Business Theory Comparison Essay -- Business

2. A solely profit based business model would define stockholder theory in which the paramount goal of the business is to produce the most earnings for their stockholders. Prioritizing profits over a positive public image Goldman Sachs becomes an excellent example of stockholder theory. Entitlement and Desert theory can be used to support stockholder theory. 3. When stock is purchased in a company that person is entitled to the profits or loses that those shares in stock are worth, entitlement theory supports stockholder theory in which stockholders are entitled to reap the benefits of stock as long as it has been purchased justly. Desert theory states that if the action is morally right, then the person should be able to reap the benefits and take the loses. Stockholder theory supports this as being a stockholder in a company is morally accepted, but if an unethical act is preformed in buy or selling stock Desert Theory would not support Stockholder Theory. When Martha Stewart was arrested for insider trading she demonstrated that doing an in-moral act voids Desert Theory. 4. Stockholder theory revolves around pleasing one stakeholder, the stockholders; Stakeholder Theory broadens up that view to try and please all of the stakeholders. The Ben and Jerry's company was a good example of Stakeholder Theory as they kept the pay differences between the CEO and lowest paid worker to only ten fold. Utilitarianism and Virtue Ethics Theory can be used to suppon company and benefit from the earnings that stock can bring. 9. Stockholder and Stakeholder Theory being vastly different become the extremes on a business ethics spectrum, between these lie the Kantian Minimum view and Rawlsian Position. Kantian Minimum view lies closer to Stockholder view, but the main difference is to not treat any stakeholder group as a mere means to a end. The Rawlsian Position lies closer to Stakeholder view in which life is not fair, but if you did not have knowledge in what position you would be in, you would choose the situation that would benefit your best interest. Upon overview of the four views the Rawlsian Position would be most ethically justified. It is benefiting from net happiness in which there is no vast difference between stakeholder groups, and there is also room for promotion between groups as all stakeholders are not even.

Case Study Analysis Essay Example | Topics and Well Written Essays - 5500 words

Case Study Analysis - Essay Example The company has a web site which provides an overview of the business but it does not encompass any e-commerce related activity. Seeing the importance of e-business in today’s business world, the top management of Panfore electronics, Inc has decided to establish a new web based business or ecommerce platform that will be helpful in managing the business dealings and will offer better business market status. This new dimension of e-commerce for the Panfore electronics, Inc will bring better competitive advantages. 1- INTRODUCTION Many aspects of the way corporations or individuals perform their operations and compete in the current period will be determined by means of huge network of electronic networks that was emerged as the information thruway but now it is known as the Internet (Turban, Leidner, McLean, & Wetherbe, 2005). Basically, the internet is a large network of networks that is used by the millions of corporations, government agencies, educational institutions, and individuals to carry out their everyday work (Shelly, Cashman, & Vermaat, 2005, pp. 11-12) and (Norton, 2001). The rapid growth of information technology (internet, e-commerce, information systems etc) during last few years has greatly influenced the corporations. Additionally, at the present, e-commerce has become one of the most significant features of the Internet which has appeared in the recent times. Normally, electronic commerce (e-commerce) refers to the implementation of business over the internet with the help of PCs those are connected to each other in the form of a network. In more simple words, ecommerce is the process of buying and selling (products, goods or services) using a digital infrastructure (Hendershot, 2011) and (EcommerceEducation, 2007). The basic purpose of e-business is to help establish a business that be executed over the Internet, or using Internet systems and technologies to enhance the prosperity or production of a company. On the other hand, this te rm can be used to explain some type of electronic business: specifically to express any company that makes use of a computer system. This practice is rather old-fashioned, though, in the majority cases e-business denotes wholly to Internet businesses. In more simple words, e-business refers to the process of offering and selling products, goods and services using web. Thus, corporations can use e-business to reach at a great deal broader customer base as compared to some customary retail shops with everlasting substantial sites could always anticipate. In this scenario, the role of e-business is acknowledged as ecommerce; however both ideas are used identically. There is another fact about e-business, that is, it can be used to get access to the across the border products or supplies for domestic production. In this scenario, e-business is acknowledged as e-Procurement. In this way the corporations can reduce their expenses radically. Moreover, a lot of e-businesses that work withou t having an electronic business platform at the present make use of e-procurement as a main method to effectively follow and run their purchases (McGuigan, 2011) and (Ray, 2004). Panfore electronics is among one of the major suppliers of power management solutions, such as eco-reactive chargers for notebooks, laptop computers and mobile electronic devices (for example PDAs, mobile phones, digital cameras, and so on.). Additionally, Panfore

