SWOT‚ PESTEL and Porter’s Five Forces model
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Sabrina Negron Unit 4: Business Cycles and Concepts Abstract An employee of the World Bank has been asked to research unemployment concerns in Chile and to write a report of his/her findings. The employee has been asked to research data sets for unemployment and state the relationships between unemployment and Chile’s economy. The employee must answer what trends he/she finds in the data sets and to support those trends with statistical evidence. In today’s economic turmoil one only
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The situation of the Luango River case involves a dispute between the Republic of Ndebele and the Kingdom of Shauna over the transboundary water supply of the Luango River. The Republic of Nbdele has launched the creation of a major bauxite mining and processing industry. To provide energy for this industry‚ Ndebele has hired Dutch corporation Bello Nedam to construct a hydro-electric dam. Across the two countries lives the Ido minority indigenous population‚ who are protesting against the continuation
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The issue of ethics has always been present in the field of business. At times‚ business ethics are considered as a justified approach by many who believe in ethics; however‚ at the same time many who do not agree differ with strong arguments. With regard to the problem under discussion I would like to put forward few of my arguments in favor of copy rights. Hence would like to adopt anti-piracy approach and will certainly support observance of strong ethics in business. Ethics means the ability
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