Business Ethics Quiz 2 Essay - 658 Words

Question 1 0 out of 5 points Incorrect Nonconsequentialists like Ross believe that Answer Selected Answer: we have no obligation to promote general welfare. Correct Answer: morality permits each of us a sphere in which to pursue our own plans and goals. Question 2 0 out of 5 points Incorrect Utilitarians believe that Answer Selected Answer: an action cant be right if the people who are made happy by it are outnumbered by the people who are made unhappy by it. Correct Answer: an action that leads to unhappiness is morally right if any other action that you could have performed instead would have brought about even more unhappiness. Question 3 5 out of 5 points Correct Egoism as a psychological theory†¦show more content†¦Correct Answer: was in accordance with duty, but not done from duty. Question 9 5 out of 5 points Correct According to Kant Answer Selected Answer: good will is the only thing that is good in itself. Correct Answer: good will is the only thing that is good in itself. Question 10 5 out of 5 points Correct According to W. D. Rosss theory Answer Selected Answer: we have various moral duties that cant be reduced to a single, overarching obligation. Correct Answer: we have various moral duties that cant be reduced to a single, overarching obligation. Question 11 5 out of 5 points Correct The statement that best defines rights is Answer Selected Answer: a right is an entitlement to act or to have others act in a certain way. Correct Answer: a right is an entitlement to act or to have others act in a certain way. Question 12 0 out of 5 points Incorrect Consequentialism Answer Selected Answer: differs from nonconsequentialism because nonconsequentialism denies that consequences have any moral significance. Correct Answer: states that the moral rightness of an action is determined solely by its results. Question 13 5 out of 5 points Correct Kant believed that we should always act Answer Selected Answer: in a way that we can will the maxim of our action to become a universal law. Correct Answer: inShow MoreRelatedSP15 SCM 305 Syllabus1256 Words   |  6 PagesSchool of Business Course Syllabus – SCM 305 Business Decision Making Spring 2015, Wescoe 3140 1:00-2:15, Tuesday/Thursday Instructor: Joe Walden E-mail: joewalden@ku.edu Office: 118i Summerfield Office hours: Tuesday/Thursday: 9:00-11:30 PM; Monday/Wednesday 8:00-10:30; Or by appointment TAs: Jamie Mack Pamela Carper Deepa Anant Jill Carroll Angie Kim Course Description: This course is an introduction to decision making encountered in business and everydayRead MoreCourse schedule IST7100 1 1 1589 Words   |  7 Pagescourse includes: 1) The top management’s strategic perspective for aligning competitive strategy, core competencies, and information systems; 2) The development and implementation of policies and plans to achieve organizational goals; 3) Defining the systems that support the operational, administrative, and strategic needs of the organization, its business units, and individual employees; 4) Approaches to managing the information systems’ function in organizations, including examination of the dualRead MoreBus 311 Business Law Entire Course Material1611 Words   |  7 PagesBUS 311 Business Law Entire Course Material Follow the link below to purchase http://www.homeworkarena.com/bus-311-business-law-entire-course-material    Visit Website: http://www.homeworkarena.com/ Please contact us for more Tutorial amp; Help (climaxbegin@gmail.com) BUS 311 Week 1 DQ 1 Applying the Law to a Set of Facts    Applying the Law to a Set of Facts.  Read the Hypothetical Case Problem #1 at the end of Chapter 1 and respond to these questions 1. If Javier sued Energy-AutoRead MoreManaging Human Resources Quiz 4 Review Chapters 1 Thru 41463 Words   |  6 PagesManaging Human Resources | Quiz 3 | Review: Chapters 1 thru 4 Student: There are Multiple-choice, True or False, and Short Essay questions. Note: All questions also require a brief response explaining the reason for your answer. Circle the correct multiple choice answer; or check (ïÆ'â€") the correct answer for True or False statements 1. When the human resources function creates a unique capability in a firm that creates high value and differentiates the organization from its competition, human resourcesRead MoreBusiness Ethics And Virtue Ethics1277 Words   |  6 PagesBusiness Ethics and Virtue Ethics There are many things that make a company unique and successful. The liberty of working in an organization in society today is that, companies are filled with many different individuals from all ways of life. 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Parts of this book have been produced to give his most recent findings light to help young experts and sport administration understudies get to be pioneers in various regions of sports. Dockweiler, S. (2014, August 2). Https://www.themuse.com/advice/the-most-useful-personality- quiz-youll-take-this-week. Retrieved September 25, 2016, from http://time.com/3074037/personality-quiz/ This quiz by Dockweiler will not only helpRead MoreSyllabus1864 Words   |  8 Pages Seminar – Business amp; Society (BUS 682) Fall 2013 – Tuesdays Course Objectives: This course emphasizes the theories and practices of the ethical, social, environmental, political, and legal aspects of business decision-making and leadership practices. These areas reflect the mutual impacts of profit, non-profit and government organizations