Why I deserve an A Assignment Example | Topics and Well Written Essays - 250 words

Why I deserve an A - Assignment Example I am also allowed to borrow some materials for further reading at home, which I do without fail. Moreover, I am well motivated with my studies and I take them seriously. I am a firm believer that only hard work leads to success and I never let any chance to widen my knowledge capacity pass without utilizing it. I am always attentive in class and pay attention to the lectures so that I can grasp every detail mentioned. I have never been too shy or afraid to consult my classmates incase am facing difficulties with certain topics. I partnered with some friends to form a study group that is very helpful. During some weekends and holidays, we meet as a group and crack all hard topics. This is useful because the team effort helps to reduce the burden of an individual mind. The brainstorming helps us to come up with great ideas which are applicable to our classwork. I deserve an A because of the effort and time I have put on my studies. I am a hardworking student who gives his classwork priority over other stuffs. I have dedicated much of my time to my studies and I constantly consult both my lecturer and books when an issue is not that clear. Moreover, I am always careful with my work and take extra steps to ensure it is of high quality. That is why I deserve to get an

Atmosphere Essay Example | Topics and Well Written Essays - 1250 words

Atmosphere - Essay Example Earth’s atmosphere consists of troposphere, stratosphere, mesosphere and thermosphere. Thermosphere contains ionosphere and exosphere. Troposphere- The atmospheric layer is closer to the Earth and comprise of around 75% of mass of gasses in the atmosphere. Troposphere is 0 to 12 km above the earth’s surface (Barry and Chorley, 2010, p.17). The height of troposphere depends upon the seasons which are lowest in the winter and highest in the summer season. 99% of the water vapours in the earth’s atmosphere contained in the troposphere layer. Stratosphere- stratosphere ranges from 12 to 45 km above the earth’s surface. Stratosphere is the second major atmosphere layer in the atmosphere. Stratosphere contains ozone layer which acts as a shield to absorb harmful ultraviolet radiation from the sun protecting earth’s surface. Ozone layer absorbs ultraviolet radiation which leads to increase in temperature with height. Mesosphere- mesosphere ranges for 50 to 85 km above the earth’s surface. Mesosphere and stratosphere both referred as middle part of the atmosphere. Temperature of mesosphere can drop about -100 degree Celsius. This atmospheric layer of the atmosphere helps to protect earth from meteoroids. Thermosphere- Thermosphere layer ranges above 85 km. Harmful ultraviolet radiation turns in to heat which causes temperature of thermosphere to be high (Park, 2001, p.81). Temperature of stratosphere can go above 200 degree Celsius. Thermosphere contains ionosphere and exosphere. Ionosphere ranges from 80 to 550 km. Exosphere ranges more than 550 km. This is the area of atmosphere where satellite orbits round the earth. Discussion Earth’s atmosphere is primarily composed of oxygen and nitrogen and argon. Nitrogen, oxygen and argon comprises of about 99.97% of gas in the atmosphere. Earth’s atmosphere also composed of trace amounts of xenon, ozone, neon, helium, methane, krypton, ammonia, hydrogen and carbon monoxi de. Lower part of earth’s altitude also contains water vapour. Earth’s atmosphere also consists of particulate matters which are rain, snow, dust and volcanic ash. Particulate matters are less persistent and highly variable than that of gases (Bradbury, Boyle and Morse, 2002, p.94). Particulate can often remain in the atmosphere for longer period. Importance of Photosynthesis Photosynthesis is the process of producing large amount of organic matter which helps life to sustain on earth. Without photosynthesis there would be no life on earth. Photosynthesis process is formed when plants absorb carbon dioxide (CO2). Carbon dioxide cannot be inhaled by human beings. Plants break down carbon dioxide to oxygen (O2). The main product of photosynthesis is oxygen. Oxygen gas is inhaled by human beings and it is very much essential to life. The large content of carbon dioxide is harmful and toxic. The lower concentration of oxygen is harmful to sustain life. Plants produce aroun d 30% of oxygen. Remaining 70 % of oxygen is produced by marine plants and single-celled algae. Marine plants and single-celled algae can also form photosynthesis. Photosynthesis process is vital in regulating life cycle process on earth. The production of food and deriving energy is only done by plants. Plants with the help of energy can produce and supple necessary energy and nutrient to other living creature. Photosynthesis is the only way to produce energy. Therefore, photosynthesis is vital to life and life without photosynthesis is impossible. Importance of Respiration Respiration

