Security Plan - Knowledge and Information Security

Contents CONTENTS 4 EXECUTIVE SUMMARY 6 RESPONSIBLE PERSONNEL 7 CHIEF SECURITY OFFICER 7 ELECTRONIC SECURITY MANAGER 7 PHYSICAL SECURITY MANAGER 7 RISK MANAGEMENT OFFICER 7 ASSESSMENT OF RISK 8 PHYSICAL 8 ELECTRONIC 9 DATA ACCESS SECURITY 10 GENERAL SECURITY 10 USER AUTHORISATION 10 USER AUTHENTICATION 11 SECURE DATABASE 11 PHYSICAL FILES 11 ELECTRONIC INTRUDER DETERRENCE – VIRUSES AND MALWARE 12 SOCIAL ENGINEERING 12 FILE SHARING 12 WIRELESS NETWORKS 13 STAFF VETTING AND SEPARATION PROCEDURES 13 GENERAL STATEMENT 13 STAFF SCREENING 13 SEPARATION PROCEDURES 13 PERSONNEL SECURITY 14 GENERAL STATEMENT 14 PASSIVE MONITORING 14 POSITIVE MONITORING 14 PHYSICAL SECURITY 15 GENERAL STATEMENT 15 AUTHORITY FOR†¦show more content†¦2) Electronic surveillance of premises by third party to gain confidential information, may include: a) Wiretaps on telephones of key personnel b) Electronic audio-recording equipment in key locations such as in boardrooms, or management offices 3) Access agents employed by outside entities to gain access to organisation and information repositories a) Persons in the employ of an outside entity to infiltrate the organisation and gain access to confidential information. 4) Outside entity may recruit or subvert staff to gain information a) Pressuring or enticing employees to provide information, or to facilitate electronic or physical access to that information for the benefit of the outside entity. 5) Material damage to physical documents and equipment resulting from fire or other unforseen occurrences e.g. earthquakes and other natural disasters. 6) Portable devices that are used by staff for convenience may be lost or stolen a) Lax password security means that should these portable devices be lost or stolen the information stored on them is available to anyone who cares to view it. Electronic (Volonino Robinson, 2005) Electronic security is meant to guard databases and networks from unauthorised access and malicious or accidental damage. An instituted electronic security system prevents damage to information by intangible means such viruses, bugs, malware,Show MoreRelatedInformation Systems Security Certification Certification1491 Words   |  6 PagesInternational Information Systems Security Certification Consortium or the (ISC) 2 that focuses on the development of a secure application. For a one to qualify for this certification, one must possess at least four years’ experience with the any of the software development lifecycle and thus can be distinguished as an expert in the assessment topics areas in the entire certification. The individual who may be interested in pursuing this certification might be the Information Security Engineer whoRead MoreSec 402 Request for Proposals (Rfp)1191 Words   |  5 PagesSummary Details The Board of Directors request that their information security strategy be upgraded to allow greater opportunities of secure cloud collaboration. Also dress the concerns on the recent number of hack visit attacks that have caused the network to fail across the enterprise. The organization has know brand products across the world and expects top-secret methods for safeguarding proprietary information on its recipes and product lines Note to Proponents: Please be sure to review theRead MoreThe Plan And Budget After The Homeland Security792 Words   |  4 Pagesinvolved in developing a Homeland Security Plan and Budget after the Homeland Security Assessment of the organization has been completed is to first develop the Vision statement The Vision statement is XYZ organization will be the industry leader in providing â€Å"Best Practices† that support homeland security among employees, suppliers, partners, and customers. The second step is to develop the Mission statement, and Mission statement creates ownership of homeland security initiatives among all levels ofRead MoreReport On Online Sales1721 Words   |  7 PagesMr. Raj and Mr. Harjot From: Andre Luis Lumertz Peres Subject: Consulting IT Report – Online Sales Executive Summary The purpose of this report is to provide an analysis, considerations, and information necessary for the implementation of an online sales ordering platform. Based on information from the organization that makes $ 2 to $ 3 million in annual sales selling Drones their store located in Kitchener Ontario and with approximately 20 employees. The strategy of owners is to increaseRead MoreInformation Security In Zanziabar Public Sector1465 Words   |  6 PagesThe information security challenges faced in Zanzibar are persistent in transitional countries as could be seen in the case study â€Å"state of Information Security in Zanzibar’s public sector† (Shaaban, et al., 2012). Most of these challenges are partly attributed to lack of proper budgeting for ICT infrastructures, cultural gap awareness, political instability, trust, business continuity plan, and inadequate human resource management to effectively manage this technology (Dada, 2006). The applicationRead MoreInformation Technology And Security Gaps Of The Bank Solutions Inc.1457 Words   |  6 PagesThere is no debate to clarify that information security is an important asset to any organizations regardless of its size. To be more precise, information security is much important for financial institutions like Bank solutions Inc. whose main priority is to protect the confidentiality, integrity and availability of assets, individuals, information and information systems. Purpose The main purpose of this paper is to elaborate on the information technology/security gaps of the Bank solutions Inc.Read MoreA Plan For Reactive And Proactive Security Planning1173 Words   |  5 PagesJune 29, 2015 Security Planning After assessing the risk invovled with the organization infrastructure. The next step is security planning which involves developing controls and policies with techniques to help with security. The security strategies will define a plan for reactive and proactive security planning. The planning is developed to protect the company assets. Reactivly planning a contingency plan to implement just in case the orginal plan failed. The security plan will consists ofRead MoreStrategic Planning Process And Plan1555 Words   |  7 PagesStrategic Planning Process and Plan Harper College’s Information Technology (IT) Client Services department houses the Information Security group. This group does not gather most of its own data, so the leaders will need to gather metric information from other College areas. Harper College Mission and Vision The Harper College mission is â€Å"Harper College enriches its diverse communities by providing quality, affordable, and accessible education. Harper College, in collaboration with its partnersRead MorePublic Policing vs. Private Policing1556 Words   |  7 PagesPublic Policing vs. Private Security AJS 502/Survey of Justice and Security Jessica Bishop June 3, 2012 Public Policing vs. Private Security Public policing stands for more in society than private security because of the funding provided. Most private security agencies have to acquire more publicRead MoreDescription Of Certified Information Systems Security Professional Practitionor1428 Words   |  6 PagesCertified Information Systems Security Professional (CISSP) certification is considered by many to be the most prestigious certification for security managers (Whitman Mattord, 2013). Cybersecurity is a very important piece of the puzzle. Organizations today depend on it for safety to protect their assets and the privacy of their customers. Each organization should maintain a strong security source. If you are looking for a way to advance your career or become a member of a community of cybersecurity

