Indonesia is the largest economy of the South East Asian region. Previously considered a developing economy‚ Indonesia is now categorised an emerging economy due to its strong growth performance‚ prospects and shift from an agricultural based economy to a newly industrialised one. Despite it’s increasing economic growth rate of 6.2% in 2012‚ Indonesia still suffers from a relatively low level of economic development‚ as indicated by the HDI of 0.629 which is below 120 other economies. Mostly‚ this
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Bandung‚ Indonesia Place to place and city to city. There is plenty much to see in this world. From Bandung to Melbourne—London—New York. What is really matter‚ though‚ it is not where you at. What matters most is‚ well‚ YOURSELF. Bandung (pronounced [bənˈduŋ]) Indonesian‚ Kota Bandung is the capital of West Java province in Indonesia‚ and the country ’s third largest city‚ and 2nd largest metropolitan area in Indonesia. Located 768 m (2‚520 ft) above sea level‚ approximately 140 km southeast of
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Utilitarianism and Business Ethics Utilitarianism is a normative‚ consequentialist‚ empirical philosophy which links the idea of a good action to one which promotes maximum pleasure or happiness‚ found by adding up costs and benefits (or pains and pleasures). It has two classic formulations - Bentham’s hedonistic (pleasure-based) act utilitarianism and Mill’s eudaimonistic (happiness-based) rule utilitarianism. In this article we make some preliminary comments on Bentham and Mill before analysing
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In this essay I will discuss Utilitarianism by first explaining how Utilitarians are consequentialists who base their actions on the pleasure of pain of their consequences. Secondly‚ Jeremy Bentham will be discussed as the propagator of the Principle of Utility which determines human self-interest and voluntary action to achieve the greatest good or greatest pleasure. Thirdly‚ I will discuss John Stuart Mills and his more complex version of Utilitarianism. To clarify the Utilitarian theory I will
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50219 BBS 3FA CASE SUMMARY & HIGHLIGHTS Formation of Nike In 1958‚ Phil Knight came realised the need of a good American running shoe and started working on his idea. In 1964‚ he along with Bowerman formed an athletic shoe company and called it Blue Ribbon Shoe (BRS) company. In 1971‚ they developed a distinctive trademark and a new brand name and this is how Nike came into existence. Exceptional economic performance Nike grew at an amazingly fast pace with profits growing from $10 million
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Utilitarianism is a moral theory that is considered to be influential in a society. A moral theory is an explanation of how the paradigms of right or wrong associated with actions‚ simultaneously explaining how one’s character can be considered good or bad. Through this moral theory known as utilitarianism‚ one’s actions play a key role. An individual who practices the utilitarian moral theory has right actions as long as it promotes happiness for the maximum number of people possible leading to
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The use of utilitarianism when making moral decisions leads to an injustice society‚ evaluate this claim. The use of utilitarianism is a controversial subject for many people‚ some believe by using it‚ it can bring happiness to the majority of society‚ others say by using utilitarianism it can take away peoples own judgment making our society unjust. Strengths of Bentham’s theory begin with the fact that utilitarianism offers a relatively straightforward method for deciding the
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Utilitarianism Utilitarianism is an ethical theory that assesses an action as morally right and just if it produces the most amount of net happiness. There are two forms of utilitarianism: act utilitarianism and rule utilitarianism. Act utilitarianism is the standard form‚ which considers all paths of the action that lead to immediate and long-term happiness‚ as well has the magnitude and how long the happiness will last. Furthermore‚ if all paths lead to the same amount of net happiness‚ each
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conceptions on human nature and how we as human beings should go about living our lives. They also have strong cores and there purpose is very clear. According to utilitarianism humans have two masters’ pain and happiness‚ only good actions will achieve happiness and will also minimizes pain. In one sentence you can describe utilitarianism as “the greatest good for the greatest amount of people”. While in the other hand the Kantian ethics is what defines us as a person is our rationality and autonomy
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believe in it‚ it needs to benefit them in some way. This paper will discuss the properties of utilitarianism and the benefits it has on society. It will also compare utilitarianism to egoism‚ Kantian ethics‚ intuitionism and affirmative action. Utilitarianism’s overall purpose is to serve the greater majority and this paper sets out to prove that. This paper will discuss many major points in utilitarianism such as: it links happiness and morality‚ it conforms to meet the needs of different situations
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