WHY BUSINESS ETHICS IS NOT AN OXYMORON? NOTION: In an attempt to answer the subject matter‚ it is then imperative to settle first an understanding of what ‘business’ and ‘ethics’ is as independent from each other and what is ‘business ethics’ as a whole. 1.0 Technical definition of terms 1.1 Business – an organization involved in the trade of goods‚ services or both to consumers. It may be privately owned and administered‚ or state owned to provide service to its customers generally
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Financial Management I subject’s lecturer. We have been given the chance to brainstorm on an idea to start a business and produce a complete business plan. Despite of the obstacles and difficulties we faced throughout the planning stage‚ we are very grateful and thankful as this project had really make us to think with creativity and innovatively in order to create a totally new and convincing business plan. In the beginning‚ we had a good kick start. Our ideas flown in like a river stream and we had
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followed as a weaker performanace will be forseened.Overall ‚ the stock price will decrease and it results in a lower PE ratio.It may mislead some of investors to buy the stock . Apart from PE ratio‚ Dividend Discount Model (DDM) will be a better way to value the stock price. The DDM model seeks to value a stock by using predicted dividends and discounting them back to their present value. The Formula of DDM is Dividend per share over discount rate minus dividend growth rate. Value of Stock = D1
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that a firm’s objective should follow the shareholder wealth maximization (SWM) model. More specifically‚ the firm should strive to maximize the return to shareholders‚ as measured by the sum of capital gains and dividends‚ for a given level of risk. Alternatively‚ the firm should maximize the risk to shareholders for a given rate of return (Moffett‚ Stonehill‚ & Eiteman‚ (2012)‚ pg. 31). Basically the SWM model says that markets are efficient. The reasoning is that it assumes that the share
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GRAMEEN BANK Poverty is not created by the poor people. So we shouldn’t give them an accusing look. They are the victims. Poverty has been created by the economic and social system that we have designed for the world. It is the institutions that we have built‚ and feel so proud of‚ which created poverty. It is the concepts we developed to understand the reality around us‚ made us see things wrongly. The essence of my
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Shawney et al. (2011) introduced a tool that can be used to look for opportunities to innovate. The ‘innovation radar’ has 12 key dimensions‚ namely: offerings‚ platform‚ solutions‚ customers‚ customer experience‚ values capture‚ processes‚ organization‚ supply chain‚ presence‚ networking and brand. Next‚ this paper will apply some of these key dimensions to an innovative firm. The innovative firm I would like to discuss is Ikea Ikea has been able to provide customers with a wide portfolio of
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after I was born‚ then they decided to relocate to Houston where my dad was originally from. My father being an entrepreneur he always had a new “get rich quick scheme”. Although they never did work out as he planned it did give me a true passion in Business and Economics. My parents divorced and re married and after 18 years they cut ties with one another completely. Regardless of how much they did not get along with each other they gave me
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pure grape seed oil produced in South Africa.The company is interested in expanding their operations and looking at importing the product to China. The owner of the business is looking for recommendations on how to launch and market the product in China. Grape seed oil offers innumerable health benefits and this explains the reason why it is extensively brought to use. It is thought to lower cholesterol‚ help with high blood pressure‚ shrink swelling from non-cancerous cysts and provide an allergy
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Media & Society Assignment 1 Why the media matter and why critical engagement with the media is necessary. Use your chosen point of focus (e.g. political economy) to argue for the importance of having a critical understanding of media. Why should we be concerned with media ownership and concentration? Why should we care about the ideologies the media perpetuate? Try to relate your arguments to solid‚ practical examples. Media are “…technologically developed communication industries‚ normally
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THE BUSINESS PROCESS: A business process is a sequence of steps performed for a given purpose. Based on this generic definition‚ a business process considered within the framework of trade facilitation can be defined as: A chain of logically connected activities to move goods and related information across borders from buyer to seller and to provide related services. * A process has a definite starting point-the time‚ place‚ and point of input. * The input is transformed into output
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