Should Prostitution Be A Victimless Crime - 1506 Words

The act of prostitution has been a leading topic of moral and legislative debate for centuries. Sometimes referred to as the ‘world’s oldest profession’ because it dates back to around 2400 B.C., prostitution is the practice of exchanging, selling or trading of sexual acts for payment. Although this service is forbidden amongst the world more often than it is not, the debate of its legalization has remained a heated issue (ProQuest Staff).The legalization of prostitution and whether or not prostitution should be considered a victimless crime are two of the main controversies that surround the matter of prostitution. The idea of prostitution engenders conflict of morality and constitutional rights and freedom. Many perceive the bartering of sex as a crime and some even view it as a form of sexual abuse (Klinger). Extremists have gone so far as to claim that prostitution is â€Å"indistinguishable† from sex trafficking. It is easy to see where the confusion s tems from but prostitution and sex trafficking are two entirely different things. Prostitution is sex in return for compensation of some form while sex trafficking is the purchase, the sale and the transfer of a human for commercial sex and is often considered to be a modern day form of slavery (ProCon.org). The Prostitutes’ Education Network stated in its article â€Å"Prostitution Act of 1996†, that prostitution is merely a service like every other in which people are selling and exchanging their skills and talents for money.Show MoreRelatedConsent Is A Vital Part Of Human Socialization1593 Words   |  7 Pageswatch. There are also some crimes that people consent to taking part in. In the eyes of the law, these crimes are considered â€Å"victimless† because the would-be victim consented to the crime. (Dempsey, 2013) There are two sides to every jail cell, meaning that the question â€Å"Does victimless crime exist?† has contrary answers depending on who’s answering. This paper’s assertion is in support of the present factor of victimhood for an act to be considered a crime. In Crime and Morality by Hans BoutellierRead MoreVictimless Crimes Not To Be Decriminalized Essay1120 Words   |  5 PagesVictimless crimes, the illegal act(s) that involves consenting adults and lacks a complaining participant, have been the topic of heated debate for some time now (Kendall, 2014). This debate centers primarily on the question as to whether these acts should be crimes at all. The arguments take several forms. One of the controversies involves the importance of personal freedom versus society’s idea to uphold moral standards. A second issue addresses the problem of the conception of harm. PeopleRead MoreTo what Extent Are Prostitution and Drug Use Associated with Sociological Variables?1214 Words   |  5 Pagesextent are prostitution and drug use associated with sociological variables and are they truly victimless? Prostitution and illicit drug use are contentious topics, not only in North America but around the world. The issues of how to police, as well as whether or not to decriminalize prostitution and drug use are multifaceted and encompass sociological, economic, and health factors. Although there is a general understanding amongst the public concerning the definitions of prostitution and drug useRead More There are no Truly Victimless Crimes Essay1026 Words   |  5 Pagesworth the risk. Should he be allowed to take the drug? Or should the government force him to abstain from it, in his own interest? He is not hurting anyone but himself, so why should there be a law against it? This debate has raged since the beginning of civilization. J. S. Mill, in his Essay on Liberty, takes the position that is commonly accepted: the government should not interfere with matters that do not involve more than one person. These matters are often called victimless crimes. Mill - alongRead MoreVictimles s Crime1399 Words   |  6 PagesVictimless crime is defined as a violation of community standards or an illicit act against a government policy or agency (Wisegeek, 2009) yet, which neither directly harms nor violates the rights of any specific person, although some people may claim it harms society as a whole. Many people consider such acts as drunk driving, prostitution, public drunkenness, assisting someone to die at his or her request, using drugs, white-collar crimes, and abortion to be victimless crimes. They feel, as thoughRead MoreA Crime Is a Violation of Established Law, but Not All Crimes Have a Readily Identifiable Victim. a Victimless Crime Is One Where an Act That Violates an Established Law Is Committed, Without Leaving a Victim Behind;1937 Words   |  8 PagesA crime is a violation of established law, but not all crimes have a readily identifiable victim. A victimless crime is one where an act that violates an established law is committed, without leaving a vic tim behind; that is, there is no resulting damage to a person or property. In these cases, there is usually no victim because the illegal activity was consensually entered into. For this reason, victimless crimes are often called consensual crimes. One common example of a victimless crime isRead MoreShould Prostitution Be Legal?1354 Words   |  6 PagesTopic: Should Prostitution be Legal? General Purpose: To inform Specific Purpose: To inform my audience about the pros and cons of prostitution being legalized. Central Idea: There are various valid points on both side of the controversial issue of prostitution. I. Introduction Attention-Getter. The only reason I d lift my skirt is to pull a pistol and plug you in the head. Reveal the Topic. Should prostitution be legalized? C. Audience Motivation. Most human beings enjoy sexRead MoreCrime, Morality And The Criminal Justice System1858 Words   |  8 PagesA victimless crime is an illegal act or offense that involves consenting adults and no party is harmed or injured during the act. Such offenses are considered illegal, but there is no apparent victim. Although there are several disagreements to whether or not a crime is victimless or not four of the most commonly identified victimless crimes, also known as public order offenses, are: drug use, prostitution, pornography through sexting, and gambling. Victimless crimes have been the topic of a heatedRead MoreDecriminalization Of Prostitution. Since Time Began, Women1266 Words   |  6 PagesDecriminalization of Prostitution Since time began, women have been selling sex through prostitution, men have been buying it, and society has been debating the legitimacy of the oldest profession in the world. The prevalence of AIDS and other sexually transmitted diseases have cast a new light on the old moral and victimless crime arguments against and for legalization of prostitution throughout the United States. There are convincing arguments on both sides of this issue, points on both sidesRead MoreVictimless Crimes1330 Words   |  6 PagesVictimless crime is defined as illegal behavior in which people willingly engage and in which there are no unwilling victims. Victimless crimes can be viewed as prostitution, illegal drug use, or illegal gambling. These are considered crimes because they can harm your body, or life in some way, and because you willingly do them. There are many other things in our lives that we can do such as smoking cigarettes, or drinking that can harm our lives and body in some way but are legal. In my opinion

