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In Milton Friedman's controversial thesis that the social responsibly of business is to increase profits. However, this week, we know more about Rawls' view over the obligations to future generations. The most essential question we need to ask our self is do we have the responsibility to take control over the future environment? Before we answer this question, we need to be aware of the fact that corporations are playing the major role here. According to Friedman's point of view, he will only focus on the short terms, which is to increase profits and worry about whether or not the company makes enough profits to stockholders. Thus, Friedman will think that it's okay to destroy the environments in order to increase more profits. However, if we're all practicing this notion, what will be left in the future? Maybe not even 200 years later, the environment is already been dis-functional. Then, we will have nothing left, not even the profits that we were trying to generate 200 years ago. The idea of profits come first is horrible. Can you survive if you're getting 10, 20 percents less from profits? Yes! Now, can you survive when all of the living environments are gone? No more clean water, no more trees. Maybe not... It is important for us to leave some kind of decent environments to later generations. Perhaps there's a afterlife, and we all will just be returning to the same place where we were all belong to. Who knows?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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