in the U.S. and globally on business stakeholders. Course activities will hone your critical analysisRead MoreCode Of Ethics And Ethics1457 Words   |  6 PagesCode of Ethics A business code of ethics is a series of established principles an organization uses when operating in business or society. Organizations often develop these codes to ensure that all individuals working in the company operate according to the same standards. Most individuals have an internal code of ethics or moral principles they follow in life. A situation one individual finds ethically reprehensible may not seem so to another individual. Using a code of ethics in business attemptsRead MoreEssay on Leadership Reflections: Aspects of Dysfunctional Leadership1520 Words   |  7 Pagesapproach to leadership. Relative to groupthink, the author’s strong critical thinking skills and desire for creative solutions to problems essentially derails involvement in groupthink decision making. 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Manager - 3278 Words

BARILLA SpA (A), (C) and (D) 1. Draw a flow diagram for Barilla dry products sold through distributors. Your diagram will have four major sections: Barilla production, Barilla Finished Goods Inventory, Distribution Centers, and grocers. Indicate the flows of both physical goods and information. At appropriate places on your diagram, collect any relevant statistics mentioned in the case, for example on inventories, lead-times, etc. Please refer to the following page (page 2 of this document) for the process flow diagram for Barilla dry products sold through distributors. INSERT PROCESS FLOW DIAGRAM 2. What are the problems and difficulties facing the supply chain? What is their impact? Diagnose their underlying†¦show more content†¦Because Barilla ¡Ã‚ ¯s manufacturing operations could not switch quickly between products, Barilla was forced to maintain overall higher inventory. The long set up times and lack of manufacturing flexibility resulted in higher cycle times to produce the product. 3. How does the JITD program hope to correct these problems? The core problem facing Barilla is the high degree of demand variance that it experiences by product and throughout the year. The main causes of the demand variance are limited visibility downstream, and reliance on promotions to push product downstream. In order to increase visibility downstream, Barilla has developed a program that pulls relevant shipping information from their downstream partners. This allows Barilla to optimize production and transportation decisions given the information. Barilla ¡Ã‚ ¯s Just-In-Time-Distribution program (JITD) effectively looks at the daily shipping decisions made by distributors and warehouses, combines that information with each distributor ¡Ã‚ ¯s stock position by SKU and plans future production and replenishment decisions for each distributor. In order to reduce Barilla ¡Ã‚ ¯s reliance on promotions to push product downstream, Barilla plans to reduce the frequency and magnitude of its promotions. Barilla will demonstrate to its customers that the gains (reduced inventory carrying cost, reduced stock outs, reduced damagesShow MoreRelatedWhat Is A Successful Manager?1734 Words   |  7 Pagesis a successful manager? Is it one that can lead their company to thrive, or is it a manger that can rally the employees to provide quality work? A manager is a person who is responsible for supervising and motivating employees and for directing the progress of the company. A successful manager usually means happy employees and a successful company. The successful manager must possess certain qualities and skills in order to be successful. 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There are many different views on what functions managers should or are expected to perform within a modern organisation and what skills they require. Rosemary Stewart (1967) expressed this idea, A manager is someone who gets things done with the aid of people and other resources . Being a manager is not only a distinct occupation but is also a desired universal human activityRead MoreEssay on River Woods Plant Manager1046 Words   |  5 Pages1. If you were part of the selection committee for the River Woods plant manager position, based on what youve learned about the sources of personal power in this chapter, describe what youd consider to be the ideal candidate’s qualifications. The selection committee should keep in mind that handling managerial positions can be an overwhelming job and also cause a great deal of stress especially in such a challenging situation as with River Woods Plant. 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Organisational Objective Collaboration and Cooperation †MyAssignmenth