Lady Macbeth is the real driving force behind the murder of Duncan Essay

Lady Macbeth is the real driving force behind the murder of Duncan Discuss this statement and decide whether or not you agree (1000 words) - Essay Example He is praised and made to feel successful. Discovering that Macbeth is a kinsman to the King Duncan, the audience learns of his bravery and ability on the fields of battle, but they see nothing yet of base envy, or of any desire to rule the country. His loyalty and respect for Duncan are not put into question. But the encounter with the witches plants the seeds of ambition and arrogance. Macbeth is silent while Banquo answers the witches. His mind is at work, and in his heart is growing the seed of evil. Elements of treachery enter the scene, and delusions of grandeur infiltrate where before there were none. ‘If chance will have me king, why, chance may crown me, / Without my stir.’(Act I, Sc 3). Still, he does not exactly leave it to chance, even if he thinks he does not have to do much. He puts the whole thing in a letter to his wife. From the apparition on the heath, desire for power has entered the credulous thane’s spirit, like a curse cast on completion of a successful battle. All of a sudden, being a respected thane is not enough. Through the fateful flaw of being gullible, and believing tenuous predictions, Macbeth is spellbound. This gullibility leads him to ignore his formerly good conscience and become obsessed with gaining what he had previously not even considered for a moment to be rightfully his: ‘to be king / Stands not within the prospect of belief,’ (Act I, Sc 3). Bewitched, he ruminates repeatedly on the prospect of authority and power. The curse travels inside a letter from Macbeth to his wife, who reads it, entranced. She cannot wait for Macbeth to return, so she can persuade him not to be so timid: ‘Hie thee hither, / That I may pour my spirits in thine ear; / And chastise with the valour of my tongue / All that impedes thee from the golden round.’(Act I Sc 5). She knows that so far, her husband has proved himself to be a good man, and fears he might be too nice to share her

