P.65 Because political and economic factor listed above; In addition, government bureaucrats salaries are very low, inevitably demand bribes from any company that cross their path meaning a long line of officials might require bribes. c. Based on this case and what you have learned in this chapter, what are the consequences of corruption on a country? Ppt
As long as the organization is maximizing the utility with the decisions they make, the good utilitarian accountant should not worry themselves with the moral implications of the decisions they made. This is because moral decisions should be based on the "ends" not the "means." One way decisions can be assessed by a good accountant is to see what utility the other decisions would have brought the society. In this way, there can be a valuation for utility opportunity costs that can help users determine the impact of management's decisions. Any opportunity costs that lower overall utility created show that utility is not being maximized.
2. For each social group, list the way it used power or suffered powerlessness. The upper and ruling class used power to make them superior to theses who they thought were beneath them, who were the middle class but note specifically the poor. They made they poor and middle class pay taxes to them which in turn made the upper class wealthy. The poor suffered powerlessness because they were poor, therefore they were placed at the bottom of the social ladder.
* What are the legal requirements? * Didn’t break any laws, related to him applying company funds towards personal use even though his act was solely beneficial to himself alone. What are the ethical duties? * Maintain price-competitive markets will ensure that scares resources are used to optimally satisfy consumer needs. * Pareto Optimality wasn’t obtained because maximum benefits of most wanted goods and services produced at minimum cost of least wanted resources.
Our society views high self-esteem as a good thing. Cockiness and smugness are considered healthy practices of good self-esteem. Lauren Slater believes that low self-esteem should not be associated with bad outcomes in life, nor should it be considered a cause of poor performance. Nicholas Emler of the London School of Economics is one of the people that Lauren Slater consulted with. In “Trouble with Self-Esteem” Nicholas Emler states ''There is absolutely no evidence that low self-esteem is particularly harmful”.
Marxist writers such as Chambliss suggest that the majority of the working-classes are exploited by the owners of big businesses and the government. This leads to the creation of laws that appear to benefit the working-class and benefit the ruling classes. Chambliss suggests that this conflict culture that has emerged from capitalism encourages crime. Hegdige said that Capitalist societies lead to greed within the ruling classed and the lower classes rebell against this system as they are in poverty so steal to get money. Snider argues that the effects of robberies and petty theft are much smaller than the losses created by big businesses engaging in corporate crimes.
Galbraith Chapters 1 &2 Argument Spans Chapter 1: “The Affluent society” The problem that Galbraith is trying to point out in the first chapter is that “wealth is the relentless enemy of understanding”(p.1). This wealth has brought change among the people but has kept the ideas of the world of poverty. In the past, almost everybody was poor, but today in the affluent world people are consumed with wealth to the extreme point that they begin to believe that they are poor or “ill” With poor understanding, people are not open to accepting new ideas that can aid this new and affluent society. The economic ideas that are used today, that were “once interpreted the world of mass poverty have made no adjustment to the world of affluence” (p.2).
He does not present enough proof to believe that less enforcement will in fact lower violence in gangs. Gangs are a complex and fairly intelligent corporation that will try and stop at nothing to get what they want with any means possible. Drugs do have a major role in gang violence, like Gardner says, but stopping the drug trade in my eyes won’t in fact end their
* Why do you think Valmont’s stock has “fallen out of favor” with Wall Street analysts? Do you think EVA can solve Valmont’s stock price problem? The fall in stock price is due to the recession in the US, the end of the drought, and the Gulf War. The $15 million restructuring charge could be to blame as well. EVA can possibly solve the problem because EVA focuses on maximizing shareholder value, which in effect can improve stock prices.
This assignment I will outline the concept of an unequal society, in addition I will include prejudice, stereotype, labelling and discrimination. In today’s society a population of individuals are treated unequally or is an individual contributing to unfair treatment, in which they are treating them differently due to their race, gender, social class, sexuality or beliefs. In addition In the UK there is a major gap between the rich and the poor, society is divided and the rich share together and leave the poor with little stash left over. Also social inequality is also identified as when opportunities, different social position or rewards are unequal. Prejudice is when an individual is judged by aspects which do not relate to them at all.