Question: Discuss about the Organisational Objective Collaboration and Cooperation. Answer: Introduction: With the emerging trend of globalisation and expanding business organisations across the globe, the demand for accounting and finance management experts is being felt at the highest. Experts with skills and competencies to undertake an analysis of financial information and demonstrate a leadership role are being searched by companies big and small. Understanding the prospects an individual would have in this field, I am applying for the Accounting and Financial Management and Mathematics BA Degree conferred by the Sheffield University Management School, UK. This is a dual honours course, implying that the course would be in collaboration with the School of Mathematics and Statistics which is the partner department. The duration of this course is three years. The course offers a good grounding in both the subjects of Accounting and Financial Management as well as Mathematics. Both the subjects are given equal weighting, and the students are given a chance to study particular areas in an elaborative manner. The two subjects are taught in a manner that complement each other and opens up great career opportunities. As a professionally qualified specialist and practitioner in accounting and finance and mathematics, I would like to seek to continue my professional development with a goal of taking on managerial responsibilities. The course that I am applying for would help me in enhancing my ability to critically evaluate, contextualise and communicate all forms of financial information that would add much value to my organisation that I would work in. Accounting and Financial Management and Mathematics BA Degree, Sheffield University Management School has been receiving an appreciable level of national accreditation and has been preferred by a large group of students. The university takes pride in offering a rich learning environment where one can develop his own professional competencies and learn through practical experiences. The learning process is extended through collaborative team work arranged by the concerned departments, and other experiential opportunities. Graduates from the university get to work for reputed companies such as Amazon, Barclays, Deloitte, Marks Spencer, KPMG, and Tesco where they are hired in departments such as accounting, human resource management, information systems, and operations management. Knowing the strategies to deal with the constantly evolving international market, the graduates of this university have earned a name for themselves by working with multinational companies where they demonstrate their understanding of cultural and social aspects of working on a global scale. I am looking forward to working at such a level and put my best efforts to be recognised as a successful accounting and finance analyst. The course would help me in developing the core skills required to work in a goal-driven organisation where I can ensure my professional development. I am sure that throughout the course I would get to work with students coming from different backgrounds who would have a wide range of practical experienc es. Interaction with my peers would make the networking enjoyable apart from beneficial for my future. Coming to my details, I would like to mention that I came to UK in the year 2012 with the aim of having a successful career. I have always had a flair in mathematics that I eventually chose as my profession. Two of my favourite areas of mathematics have been numerical analysis and advanced calculus. I have always felt a motivation to solve numerical algorithms and perform detailed analysis of numerical methods. I have developed basic ideas of techniques for solving problems in calculus and finding solutions to problems of integration and differentiation over curves, volumes and surfaces have always fascinated me. In the past, I have gained valuable experience in working at a restaurant where I was entitled to manage accounting tasks. While working at the restaurant, I have learnt that people skills and teamwork are essential for working in any organisation apart form core subject knowledge. Drawing insights from the experience I would like to highlight that my focus in future would be to engage in effective communication with my peers and work towards the same organisational objective through collaboration and cooperation. I would like to inform about my academic qualifications that have enabled me to apply for the mentioned course. I have received a math GCSE A grade. At present, I am studying Access to HE Diploma (Humanities and Social Science) that is a Level qualification preparing students without traditional qualifications for studying at university. Learners of this course progress to Higher Education studies in areas such as mathematics, IT, sociology, English language studies, psychology and history. Conclusion: I have the idea that an account and finance expert needs to work with tax returns, databases and financial statements. A set of transferrable skills are necessary for me to migrate to different roles in the organisation I would work with. Through the experience that I have gained, I know that an accountant needs to know how to communicate accounting principles through a common language. I would ensure that I communicate with individuals from all levels of the organisation. As the saying goes, accounting is the language of business. I believe I would demonstrate the capability to handle large quantities of information that is a part of information processing system. Getting enrolled in an IT course might be advantageous for me at any stage as accountants are to be well-versed in computer usage. It is imperative for any individual to have hobbies and personal interests that boost the professional performance. My hobbies are playing badminton, listening to music of the romantic genre. In free time I enjoy watching movies and like to keep myself informed about the current affairs by reading the newspaper. I believe in maintaining a proper work-life balance and engaging in such extra-curricular activities would ensure the same.

