IBE Notes L4 Ethics in International Business Definition: Business Ethics: the accepted principles of right or wrong governing the conduct of business people Ethical strategy: a strategy/course of action that does not violate these accepted principles A. source and nature of ethical issues in IB: different in political systems‚ law‚ economic development‚ culture a) 5 common ethical issues: Employment practices: establishing minimal acceptable standards that safeguard the basic rights and dignity
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technology introduced. Furthermore‚ training of employees to use the technology will also be costly and time consuming. More so‚ training employees could also lead them to leave the business in order to start up a new business because of the training given by management. Therefore‚ making the productivity level of the business down. If more technologies are changing then more training will be needed and this could lead to further employees leaving their jobs. Also redundancy costs will be increased if
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A budget is how a business manages their money by predicting the amount the company is going to spend. The two types of budgeting our: * Zero budgeting – Urban Fashion will not know how much items is going to cost as the board of directors would not give them a specific amount to spend * Allocated budgeting – Urban Fashion know how much the budget is that they would have to pay things. In economics‚ fixed costs are business expenses that are not dependent on the level of goods or services
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Subsidiary Diploma in BUSINESS Unit Title/No: 4 Business Communication Assignment 1 Deadline Date:………………………………. WHAT YOU WILL LEARN IN THIS UNIT The aim of this unit is to show learners that the collection and management of business information‚ and the successful communication of that information throughout a business‚ is critical for the future prosperity of the organisation. This assignment covers Learning Outcome 1:- Understand different types of business information Grading
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The trial of Socrates This essay is an interpretation of the accusations against Socrates during his trial. Socrates was a Greek philosopher born in 470 BCE. He believed that philosophical system was the value of human knowledge. He would rather die than live and not to be allowed to teach and practice Philosophy and convincing people that the things that are worth it to be valued in life were wisdom‚ truth and the improvement of the soul as an opposed to money‚ honour and reputation. 1 In 399
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Introduction I am planning to start a man spa business in Singapore. Man Spa goal is the best spa to fully committed to care for men. As a complete service‚ man spa will offered treatment based such as face and body skin care‚ massage‚ aromatherapy‚ and hydrotherapy. This function is that to keep man’s health‚relax and reduce stress from man’s daily life. The reason i going to plan for this business that man spa is more than just services.man may be happier to see by paying such attention that
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OUTCOME 2: Understand how to receive and transfer telephone calls – 2.1 Describe how to identify callers and their needs Identify callers needs Start with open questions‚ use active listening‚ don’t interrupt the caller. Clarification of actual situation/facts Ask pertinent questions‚ go over what the caller has said and ask if this is right. Find out what user knows already Ask what information was previous given‚ have respect for the callers attitude without adopting it. Transition providing
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or production depending on the nature of the business.A cash flow is critical because even profitable business can go bankrupt if they do not have enough cash on hand to pay suppliersHaving entered all the known and expected receipts onto our cash flow forecast and all the known and expected payments you now have an overall picture of what the cash position is for the next 13 weeks for your business. You can see where there are likely to be cash shortfalls and surpluses. With this information you can
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Study Notes: Citing a Discussion Posting and Course Study Notes in APA Style NOTE: The links in this document are not active. Citing a Discussion Posting in APA Style If you want to cite a colleague’s Discussion posting‚ follow the guidelines in chapter 7 in the APA Manual. Note‚ however‚ that authors of formal writing published in scholarly journals would rarely cite a Discussion posting because of its questionable scholarly value. So let’s say that you‚ student Zelda Gilroy‚ are participating
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Introduction – Information Technology Information Technology (IT) – mixture of computing and communications that characteristics our current technological environment. Business Organisations Systems and Systems Thinking A system is a collection of interrelated components that function together to achieve some predefined purposes or objectives. A typical system usually had nine characteristics‚ as follows: 1. Component – A part of a system commonly referred to as a subsystem 2
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