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1. Which of the ethical theories discussed in chapter 1 are you most sympathetic to? Why? Which of the ethical theories are you least sympathetic to? Why?2. Critics raise a number of objections to the claim that the maximization of profits will always promote the general welfare. They argue that there are such things as “market failures.” For example, they argue that externalities provide examples of efficiently functioning markets failing to achieve optimal results. Common example of externalities would be such things as air pollution, ground water contamination and depletion, soil erosion, and nuclear waste disposal. The costs of such problems are borne by parties (e.g., people downwind, neighbors, future generations) who are not part of the exchange between seller and buyer. How does the claim that externalities constitute an objection to the claim that the maximization of profits will always promote the general welfare? Do you agree? Why, or why not? Explain.3. The right to refuse workplace hazards has a fundamental conflict with the ability of a business to operate effectively (if employees refuse to work there can be no production). How should these competing interests be balanced? Support your position with appeals to ethical theories.4. What potential benefits do you see as important in integrating different groups that are targeted under affirmative action policies? Are these benefits sufficient to justify affirmative action policies? Why, or why not?5. Advertising to children in school is morally objectionable to many people. Some of the reasons used to criticize the practice include the following: First, children at school are a captive audience. Second, children are not yet autonomous and are typically unable to make the kind of rational distinctions that we attribute to adults. Third, schools have epistemic (knowledge) authority and so may be understood by children as endorsing the products. Do you believe that marketing to children in schools is morally wrong? Why, or why not?6. Boatright argues that the best way of achieving the deterrent effect for which laws governing corporate responsibility are intended, is by placing the weight of responsibility for misconduct on the corporation (and derivatively on the shareholders) as opposed to individuals who actually conduct the misconduct. Do you agree with his assessment on pragmatic grounds? On moral grounds? Why?7. Smith argues that there are valuable moral distinctions between direct, indirect, active, and passive violations of human rights. Do these distinctions make sense to you? Do you believe that corporations who merely follow the dictates of an authoritative figure are absolved of much of their moral culpability, even if their compliance knowingly leads to violations of human rights?8. Explain the Kantian arguments Denis Arnold and Norman Bowie use in “Sweatshops and Respect for Persons” to support the claim that MNEs have duties to ensure that their off-shore contract factories meet minimum safety standards and provide a living wage for employees. Explain Ian Maitland’s argument that improving health and safety conditions and improving wages will cause greater harm than good. With whom do you agree more? Explain.
A detailed financial analysis of the firm's prospects suggests that the Long - term EBIT will be above $304,000 annually. Taking this into consideration , which plan will generate the higher EPS?
Computation of future value of annuity and P/E ratio and what is the future value of an annuity is
what is the value of this annuity five years from now? What is the value three years from now? What is the current value of the annuity?
Computation of gains losses on transfer of assets and What are the amount and character of the gains and When does the holding period for the stock begin
Ace purchases 40% of Baskett Corporation on January 1 for $500,000. Although not used, this acquisition gave Ace the ability to apply significant influence to the operating and financing policies of Baskett.
Cart sales are expected to be $2,400 a year for four years. After the four years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. What is the payback period of the ice cream cart?
In a statement of cash flow, the term cash includes, The ownership of common stock in a corporation usually carries the following rights:
why are taxes and the tax code important for managerial decision making?
Christina Haley of San Marcos, Texas, age 61, recently suffered a severe stroke. She was in intensive care for twelve days and was hospitalized for 18 more days.
Annie Oakley is buying a home for $215,000. She will finance the mortgage for fifteen years and pay 7 percent interest on the loan. She makes a down payment that is 20% of the purchase price.
what fraction of the firm will the VC receive in exchange for its 4 million investment?
The president of the united states announces that he will reduce inflation with a new anti-inflation program. if the public believes him, predict what will happen to the exchange rate of the U.S. dollar.
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