The Pros and Cons of Negatively Geared Investments Free Sample

Question: Critically analyse the Risks and Returns associated to Negative Gearing from Investment in Definite Assets, Particularly in the Context of Increasingly Volatile Conditions of the Market. Answer: Introduction Background of the topic Negative gearing indicates towards purchase of a particular asset without even receiving adequate earnings from the specific investment to cover the interest expends as well as other associated costs involved in maintaining the same. As rightly indicated by Wood and Kemp (2013), negative gearing can be regarded as a certain form of negative leverage in which a particular investor can borrow money in order to invest. Objective of the report The objective of the current report is to critically analyse the risks and returns associated to negative gearing from investment in definite assets, particularly in the context of increasingly volatile conditions of the market. Summary of the findings Analysis of the findings reveals the fact that in the United Kingdom, negative gearing that leads to loss of earnings of a tax payer, that loss is essentially quarantined. Nevertheless, in cases where the taxpayer owns in excess of one asset, then any kind of loss can essentially be applied against gains of another, that too in the same financial year. However, in case if after the application of the loss, the tax payer remains in a position of net loss for the specific year, then in that case, that particular loss can also be carried forward as well as utilized in the upcoming income years (Grudnoff 2015). Thus, any kind of applied loss can be particularly offset as against the capital gains of the subsequent clearance of the assets. Analysis of the Risks and Return of negatively geared investments As advocated by Davidson and Evans (2015), all kinds of investment have an element of risk. However, there is always a cost associated to the factor of lowering of risk. Thus, it is often said that the lower the risk, the lower is the return. As correctly indicated by Mkumbuzi (2016), the risks that can be associated to negative gearing is that the entire value of the property might not sufficiently increase for covering up the losses. Yet another risk that can be associated to the negatively geared property is that the interest expense might rise. There are several individuals whom have suffered due to both of these two reasons. In addition to this, there are also issues of specific time that is taken to attain capital gains taking into account the uncertainty of attaining the same. As rightly indicated by Fajana and Oduyemi (2016), the bottom line that can be associated with negative gearing is that the investment is incurring a loss, and the ones who are banking on different windfalls can play a very risky game. The very word negative gearing suggests that the income or else the rent cannot essentially cover the costs of interest or in other words expenses of running the particular property. However, the gross earnings generated from the specific investment is lower than the owning cost as well as the cost of management, counting depreciation and the interest charged excluding repayment of capital. As rightly put forward by Wood and Ong (2013), a particular property with positive flow of cash implies that the rental earnings from the specific property can cover all the cost of outgoing cash related to the property. Contrarily, a property with negative flow of cash implies that the rental earnings from the definite property cannot cover up all the cost of the o utgoing cash related to the particular property. Another major risk that can be related to the negative gearing is essentially the legislative risk. Critics are also of the view that negative gearing is a bad thing as this makes it difficult for different first time owners to purchase a property such s home or else investment portfolio. However, this happens mainly because the investors need to compete with diverse offers presented by financiers and there are a few new comers who can compete with particularly seasoned as well as established investors. Furthermore, the things that are not taxed need to be made up by different other earnings, subsequently costing more to all the average (Peel 2016). As indicated by Baum and Crosby (2014), individuals who go for negative gearing essentially bet on bigger capital gain when they can sell all the acquired properties to make up for all the losses on essentially the income side. However, this can be observed as a dangerous scheme in which the risks can remain masked in a specific environment in which prices of the property can remain at high or else low level. On the other hand, Wood et al. (2016) argues that the advantages of negative gearing exist primarily for the financiers that deal with different types of property. However, since the losses from the investments decrease from specific taxable income, payment of taxes are comparatively less. Whilst there is net loss for a certain period, this too can assist in offsetting the loss until the overall investment develops and becomes something greater or more than the original. Particularly, the association with the taxes is not in all the nations. As correctly indicated by Morley and Thomas (2016), negative gearing occurs at the time when the overall rental earning received is lower than the entire cost involved in purchasing the investment property. This is also often regarded as capital growth properties and particularly the negatively geared investments are anticipated to appreciate in terms of value over a specific period of time. However, this increase is anticipated to outweigh all kinds of financial losses that occur during the short term period. In addition to this, the properties are also usually situated in areas that are closer to all the capital cities that typically performs