1 Why Does Friedman Believe That Businesses Should Maximise Profits I E That This Is 3577679

1. Why does Friedman believe that businesses should maximise profits (i.e. that this is a moral obligation)?

2. Why does Friedman believe that businesses are forced to maximise profits, even if they would rather pursue some other objective?

3. According to Marx (as interpreted by Wolff, 2003), what is alienation of labour and what are the four forms of alienated labour?

Refer to the Prison Sourcing Case Study to answer the following questions.

4. What is the key ethical issue in the Prison Sourcing Case; write this as a “should” question – i.e. “Should . . . ?” Briefly answer this “should’ question from:

i. A utilitarian perspective (who are the key stakeholders? How is their utility affected?);

ii. A Kantian perspective (what fundamental rights are at stake?); and

iii. A virtue ethics perspective (are those involved displaying virtues or vices in their actions?).

iv. A Critical Theory perspective (is labour alienated?)

http://umich.edu/~thecore/doc/Friedman.pdf

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JIT070Journal of Information Technology Teaching Cases (2014) 4, 99–106© 2014 JITTC Palgrave Macmillan All rights reserved 2043-8869/14palgrave-journals.com/jittc/Teaching CasePrisonsourcing: ‘doinggood’or ‘goodforbusiness’?1 1 2Mary Lacity , Joseph Rottman , Erran Carmel1College of Business, University of Missouri-St. Louis, St. Louis, MO, USA;2Kogod School of Business, American University, Washington, DC, USACorrespondence:M Lacity, College of Business, University of Missouri-St. Louis, One University Boulevard, St, Louis, MO 63121, USA.Tel: +1 314 516 6127;Fax: +1 314 516 6827;E-mail: [email protected] teaching case explores the business and ethics of prison sourcing, the practice oftrainingand hiringprisonerstoperform work forthe private or publicsectors.Althoughmostprison employment programs train and hire workers for manual labor, such as furniturebuilding or textiles, some prison employment programs now train and hire inmates toperform low-level Business Process Outsourcing (BPO) services like call center work, dataentry, and document preparation. Prison sourcing is highly controversial. Besides the usualconcerns about security and quality of work performed by prisoners, the ethical aspects ofprison sourcing are hotly debated. Proponents argue prison sourcing is ethical because itdefrays the costs of corrections, helps individuals successfully complete their con?nementand prepares them to reintegrate into society, bene?tting the individuals, their families,communities, and ultimately tax payers. Opponents argue that prison sourcing is a form ofslavery, hurts small businesses, and steals jobs from law-abiding citizens. The authorsdeveloped this teaching case to allow students to explore these issues. The case is adramatized version of an actual case study of prisoners performing BPO work for a privatesector company.Journal of Information Technology Teaching Cases (2014)4, 99–106….

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Prison-sourci….pdfWhy-Read-Marx….pdf

 
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1. Which of the following is least likely to affect the net gain to migration? A. An improvement in economic opportunities in the destination state. B. An improvement in economic opportunities in the source state. C. An increase in migration costs. D. Changing one’s preferences for living in different places. E. Government spending. 2. Variation in wages across individuals is called A. wage dispersion. B. the mean wage. C. the Gini coefficient. D. the perfect-equality Lorenz curve. E. the positively-skewed wage distribution. 3. The positive correlation between ability and human capital investments “stretches out” wages in the population, generating what? A. A positively skewed wage distribution. B. A negatively skewed wage distribution. C. An inconsistent wage distribution. D. A uniform wage distribution. E. A symmetric wage distribution. 4. An approximate Lorenz curve shows A. the maxium and minimum wage gaps. B. the relationship between income and tax revenue. C. the share of income received by age group. D. the relationship between income and earnings potential. E. the cumulative share of income earned by quintiles of households. 5. Higher values of the Gini coefficient are associated with A. greater education inequality. B. greater income inequality. C. less income inequality. D. greater labor mobility.

 
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1. Why does a worker allocate his or her time over the life cycle so as to work more hours in those periods when the wage is highest? Why does the worker not experience an income effect during those periods?

2. What is the added worker effect? What is the discouraged worker effect? Which effect dominates in the United States?

3. Who are the hidden unemployed? Should the hidden unemployed be included in the calculation of the unemployment rate? Why or why not?

 

 
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1- Which of the following is not considered an attest engagement:

a- A compilation.

b- A review.

c- An agreed upon procedures engagement.

d- All of the above are attested agreements.

2- Which of the following would have the greatest chance of resulting in a lawsuit against the auditor?

a-Incorrect rejection of an accountbalance

b-Incorrect acceptance of an accountbalance

c-A type oneerror

d-Using variables sampling to determine the correct balance in accountspayable

3- An account balance is $300,000 and there are 25 items in the account, six of which have balances that equal or exceed $15,000. The auditor plans to use a monetary-unit sampling plan with systematic sample selection. To ensure that all accounts with balances of at least $15,000 are selected, the sampling interval should be

a- 6

b- 20

c- 12, 000

d- 15,000

 
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1. Why do you think the percentage of Americans who believe that trade with other countries leads to job creation increased from 20% to 36% between 2014 and 2018? 2. What do you feel would create a greater sense of appreciation among average Americans for the role that international trade plays in creating a prosperous domestic economy?

 
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1. Why do you think that the Chinese apparently have a cost advantage in the production of pencils?

2. Do you think that lobbying the U.S. government to impose antidumping duties on imports of pencils from China is a good way to protect American jobs? Who benefits most from such duties? Who loses? What alternative policy stance might the government take?

3. By establishing facilities in Mexico, Dixon became a multinational company. Why has Dixon become a multinational? What are the economic benefits to Dixon of becoming an international business?

4. Now that Dixon has a production operation in China, why does it not simply import finished pencils from China to the United States, instead of making those pencils in Mexico?

 
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1 Why Do You Think That The Chinese Apparently Have A Cost Advantage In The Producti 1424952

1. Why do you think that the Chinese apparently have a cost advantage in the production of pencils?

2. Do you think that lobbying the U.S. government to impose antidumping duties on imports of pencils from China is a good way to protect American jobs? Who benefits most from such duties? Who loses? What alternative policy stance might the government take?

3. By establishing facilities in Mexico, Dixon became a multinational company. Why has Dixon become a multinational? What are the economic benefits to Dixon of becoming an international business?

4. Now that Dixon has a production operation in China, why does it not simply import finished pencils from China to the United States, instead of making those pencils in Mexico?

 
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1. write a decision statement for raising cane’s. 2. write corresponding research objectives and research questions. 3. what role would a proposal play in assisting this research effort and in assisting cane’s in improving their business situation

 
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