As their employees, the executives has a “direct responsibility” to run the company in according with their desires, which is of course making as much money as possible while confirming to the basic rules of the society, both embodied in law and ethical custom. On his view a company’s ONLY responsibility is to legally and ethically maximize shareholder’s returns. His view is the “shareholder’s view”. The main reason he holds this theory is, in his view shareholders own the company. Since the
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study. Despite such disagreements, most scholars can concur that IPE ultimately is concerned with the ways in which political forces (states, institutions, individual actors, etc.) shape the systems through which economic interactions are expressed, and conversely the effect that economic interactions (including the power of collective markets and individuals acting both within and outside them) have upon political structures and outcomes. IPE scholars are at the center of the debate and research
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alert and take any considerable actions to those students who are actively practicing plagiarism or cheating in the exam and also using it to complete their works or assignments with intention or without intention. First and foremost, I will explain about the term that is very important in this topic. Attribution is the acknowledgement that something came from another source. This is to tell others that the ideas and work that we have done is based on others work that we take as a references
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organizational behaviour is FALSE? A Organizational behaviour scholars study individual, team and structural characteristics that influence . behaviour within organizations. B. Leadership, communication and other organizational behaviour topics were not discussed by scholars until the 1940s. C. Organizational behaviour emerged as a distinct field around the 1940s. D. The field of OB has adopted concepts and theories from other fields of inquiry. E. OB scholars study what people think, feel and do in and around
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objective values: a philosophical theory in which values such as truth or morality are absolute and not conditional upon human perception something absolute: a standard, principle, or theory that is absolute Utilitarianism: ethical doctrine of greatest good: the ethical doctrine that the greatest happiness of the greatest number should be the criterion of the virtue of action doctrine based on value of usefulness: the doctrine that the value of an action or an object lies in usefulness utilitarian
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order to respond effectively to the changing environment. LEARNING OBJECTIVES After reading this chapter, you should be able to do the following: 1. Define organizational culture and explain its three levels. 2. Identify the four functions of culture within an organization. 3. Explain the relationship between organizational culture and performance. 4. Contrast the characteristics of adaptive and nonadaptive
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Instructor’s Manual and Test Bank to accompany A First Look at Communication Theory Sixth Edition Em Griffin Wheaton College prepared by Glen McClish San Diego State University and Emily J. Langan Wheaton College Published by McGrawHill, an imprint of The McGrawHill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright Ó 2006, 2003, 2000, 1997, 1994, 1991 by The McGrawHill Companies, Inc. All rights reserved. The contents, or parts thereof, may be reproduced in print form
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Islamic Finance is a financial system that doesn’t work like other conventional banking systems. It follows the Islamic law, Shariah, which doesn’t allow certain aspects of a normal banking system such as usury and speculation. There are some main principles to be followed in Islamic banking. First of all, it prohibits interest, or Riba. Riba is forbidden in Islam, and therefore Islamic banking system adopts the principle of profit and loss sharing. It also prohibits uncertainty, gambling, and prohibits
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commemorative. However this assignment is going to focus on two kinds of speeches, i.e. the informative speech and persuasive speech particularly on the differences. In order to fully understand the differences between the two I will explain briefly what each of them mean. According to ask.com, An Informative speech is one that is written to present fascinating and useful information to increase the knowledge of your audience. A good informative speech features a topic that should be fun and interesting
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transformational leadership. Most of researches have discussed the definitions, factors, and frameworks of these theories, however, as for the contrasting evaluation of transformational leadership, it has been neglected. Therefore, this paper will briefly explain both transactional leadership and transformational leadership, and then report the negative side of transformational leadership. Moreover, how transformational leadership applies to the hospitality industry will be discussed as well. 1. Transactional
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