Drug Testing and Ethics Essay - 2045 Words

Camille Dickinson Business Ethics Module 5 November 27th 2010 Is drug testing an unwarranted invasion of employee privacy? Which is more important--getting drugs out of the workplace or protecting the privacy of the employee? What about other health-threatening activities, i.e. smoking outside of working hours, unprotected sex, etc. Should employers be able to question or test employees or potential employees about these activities? Both of these scenarios are tricky ones. On the one hand, any employer would want to get drugs out of the workplace. On the other hand you don’t want to invade an employee’s privacy. At the same time some jobs may require employees to conform to a certain standard of behavior both on and off the job,†¦show more content†¦My husband in his decision to fire Bruce was also acting partially from an egoist point of view since an unemployed Bruce meant a sober Bruce which meant no trips to the ER which meant that my husband wouldn’t have to deal with a cursing, screaming, bloody drunk Bruce. At the same time he was also acting from Kant’s theory which states that â€Å"Only when we act from a sense of duty does our action have moral worth† (Shaw amp; Barry, 2010 p69). My husband felt that it was his duty as a member of the medical profession, not to enable a habit that could possibly cause harm to an individual. A high incidence of false positive results in drug testing is another reason for the argument that drug testing should not be used. In researching this paper I was surprised to learn how many over the counter drugs can produce false positive results. According to an article on The National Center for Biotechnology Information website entitled â€Å"Commonly prescribed medications and potential false positive urine drug screens† published Aug 15th 2010, â€Å"A number of routinely prescribed medications have been associated with triggering false-positive UDS results. Verification of the test results with a different screening test or additional analytical tests should be performed to avoid adverse consequences for the patients.† Some of the more common drugs that could produce false positive results wereShow MoreRelatedWritten Analysis : Law And Ethics1659 Words   |  7 PagesWritten Analysis – Law and Ethics Since we were kids and became conscious of our surrounding, our parents and grandparents instilled in us an awareness of what is right and wrong. In other words, it is a trait of all human beings and fosters from our desire to get along with each other to live a harmonious life. 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Zen And The Art Of Computing - 1283 Words

Primary Sources: - Taylor, John. â€Å"ZEN AND THE ART OF COMPUTING.† The New York Times. The New York Times, 24 Oct. 1987. Web. 13 Oct. 2014. This source helped me with my project because it explained how Macintosh developed. This source began with Jobs idea of apple from the beginning from when he was in school and enjoyed technology. It stated how it all started in the garage of his parents home. - â€Å" The Entrepreneur of the Decade.† Inc.com. N.p., n.d. Web. 13 Oct. 2014 This source helped me because it demonstrates how Jobs was a very successful entrepreneur that he was chosen to be the entrepreneur of the decade. Within this source, there was also a interview/ conversation between Jobs and Inc. This source was very effective†¦show more content†¦Ã¢â‚¬Å"Time. Time Inc., 10 Oct. 1999. Web. 13 Oct. 2014. This source helped me with my project because it showed me that in order to succeed, you fail first. It also says how apple releases a dozen products a year, thats unbelievable. Jobs worked with Pixar as well. - â€Å"Steve Jobs in 1994: The Rolling Stone Interview.† Rolling Stone. N.p., n.d. Web. 13 Dec. 2014. This source is another interview. It includes information such as relationships between Steve Jobs and Bill Gates and Apples inventions. It includes lots of information on how he works and what he finds best to do as a leader of a huge company. -â€Å"Fortune.† How Big Can Apple Get? N.p., n.d. Web. 14 Dec. 2014. This source discusses apples progress and success. It includes information about stocks and how apple is competing with other companies. It also spoke about how many devices were sold when the device was released. It also leaked information about future releases at the time of the article. - â€Å"News. Text of Steve Jobs Commencement Address (2005). N.p., n.d. Web. 14 Dec. 2014. This source definitely contributed to our research while conducting our project. It is a speech that he wrote and delivered it in 2005. He tells his story of how he got into apple and the creation of all these technology devices. It includes information on his financial status as a young adult and he struggled and worked hard to become what he did. - â€Å"Apple

Corporate Financial Assignment

Question: Describe about the internal rate of return. Answer: Internal rate of return is superior to the Average rate of return in following ways; Under Internal rate of return, the net percentage of profit is zero or it is almost ignored since the cost of investment is weighted by the benefits that one derives from the investment. Under the Average rate of return, the actual value of the profit is represented in percentage for each of the dollars invested is taken in to the account. It is also noted that under Internal rate of return all gains that one derives are inherent to the value of money that one invests whereas under the average rate of return time factor is not taken account. Comparative study of NPV and IRR: Every organization is faced with the dilemma of making a choice between the projects. Net present value and the internal rate of return are two of the most common parameters which is the most common parameters used in the certain projects as both the criterion give contradictory outcome. This means that if one considers the NPV method but on the other side the same time IRR method favors another project. One of the advantages of NPV is that it is expressed as absolute terms while IRR is expressed in percentage terms. On the other hand, NPV makes the process of decision making easy while IRR does not offer the ease of decision-making. Variation in the outflow of cash will not effect the NPV while under IRR it variation in the cash flow will either show multiple or negative reflections. The purpose of NPV is to determine the surplus from the investment made in the project on the other hand IRR represents the state of neither profit nor loss. Conclusion: The report is prepared in accordance with the accounting principle and therefore, all the figures represent true and fair view of investment in equipment. A comparative study shows that IRR and NPV is more useful tool than the ARR and the pay back period. It is advisable for the management to retain the old equipment rather than investing in new equipment since the profitability index and the sensitivity analysis shows that old equipment is beneficial for the organization than investing in new equipment. Reference List Chen, C., Li, G. and Reynolds, A., 2012. Robust constrained optimization of short-and long-term net present value for closed-loop reservoir management.SPE Journal,17(03), pp.849-864. Guerra, M.L., Magni, C.A. and Stefanini, L., 2014. Interval and fuzzy Average Internal Rate of Return for investment appraisal.Fuzzy Sets and Systems,257, pp.217-241.