egoism is most suitable to describe the Ford Pinto case. Ford is doing things that benefit the organization itself. In addition‚ Ford only considered the short term benefits and neglected the long term interests of the organization itself. The handling of the Pinto from the perspective of each of the moral theories is as following. Act utilitarianism says that Ford did not produce the greatest possible balance of cost-benefit calculation for everyone affected. According to the Kant’s categorical imperatives
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in real GDP or GNP per capita over time. Economic growth is desirable for an economy as it increases its real national income and standards of living for its people in general. Although it is desirable‚ economic growth does have its benefits and costs. One benefit would be increased levels of consumption. Provided economic growth outstrips population growth‚ it will lead to higher real income per head. This can lead to higher levels of consumption of goods and services. With economic growth there
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Performance Activity 37: Conduct a performance assessment‚ or grade papers‚ or quizzes‚ etc. Write about this experience in your journal. I conduct part of the silent reading section of the Basic Reading Inventory‚ BRI‚ with Gabi. Since today was an early release day‚ I only had twenty-eight minutes with Gabi‚ which we didn’t have time to continue with this section of the BRI. On Wednesday‚ I will have to continue to administrator the silent reading section until she is at a frustration level. In
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INTRODUCTION What is Social Cost Benefit Analysis? Cost-benefit analysis is a process for evaluating the merits of a particular project or course of action in a systematic and rigorous way. Social cost-benefit analysis refers to cases where the project has a broad impact across society {and‚ as such‚ is usually carried out by the government. While the cost and benefits may relate to goods and services that have a simple and transparent measure in a convenient unit (e.g. their
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historical cost accounting still widely and continuously to be used by most companies in their accounting. Conversely‚ reporting current cost in accounting are recommended rather than historical cost as it is the fair value reported in the current year would be beneficial to the firm and the shareholders of the company. 2.0 Historical Cost Accounting and Benefits of Current Cost 2.1 Introduction to Historical Cost‚ Disadvantages and Advantages of Historical Cost The historical cost accounting is
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A2 Macroeconomics / International Economy Costs and Benefits of Economic Growth The advantages and disadvantages of economic growth are fiercely debated by economists‚ environmentalists and other commentators. In this note we consider some of the economic and social costs and benefits from expanding levels of production and consumption. In particular we focus on the idea of sustainable growth. The Benefits of Economic Growth According to the UK government‚ ‘a healthy economy leads to higher
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In the past decades‚ the cost of higher education has been increasing. Not only the cost of tuition increased‚ but the number of college applicants has increased as well. More individuals began to continue their high school education due to the fact that the job market has become more competitive. Employers are seeking skilled workers that are able to prove that they are experts in their field. However‚ when you analyze the cost of attending a university‚ is college education actually worth pursuing
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6. A proforma cost sheet of a company provides the following particulars : Elements of Cost Material 40% Direct Labour 20% Overheads 20% The following further particulars are available: (a). It is proposed to maintain a level of activity of 2‚00‚000 units. (b).Selling price is Rs.12 per unit (c) Raw materials are expected to remain in stores for an average period of one month (d) Materials will be in process‚ on averages half a month. (e) Finished goods are required to be in stock for
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ideological elements has begun to build a picture of America’s College Promise’s costs and benefits‚ an approach to typology favored by James Q. Wilson. Wilson asks whether costs and benefits are limited to a small group or spread widely. Spreading costs makes it easier to enact a policy as no one group feels the pinch (Birkland‚ 2015‚ p. 215-216). This would be the case with America’s College Promise as the costs would be covered by general revenues of the state and federal governments (American
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The Cost and Benefits of Hybrid Cars Have you pulled your car up to the gas pump lately and been shocked by the high prices of gasoline? The Auto industry has the technology necessary to address this concern. . It’s the hybrid car. Today‚ there are many different models out there in the market and most major manufacturers are involved in developing them. Hybrid cars will save the drivers a lot of money. The purpose of this paper is to identify the costs and show the benefits of this awesome
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