We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Business Law and Ethics - Essay Example

Comments (0) Cite this document
The alternative cost allocation approaches often require allocation of the costs in such a manner that there is an equitable distribution of costs of the proposed alternative. These approaches are basically a larger part of a philosophy which undertakes to consider cost sharing…
Download paper

Extract of sample
Business Law and Ethics

Ethically it becomes the responsibility of the all the relevant stakeholders to ensure that the cost allocations are made in accordance with the ethically acceptable procedure. This also means that the inefficiencies of the government in allocating costs properly shall be identified and must be shared in order to restrict the loss. If alternative cost allocation mechanism is faulty, it is most certain that the losses will be incurred and overall responsibility of failure will therefore fall on those who basically fail to properly account for the alternative costs identified at the initial stage.
It is also important to understand that the overall cost allocation and prevention of loss must be devised in such a manner that it can provide an organization enough time to prepare for its response in case of extreme external situations. The greater role of regulators therefore may serve as an strong deterrence against such type of approaches.
The article that I am going to discuss is about the “fees on debit and credit transactions raise costs for all, critics say” published in Washington Post on June 3, 2009.1 This article discusses as to how the hidden costs on the credit as well as debit cards make the purchasing as more expensive for those who prefer to pay cash. The charging of unauthorized commissions by the consumers therefore require that there must be an increase in the social costs for using this type of service.
Paying higher fees against your debit or credit card therefore requires the more extensive role of government. Though, according to the article, Bankers argue that this type of fee is necessarily important in order to run the credit system however, it also, on the other hand, attempt to increase the cost for consumers. Thus the overall cost allocation/loss approaches might not have been used at ... Read More
Cite this document
  • APA
  • MLA
(“Business Law and Ethics Essay Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/397963-business-law-and-ethics
(Business Law and Ethics Essay Example | Topics and Well Written Essays - 500 Words - 1)
“Business Law and Ethics Essay Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.net/miscellaneous/397963-business-law-and-ethics.
  • Cited: 0 times
Comments (0)
Click to create a comment
Business Law and Ethics
In his article, Johnston traced the fiduciary responsibility to the code of Hammurabi and to Biblical passages, particularly the familiar exhortation, “No servant [man] can serve two masters.” (Luke 16:13, Matthew 6:24). By doing so, Johnston supplied not only a moral or ethical foundation to fiduciary duty, but also a spiritual one (i.e.
8 Pages(2000 words)Essay
Business Law and Ethics
It is no doubt that a number of questions will be ringing in my mind before making the final move with respect to the situation at hand. I will ask myself about the present state of the organization with respect to the quality assurance, the conduct of subordinates, and the working condition of every member of the organization.
6 Pages(1500 words)Essay
Business law and ethics
For instance, within the United Kingdom, the means whereby a manager can act against a hostile takeover is extraordinarily limited. Moreover, within the United Kingdom, such decisions are solely and exclusively left up to the stakeholders or institutional investors.
6 Pages(1500 words)Essay
Business law and ethics
The dangers mainly occur when there is high acceleration of the Zero Pedal for four hour constantly. Thus, the designers ought to put clear instructions that pertain to its operation. The instruction ought to specify the time frame that Zero Panel must be operated.
7 Pages(1750 words)Essay
Business Law and ethics
However, even though conflict itself is difficult to encapsulate in a succinct way, it is possible to denote the fact that the majority of all conflict and pressure that is evidenced within the workplace is a result of competing interests. Oftentimes, these interests can be selfishness, and motivation for an increased level of profitability, claim, or any of a number of different causes.
7 Pages(1750 words)Essay
Business law and ethics
Moreover, he should prove that he has not got any information from Williams before he finalized the contract with another party. As he has no intention to cause disadvantage to Williams or Tom, he has strong chances of defending his
10 Pages(2500 words)Essay
Business law and ethics
Ethics, after all, encompass wider perspectives of human concerns ultimately affecting business organizations. Ethics has found its meaning in man’s inquiry on moral
8 Pages(2000 words)Essay
Business Law and Ethics
I would apply the social contract theory of business ethics where the general public is put in mind. The violations may be detrimental to the whole if these processes continue. Due care in moral ethical grounds would be at the core of my decision making process. Business
6 Pages(1500 words)Essay
Business Law and Ethics
The first is that the negotiations, which took place concerning the inclusion of furniture as part of the deal, were done orally. This means that the furniture was not in any way included in the final contract, and this
2 Pages(500 words)Essay
Business, law, and ethics
The success of the business in the early 1990’s was later facilitated by the various mergers and buying of shares with Companies such as the AT&T, which was later, renamed the Long Distance Discount Services, the MCI, and the ACI.
2 Pages(500 words)Essay
Let us find you another Essay on topic Business Law and Ethics for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us