For a new or proposed business, the selection of a suitable form of ownership business organisation is generally governed by the following factors! The selection of a suitable form of ownership organisation is an important entrepreneurial decision because it influences the success and growth of a business — e.g., it determines the decision of profits, the risk associated with business, and so on. As discussed earlier, the different forms of private ownership organisation differ from each other in
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(i) Identify any THREE (3) unethical issues in your organisation. Nike (figure 1) is a very well-known company which produce quality shoe and athletic wear around the world. It is founded by an athlete named Philip Knight and his couch Bill Bowerman (Figure 2) in January 1964. Its slogan called ‘Just Do It’. The quality and standard of its products have been strongly recognised by people, even though Nike’s products are considered expensive, yet its performance makes it valuable. i. Inhumane
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associated with the restaurant could severely affect business. Bad publicity may also force employees to become retrenched, including Kate and the close friends she has made at her work. Furthermore, the risk that anyone has contaminated milk is miniscule, and lastly, FSA inspectors won’t disrupt Service because they won’t be called out. Negatives: Innocent members of the community may become seriously ill if they consume contaminated milk. Business productivity could be adversely affected if restaurant
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| | Business Law and Corporate EthicsBe Careful What You Sign| | Tiffany Sigala| 7/30/2014| The purpose of this essay will be to state my opinion of which country the dispute should be handled in.| If Letisha does not pay and Sudson sues her for breach of contract, what legal arguments could be raised in Letisha’s defense against the enforcement of the automatic renewal clause? According to definitions.us.legal.com, some state and local laws do not enforce automatic renewal clauses
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Cultural Issues and Ethics in International Business Introduction The expansive and unstoppable process of globalization has forced employers to form their ability to trade and negotiate with the outside world. However, it is important not only they are immersed in this subject, your staff, or one who is qualified to do so, you should also have access to the most significant aspects of foreign trade, logistics, and the impact. Companies are not limited to conduct private and government operations
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MEMO To: CEO and Executive Team From: Jamie Earley, Elementary Division Manager Subject: Quality Assurance Findings January 8, 2013 Dear CEO and Executive Team, As you are aware the recent testing on our whistles showed that there were traces of lead found in the whistles that come with the toy that we sell to children 7 and under. The lead found is slightly about the legal limit allowed here in the United States. We must look at different decisions that can be made, their pros and cons
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Synopsis: In today’s media-crazed society, videogames are becoming both more realistic and violent. Violent videogames now include material such as graphic murder, prostitution, and various other extreme crimes. The main problem with these videogames is that they are ending up in the hands of children; immersing themselves into the games and the characters (committing the violent acts) themselves. These violent videogames have become very popular among this generation and are returning high profits
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Business Ethics Across Cultures Article Review XMGT/216 Business Ethics Across Cultures Article Review The first article I reviewed was titled Islamic finance: Notion of stewardship imbues business ethics. The author discussed the global economic crisis of 2008 in Islam. He reviewed how the lack of training of Islamic employees in ethics contributed to the economic crisis. Several of the ethical lapses that occurred during the ethical crisis were caused by risk also known as gharar and gambling
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1) Business or corporate leaders charged with unethical practices may (and often do) rightly point out that everything they did was perfectly legal. They broke no laws. Does that mean that their actions are necessarily ethical? What is the difference between a law and an ethical decision? 2) To what extent is the ‘free’ market at all compatible with moral considerations? (This, like almost all meaningful questions, is not going to be an either/or kind of thing.) Should we view business enterprises
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There are many things Tesco’s can do to improve their operations ethically, which I am going to explain below how. Tesco’s can differ the way they operate, by becoming greener They should show more keen interest and be environmentally conscious by having green policies, less packaging, recyclable bins for the public to use and charge for bags; encourage people to reuse their bags. Moreover all their stores should have sustainable environmental technology such as solar panels, to reduce the amount
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