Compare and Contrast the Concepts of Durkheims Social Facts With Essay

Compare and Contrast the Concepts of Durkheims Social Facts With Webers Bureaucracy - Essay Example Weber’s views were different, he firmly opposed the idea â€Å"that history had some ultimate end, and seriously doubted the possibility of human liberation through a socialist revolution† (Hughes et al, 2003: 55). According to him, the organisational form of rationalisation is that of the Bureaucracy, and this too contributed greatly to the meaninglessness of modern life, with the individual becoming increasingly insignificant within the vast administrative structures. Weber perceived Bureaucracy as an â€Å"iron cage† resulting from industrialism, stifling unique human qualities in both socialist and capitalist societies. The two scholars differed in their purpose and approach to sociology. Durkheim extended the study of science to the study of social facts, whereas Weber attempted to provide existing social studies with a better foundation. Hence, Durkheim consistently expressed his belief that social facts had distinctive properties which must be recognized in order to make the study of society more scientific. On the other hand, Weber did not pioneer a new field, his work treated old themes and known materials with a new precision and from the standpoint of new questions. Durkheim’s and Weber’s different definitions of â€Å"social facts† and their divergent sociological studies of religion reveal the differences in their perspectives (Bendix, 1989). Similarities in the work of the two social scientists include the fact that both Durkheim and Weber refer to ways of anthropomorphising society, that is, they provide a human form to society. In their individual ways, they emphasise the knowledge that both Social Facts and Bureaucracy theories respectively, dominate lives and therefore society is seen as a living thing, as seen in the following comparison: Durkheim (1982) stressed that social facts cannot be defined by their universality, there may be different and distinctive manifestations. They are general

Introduction for Currys Essay Example for Free

Introduction for Currys Essay For this assignment I am investigating Currys and I will be getting information about my investigation from the customer service of Currys, but to do this I will need to know also a little bit about the customers profiles and what the customers think about Currys products and services that they provide. Background: Currys is the leading choice for families buying electrical devices for the home and other businesses. Currys also delivers their goods to their customers seven days a week to households and businesses throughout the UK. While delivering new products the Group collects 750,000 ends of life white goods appliances, fridges, freezers, cookers, computers, printers, radios, televisions, phones and washing machines, from customers homes each year, of which, until November, approximately 300,000 were fridges. Until November 2001 these were recycled or refurbished by a network of contractors, relieving Local Authorities, who would otherwise be obliged to collect or receive these products, of a significant burden. Many units were refurbished and resold at low cost, providing cheap products for families on low income (including through create, a Dixons supported project to re-train long term unemployed people as engineers). Others were exported for further use and the remainder recycled and disposed of following CFC gas extraction meeting environmental standards. In effect Dixons Group provided a cost-free channel for the disposal of this domestic waste and one which minimised the generation of extra journeys by householders or local authority collectors and is thus more environmentally acceptable. This shows how much Dixons group has been acting ethically. Services that Currys provides and competitive background: For my assignment, it is important to understand why retailers offer such services. Electrical retailing is highly competitive, like: Currys, Comet, John Lewis, Debenhams, House of Fraser, Argos, Powerhouse, Dixons and many thousands of small independent retailers all compete for trade in what many customers view as a product market. Low margins demonstrate the offer and that is the competitive nature of the industry. Because this is a competitive market, price pressure is intense and retailers will normally try to offer the lowest price in the market. So the customer gets used to the idea that prices will be similar in most outlets. Therefore there is a strict pressure to make different either by offering exclusive products or by excelling on service. That is why all retailers will offer competitive service offers including suitable delivery and after sales. No retailer will want to risk for too long a competitor being able to offer a new service recognized. As yet the leaving of take-back has had incomplete things on sales; however one of the two main peaks for sales, the hot summer months and this is the period of sales and a period that businesses look to maximise their sales. Customers profile: Most of customers of Currys are from a mixed group of age, gender and races. Most of customers that I personally see coming to the store of Currys in Chadwel heath are parents or just adults who are able to purchase products by credit cards or any other ways of payments. There are also other customers of Currys who are of an average age like teenagers who are able to pay musical items or games. Currys does not have any geographical customers because their customers are most of the time locally. Some customers have their information stored into Currys system due to their customers loyalty and due to Currys market researches. Currys gives to its customers a guarantee of purchasing items from their stores in case that the customer is not satisfied with the products or services that Currys provides to them, then the customer can take the products back and get a replacement or if possible get the customer can get his/her money back but this depends with the case. Some times if Currys cannot sort out the problem that the customer has with the products, they usually give to the customer the phone number of the company or the manufacturer of that particular product for further information or instructions about the usage of the product.