over a specific long term period. Abeywardhana and Krishanthi (2015) debates that despite different disadvantages there are certain advantages of the negatively geared investments. The advantages can be observed in terms of growth in capital. Geurs and Halden (2015) advocates that the returns from capital are said to outweigh the entire levels of borrowings in addition to costs in order to create wealth for all the investors at sale given that the strategies and arrangement of negative gearing are implemented. Baum and Crosby (2014) suggests that the negatively geared investment schemes also help in affordable investments for tenants owing to the affordability. This can help in securing tenants for a long term period. In addition, negatively geared investments are also less volatile unlike a particular property in a local areas that might depend heavily on specific employment industries to lift up the demand. In this case, the properties heavily depend on varied factors and can be regarded to be less volatile investments. However, critics argue that there are also disadvantages or risks that are attached to the negative gearing. For instance, budgeting is required in order to deliver budget for different ongoing shortfalls at the time when the particular property under consideration is sold against a profit. Furthermore, critics put their view against the negative gearing and advocates that this is not a long term strategy for creation of wealth (Peel 2016). Thus, in case if the circumstan ces alter and a sale becomes obligatory then the sums might not work out desirably. Again, if in case an individual losses a job, then there is need to maintain the costs associated. Thereafter, it becomes necessary to build a plan that can ensure that the individuals are entirely prepared. For example, protection of income long with insurance policies (Mkumbuzi 2016). Numerical Example A numerical example can help in further explaining the negatively geared investment and help in correctly appraising the same. For instance, there is purchase of an investment property and the purchased property is situated in an area of high growth and stable area where essentially properties are rented at an affordable price owing to higher availability of different rental properties in the specific area. Let us consider, the property is rented to tenants against a rental return of around $425 every week. However, the cost of repayments for the specific property that includes repayments of loans, management of property, fees and rates amounts to $440 each week. Thus, after all expends it can be observed that the rental income generated from the property does not cover the entire cost of repayment and there is a shortfall of around -$15 every week. Thus, in this particular situation, it can be said that the property is negatively geared. Another example of negative gearing, suppose a property is purchased for $300000 and $250000 is borrowed for financing the project at a interest rate of 8% along with weekly rent of $300. Other ongoing costs comprise of fee of then agents that is around 8.5% of all specific rents, rates, repairs, maintenance as well as insurance. This suggests that the net income for the entire year can be $14274 obtained by deducting $1326 from $15600 that is equal to a net yield of rental of 4.75%. Conclusion The above mentioned helps in comprehensive understanding regarding the pros and cons of negatively geared investments. The current segment explicates the fact that the negatively geared investments are anticipated to generate higher profits only by means of capital gains. In addition to this, there remains no assurance as regards the value of particular property that can appreciate during the time period of holding that in turn can cover up for the losses. In this regard, it can be said that the gearing policy can increase gains and at the same time can amplify the figure of losses in case if the property price falls that is in volatile market conditions. This in turn can lead to increase in the loan balance in comparison to the value of the property. References Abeywardhana, Y. and Krishanthi, D., 2015. Capital Structure and Profitability: An Empirical Analysis of SMEs in the UK.Browser Download This Paper. Baum, A.E. and Crosby, N., 2014.Property investment appraisal. John Wiley Sons. Davidson, P. and Evans, R., 2015. Fuel on the fire: Negative gearing, capital gains tax housing affordability.ACOSS Papers, p.29. Fajana, O.S. and Oduyemi, O., 2016. Is Opportunistic Investing Rewarding?A Study of United Kingdom Unlisted Funds. Geurs, K. and Halden, D., 2015. 30 Accessibility: theory and practice in the Netherlands and UK.International Handbook on Transport and Development, p.459. Grudnoff, M., 2015. Top gears: How negative gearing and the capital gains tax discount benefit the top 10 per cent and drive up house prices. Mkumbuzi, W.P., 2016. Influence of intellectual capital investment, risk, industry membership and corporate governance mechanisms on the voluntary disclosure of intellectual capital by UK listed companies.Asian Social Science,12(1), p.42. Morley, B. and Thomas, D., 2016. An Empirical Analysis of UK House Price Risk Variation by Property Type.Review of Economics and Finance. Peel, M.J., 2016. Owner-Managed UK Corporate Start-Ups: An Exploratory Study of Financing and Failure.Entrepreneurship Research Journal,6(4), pp.345-367. Wood, G., Ong, R. and Cigdem, M., 2016. Housing Tax Reform: Is There a Way Forward?.Economic Papers: A journal of applied economics and policy,35(4), pp.332-346. Wood, G.A. and Kemp, P.A., 2013. The taxation of Australian landlords: Would the British tax treatment of rental investments increase tax burdens if introduced in Australia?.Urban Studies,40(4), pp.747-765. Wood, G.A. and Ong, R., 2013. When and why do landlords retain property investments?.Urban Studies, p.0042098013484544.