Briefly Applying a Decision-Making Framework 1. Who are the stakeholders involved in this decision? The stakeholders that will be affected by this decision are Linkage Construction Inc.‚ the companies that Linkage Construction Inc. contracts for‚ the investors‚ employees‚ and the community but Linkage Construction Inc. is the only one taking part in the main decision making. 2. What are the ethical issues involved? The ethical issues involved are whether to manipulate the financial
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Guideline (brief simple short essay - example only to assist with planning) TOPIC: Discuss positive accounting theory and contrast it with normative accounting theory. Provide examples where appropriate. The purpose of this essay is to provide an overview of positive accounting theory (PAT) and highlight how this theory differs to normative accounting theory. Definitions and assumptions of both theories will be considered and examples of the theories will be provided. In addition
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Code of Ethics Analysis Paper This paper compares and contrast codes of ethics as addressed by the American Counseling Association and the American Association of Christian Counselors (AACC). The main difference that one sees is that the AACC is bases its ethical codes primarily on biblical principles. According to the AACC¸ “the code is a comprehensive‚ detailed‚ and integrative synthesis of biblical‚ clinical‚ systemic‚ ethical‚ and legal formation” (AACC Code of Ethics‚ 2004). Whereas the
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CHAPTER 3 NOTES: GATHERING MARKETING INTELLIGENCE: THE PROJECT APPROACH - Program Strategy – is a company’s overall philosophy of how marketing research projects fit into its marketing plan. o Specifies the types of studies that are to be conducted and for what purposes. o "Should we do marketing research?" - Project Strategy – is the design of the individual marketing research studies that are to be conducted. o Deals with how a specific study should be
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In this bright future we have people who thrive for money and will do almost anything they can to receive the large amounts of money that is possible. How far will one person go to make an immense amount of money? Would they go through a Ponzi scheme? A Ponzi scheme is an investment fraud that brings the payment of the purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new targets by promising to invest their funds in opportunities
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1) What is ethics? A set of moral responsibilities and obligations that guided the researcher to conduct research with accountability and responsibility. It is also can be as moral philosophy‚ involves systematizing‚ defending and recommending concepts of right and wrong conduct. Ethic is doing all possible good‚ or rather avoiding gross wrong. Ethics is not the matter of following to what the feelings’ is considered‚ or anything to do what religion told us to do. It is also not the same as following
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EVERY LEGAL SYSTEM IS NORMATIVE BUT ALL NORMATIVE SYSTEMS ARE NOT LEGAL SYSTEMS NORMATIVE REQUIREMENTS OF LAW AS A SYSTEM: SYNOPSIS 1. INTRODUCTION 2. DISTINCTION BETWEEN NORMATIVE AND FACTUAL DISCOURSES 3. NORMATIVE REQUIREMENTS OF LAW • MATERIAL REQUIREMENTS • HEURISTIC REQUIREMENTS • HERNEUTICAL REQUIREMENTS • TELEOLOGICAL REQUIREMENTS Norm is a proposition that guides or regulates conduct of given persons (whose purpose is to guide the actions) so as to create
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Ancient moral theory explains morality in terms that focus on the moral agent. These thinkers are interested in what constitutes‚ e.g.‚ a just person. They are concerned about the state of mind and character‚ the set of values‚ the attitudes to oneself and to others‚ and the conception of one ’s own place in the common life of a community that belong to just persons simply insofar as they are just. A modern might object that this way of proceeding is backwards. Just actions are logically prior to
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Game theory – descriptive‚ normative or prescriptive? Going through life we often are surprised by the different ways how people think‚ make decisions and interact. We believe that most of us are rational human beans (to some extent) and‚ therefore‚ our decisions should be grounded in analysis of the situation‚ our experience and intuition. Therefore‚ the human mind can be seen as an incredibly complicated machine that runs series of theoretical simulations of possible situations (often subconsciously)
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A. Normative Minimum wage in my opinion does not create unemployment among young and unskilled workers. Most unskilled workers enter in the workforce earning minimum wage. Young people are eager to start working in most markets. They usually understand that they have to start out at a low rate of pay or minimum wage. B. Positive Usually when a product decreases in price more people want to have it. Take for example cell phones. When they initially hit the market they were basically
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