Assess the merits of Utilitarianism (24 Marks) Utilitarianism is a theory aimed at defining one simple basis that can be applied when making any ethical decision. It is based on a human’s natural instinct to seek pleasure and avoid pain. Jeremy Bentham is widely regarded as the father of utilitarianism. He was born in 1748 into a family of lawyers and was himself‚ training to join the profession. During this process however‚ he became disillusioned by the state British law was in and set out
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THE MERIT CORPORATION Family-owned and -operated for three generations‚ the Merit Corporation manufactured and sold children’s furniture. John Kirschner‚ Merit’s CEO and grandson of the company’s founder‚ was actively involved with every aspect of the firm’s operations. Now‚ as he was considering early retirement in the next few years‚ he began to think about his legacy for the future. Merit’s headquarters and the biggest of its three manufacturing plants were located in an industrial park 10 miles
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Introduction Globalization or (globalisation) is the process by which the people of the world are unified into a single society and function together. Globalization is often used to refer to economic globalization: the integration of national economies into the international economy through trade‚ foreign direct investment‚ capital flows‚ migration‚ and the spread of technology. This process is usually recognized as being driven by a combination of economic‚ technological‚ socio-cultural‚ political
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curricula‚ instructional strategies‚ and merit pay. Without a doubt‚ it is true that teachers are one of the main targets for student success. Nevertheless‚ with all the different levels of teaching styles‚ student’s learning skills‚ classroom environments‚ equipment and curriculums‚ how can school districts agree upon teachers’ merit pay that is reasonable and equity? Most schools or districts around the United States continue to provide teachers with a pay system created in the 1920s known as
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including J.P.Morgan with whom Merit has good business relationship and has served Merit with its short term as well as long term funding requirements in the past. The pros of this option are * The well established relationship between J.P.Morgan and Merit will facilitate ease of transactions and negotiations for the 4 billion loan. * Since the consortium of lending bankers will consist of J.P.Morgan ‚ it could better explain the creditworthiness and credibility of Merit to the other bankers and
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On April 7‚ 1782‚ George Washington created the Badge of Military Merit in order to reward those in the military who performed singular meritorious actions. But for unknown reasons following the Revolutionary War‚ the award had “broken service” and was not presented to anyone for approximately 150 years. However‚ it was redesigned in the 20th Century and is now known as the Purple Heart. One example of the Purple Heart is displayed at the home of Mr. and Mrs. James Speller of Windsor‚ N.C. The medal
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3. Review of Cloud Based Solution 3.1 Advantages of Cloud Computing 3.1.1 Cost Efficient: Cloud computing is probably the most cost efficient method to use‚ maintain and upgrade. Traditional desktop software costs companies a lot in terms of finance. Adding up the licensing fees for multiple users can prove to be very expensive for the establishment concerned. The cloud‚ on the other hand‚ is available at much cheaper rates and hence‚ can significantly lower IT expenses. Besides‚ there are many one-time-payment
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Chap 12 Pay for Performance and Financial Incentives Motivation‚ Performance‚ and Pay Incentives Financial rewards paid to workers whose production exceeds a predetermined standard. Individual Differences Law of individual differences The fact that people differ in personality‚ abilities‚ values‚ and needs. Different people react to different incentives in different ways. Managers should be aware of employee needs and fine-tune the incentives offered to meets their needs. Money
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Traditionally‚ all incentive plans are “pay-for-performance” plans. They pay all employees based on the employee’s performance (Dessler). Compensation is a primary motivator for employees. People look for jobs that not only suit their creativity and talents‚ but compensate them both in terms of salary and other benefits accordingly. Compensation is also one of the fastest changing fields in Human Resources‚ as companies continue to investigate various ways of rewarding employees for performance.
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true worth and potential of their human capital and they are not able to gain a complete‚ accurate understanding of human nature‚ so they continue to manage people as they do things. This is particularly evident in the military pay structure. When it comes to promotions and pay raises in the military‚ it is a simple
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