BAKHTYAR Topic: Does a business have any social obligation beyond profit motive? Sources Used: Arthur Miller‚ All My Sons‚ Ferdinand Tonnies‚ The Argument The Ethics of Business‚ The Economist Profit Motive‚ The Guardian Consideration of social responsibility is an important concern for the successful operation of a business. A business can be structured with the sole intention of maximizing profit‚ or it can be structured in a way in which social obligation beyond profit is considered. The
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The Sales Budget The sales forecast provides the framework for the detailed planning presented in the master budget of an organisation. Based on planned strategies and its best business judgment‚ management converts a sales forecast into a sales plan through the commitment of resources and the establishment of control mechanisms. The sales budget provides an evaluative tool by presenting monthly indexes of volume of units and returns as hard targets for the sales team. Deviations from these indexes
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2011). Extended families are more common in Britain today than nuclear families. The latest figures published indicate that the average household in Britain have 1.9 children (BBC‚ 2009)‚ where as the average family in the Amish community have between 6-8 children (Amish America‚ n.d.). The Amish are expected to have a large family and as they see children as a gift from God‚ they do not believe in contraception. In contrast Britain has many subcultures within. Many of these cultures can choose
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Liberals believe that everyone should work together and rely on the government to fix their problems‚ on the other hand conservatives believe that things should be kept personal and problems should be solved on a personal level. Conservatives believe in a strong national security because without it we are open to be hit. Liberals think we invest too much money into our military and social security and believe we should make budget cuts. I personally think that I lean more on the liberal side
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The Difference between Economic Profit and Accounting Profit When it comes to business decisions‚ there are many ways to analysis the financial status of a firm. What guidelines determine profit margin? Who uses these guidelines? How is profit used to analysis a firm and its business decisions? This paper will discuss two terms that are used to define profit: accounting profit and economic profit. The first term is called accounting profit which uses the equa-tion. The second term for profit
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Differences of Accounting for Government & Nonprofit organization versus for profit business. Business accounting has always been considered by some people to be the model for government accounting. But there are differences between one and another. Government and not for profit are governed mainly by their budgets. The budget covers the governmental decisions on how to raise money and where to spend it. Traditionally the budget takes center stage and one of the most public decisions
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The common core between spirituality and religion is the belief in something that is greater than yourself. It is a way of exploring possibilities that connect you with the universe as a whole. A religion tends to be structured and has limitations that serve as a guide for living within one’s faith. A religion tends to identify with a particular set of characteristics that requires the participation of community members to sustain itself. Both spirituality and religion serve to provide meaning and
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the difference between language and dialect. Language is one of the fundamental things for our daily living. The main reason behind development a society is communication and there is no doubt the language is the best way of communication so far. So we can say that the contribution of language for human civilization is enormous. As a language community a community can be own difference of expression‚ attitude‚ tone‚ accent. That is making a language variation in same community. This is called
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Our government has not always been as successful as it is today. America’s government began with the Articles of Confederation and separate state constitutions. This was difficult. The country was not united. Each state took care of everything on their own and the national government could not do anything. Our country had no national money or militia. Traveling was almost impossible. There were very few positive concepts with the Articles of Confederation. Our present government is a federalism.
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main concept is that in hospitality there will be someone acts as a host and treat visitors with respect‚ make they feel comfortable and happy and help them as much as you can. 2. Similarities The similarities between tourism industry and hospitality industry will be discussed at individual‚ community and government level. 2.1. Individual level From an individual prospective‚ tourism and hospitality can be seen to be comprised of 3 equal components: transportation‚ foodservice and lodgment.
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