Most authorities agree that there is room for improvement in business ethics. One of the most problematic questions raised in relation to business ethics is whether or not businesses can become more ethical in the real world. The majority opinion on this issue suggests that government, trade associations, and individual firms can indeed establish acceptable [...]
Most people do not easily accept the new, mostly because of the unknown factor that people tend to call fear. It is not only as Fyodor Mikhailovich Dostoyevsky had put it that “taking a new step, uttering a new world is what people fear most.” Even in slight things the experience of the new is [...]
Contemporary economic models present the typical consumer as deliberative and highly forward-looking, not subject to impulsive behavior. Shopping for a product or a service is seen as an information-gathering exercise in which the buyers look for the best possible deal for products and/or services they have decided to purchase. Consumption choices represent optimizing within an [...]
The United States is the home -country for the largest amounts of foreign licensing and direct investment. Therefore, its policies understandably arouse some of the major trade unions of such outward moments. One of these critics is organized labor, which argues that foreign production often displaces what would otherwise be US production. For example, big [...]
You wanted to have that second cup of coffee from your favorite mug and you will only be a few minutes late. Whats the big deal. It is a big deal to be late by five minutes or an hour. When you are late for work, every minute counts. Each minute missed effects the flow [...]