Ethical Relativism; No moral truths‚ just relative to the individual/culture. When is different just different and when is it morally problematic? Diversity of standards often leads to issues with regards to; Corruption/work practices/child labour/inferior products/government influence Situation sensitive: need for tolerance/understanding of variety of cultures. Moral diversity: no wrongs/rights‚ based purely on social norms. Shouldn’t pass judgement on situations
Premium Developed country Human Development Index Country classifications
Ethical dilemmas are common issues that every businessman has to face at their working environment. It is not such an easy task for businessman to have an ethical decision making‚ to choose what the “right” thing to do. In this following factual scenario‚ John also has to face some ethical dilemmas in his working environment and have difficulty to find appropriate solution. After a brief summary of the facts‚ I will discuss some ethical dilemmas which John is confronting and some approaches to ethical
Premium Ethics
Pantaloons Retail India Limited The Accounting Standards as per their 2011-12 Annual Report are- 1. AS 1: Disclosure of Accounting Policies- * It deals with disclosure of Accounting Principles and policies used for preparation of financial statements of the companies. 2. AS 2: Valuation of Inventories- * It deals with determination of amount of inventory to be shown in financial statements. It is not applicable to shares‚ debentures‚ stock etc. The cost formulae prescribed
Premium Balance sheet Generally Accepted Accounting Principles Depreciation
Filipino values The Filipino value system or Filipino values refers to the set of values or the value system that a majority of the Filipino have historically held important in their lives. This Philippine value system includes their own unique assemblage of consistent ideologies‚ moral codes‚ ethical practices‚ etiquette‚ and cultural and personal values that are promoted by their society. Models of the Filipino values F. Landa Jocano identified two models of the Filipino value system. The first
Premium Social philosophy Motivation
1007/s10551-011-1130-4 Ethical Blindness Guido Palazzo • Franciska Krings • Ulrich Hoffrage Received: 1 June 2010 / Accepted: 22 November 2011 Ó Springer Science+Business Media B.V. 2011 Abstract Many models of (un)ethical decision making assume that people decide rationally and are in principle able to evaluate their decisions from a moral point of view. However‚ people might behave unethically without being aware of it. They are ethically blind. Adopting a sensemaking approach‚ we argue that ethical blindness
Premium Decision making Morality Decision theory
A REPORT ON APPLICATION OF BANGLADESH ACCOUNTING STANDARDS IN BUSINESS [pic] DEPARTMENT OF FINANCE UNIVERSITY OF DHAKA REPORT ON APPLICATION OF BANGLADESH ACCOUNTING STANDARDS IN BUSINESS FINANCIAL ACCOUNTING –I F-103 Submitted To Dr. H. M. Mosarof Hossain Associate Professor Department of Finance Faculty of Business Administration University of Dhaka Submitted By Members of Group-3 Section-B 14th Batch Department of Finance |Names
Premium Balance sheet Financial statements
302 Accounting Standard (AS) 16 (issued 2000) Borrowing Costs Contents OBJECTIVE SCOPE DEFINITIONS RECOGNITION Borrowing Costs Eligible for Capitalisation Excess of the Carrying Amount of the Qualifying Asset over Recoverable Amount Commencement of Capitalisation Suspension of Capitalisation Cessation of Capitalisation DISCLOSURE Paragraphs 1-2 3-5 6-22 8-12 13 14-16 17-18 19-22 23 The following Accounting Standards Interpretations (ASIs) relate to AS 16: ASI 1- Substantial Period
Premium Asset Costs Cost
The ethical code of my company is as follows: All employees should conduct themselves in an appropriate manner in and outside of work. All working conditions will be in a safe‚ clean working environment‚ to ensure the safety of all employees and consumers. All employees are to be created equally regards of their race‚ religion‚ gender‚ or ethnicity. All employees will be compensated fair and adequately. All employees must follow rules and regulations set by laws and governments to up stain business
Free Morality Law Ethics
Ethical Leadership Influence plays a major part in leadership (Yukl‚ 2010). Powerful leaders can have a huge impact on the lives of followers and the organization (Yukl‚ 2010). Leaders will use power‚ but the primary issue is whether the leaders will use the power wisely (Yukl‚ 2010). At the expense the organization and the public‚ powerful leaders can move up in their careers and economic gain (Yukl‚ 2010). A leader can make unethical practices look legitimate and even influence the members
Premium Leadership
Patrons12 Table 5 Relationship Measures of Remington’s Steakhouse Patrons12 Table 6 Patron Perception Verses Importance Ratings13 Table 7 Correlation of Customer Satisfaction and Perception Measures13 Table 8 Regression P-values on Perception Measures14 Table 9 Regression P-values on Perception Measures without Quick Service15 Table 10 Correlation Results for the Perception Questions22 Table 11A – 11H Summary Statistics22 Table 12 Summary Output30 Introduction Remington’s Steakhouse is a single
Premium Standard deviation Variance Arithmetic mean