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Robert Nozick's Entitlement Theory asserts that free market exchanges are manifestations of society's respect for people as equal -- an economic phenomenon that is given a moral dimension/explanation. This theory is hinged on three principles: transfer principle, acquisition principle, and rectification principle. The first principle holds the argument that all holdings or properties freely acquired from others are considered justly acquired. In the same vein of argument, the second principle posits that people are entitled to have holdings/properties, so long as they are acquired in a just manner. Lastly, an "injustice" committed can be rectified by giving the property back to its rightful owner (i.e., a property unjustly acquired can be corrected by returning...
In his theory, Rawls argues that the principles of justice determine how the benefits and burdens of society are to be distributed among individuals in a fair manner -- that is, justice is fairness. Using his principles, Rawls described liberty and difference manifest justice as fairness: liberty principle argues that basic rights and liberties should be as extensive as possible for each individual without infringing the rights and liberties of the other individual, while the difference principle posits that no advantage can morally exist if it does not benefit the most highly disadvantaged.
Businesses shape the world and change the world. Boeing started a business and without them, air travel would not be what it is today. Bill Gates started a business and without Microsoft, technology would not be where it is today. Merck started a business and without them, health care would not be where it is today. These companies have changed the world for the better. It also fascinates me to see
The graphic shown in Figure 1 was also provided in the article (Porter, 2008). Figure 1: Five Forces Model (Porter, 2008) This model's effectiveness does not however capture the increasingly critical role of tacit and explicit knowledge in businesses. The tacit knowledge, of the type that is learned from the continual streamlining of core processes, is not easily captured and communicated. It is often called tribal knowledge as this type if intelligence
Business Plan for a Concrete Polishing Company Business plan for establishing concrete polishing company in Sydney Australia Concrete polishing company, Sydney, plans to become a leader in providing concrete polishing services in the city. The company plans to do this by having the best facilities and human resource with experience in the industry. Plans are set to counter competition from existing companies by a continuous improvement of processes. Measuring standards of performance
[2: www.med.govt.nz/business/business.../structure-and-dynamics-2011.... ] The primary research of the Auckland market presents the following sectors for consideration for the new venture: The demographics in the target market include: college going and married women with children who either are working mothers or stay-at-home mothers; this makes the age group anywhere between 25 to 55; the overall annual income of the household is more than AUS $100,000; the property owned by the target individual
Business Plan GBSGreen Building Solutions Company Description Product & Service Description Marketing Strategy & Plan Environmental Analysis (SWOT/PEST) Competitive Analysis Products and Services Pricing Promotion People Financial Analysis & Projections Profit and Loss Risks and Assumptions GBSGreen Building Solutions Business Plan According to the Environmental Protection Agency (EPA) the impact of commercial buildings on the physical and social environment are such that there is "not questioning the vast impact…" (Environmental Protection Agency, 2006) Commercial Buildings are reported by the U.S. Department of Energy's Energy Information Administration
0 technologies ((Wirtz, Schilke, Ullrich, 2010) Heavily reliant on a broad range of integration points throughout an enterprise, creating a real-time information network using collaboration technologies including Facebook-like applications (Salesforce.com Chatter) Comparable in design objectives to the structure of the knowedlge-sharing ecosystem; yet this business model is based on real-time social media data and collaboration Ideal for large, knowledge-based businesses that are growing rapidly; perfect fit for new business ventures based on consulting