Answer to Chapter Free Essays

Chapter 5 – Mankiw SOLUTIONS TO TEXT PROBLEMS: Quick Quizzes 1. The price elasticity of demand is a measure of how much the quantity demanded of a good responds to a change in the price of that good, computed as the percentage change in quantity demanded divided by the percentage change in price. When demand is inelastic (a price elasticity less than 1), a price increase raises total revenue, and a price decrease reduces total revenue. We will write a custom essay sample on Answer to Chapter or any similar topic only for you Order Now When demand is elastic (a price elasticity greater than 1), a price increase reduces total revenue, and a price decrease increases total revenue. When demand is unit elastic (a price elasticity equal to 1), a change in price does not affect total revenue. 2. The price elasticity of supply is a measure of how much the quantity supplied of a good responds to a change in the price of that good, computed as the percentage change in quantity supplied divided by the percentage change in price. The price elasticity of supply might be different in the long run than in the short run because over short periods of time, firms cannot easily change the sizes of their factories to make more or less of a good. Thus, in the short run, the quantity supplied is not very responsive to the price. However, over longer periods, firms can build new factories, expand existing factories, close old factories, or they can enter or exit a market. So, in the long run, the quantity supplied can respond substantially to a change in price. 3. A drought that destroys half of all farm crops could be good for farmers (at least those unaffected by the drought) if the demand for the crops is inelastic. The shift to the left of the supply curve leads to a price increase that will raise total revenue if the price elasticity of demand is less than 1. No one farmer would have an incentive to destroy his crops in the absence of a drought because he takes the market price as given. Only if all farmers destroyed a portion of their crops together, for example through a government program, would this plan work to make farmers better off. Questions for Review 1. The price elasticity of demand measures how much quantity demanded responds to a change in price. The income elasticity of demand measures how much quantity demanded responds to changes in consumer income. 2. The determinants of the price elasticity of demand include how available close substitutes are, whether the good is a necessity or a luxury, how broadly defined the market is, and the time horizon. Luxury goods have greater price elasticities than necessities, goods with close substitutes have greater elasticities, goods in more narrowly defined markets have greater elasticities, and the elasticity of demand is greater the longer the time horizon. . The main advantage of using the mid-point formula is that it uses a constant base whether the change in price or quantity demanded is an increase or a decrease. 87 88 Chapter 5/Elasticity and Its Application 4. An elasticity greater than one means that demand is elastic. When the elasticity is greater than one, the percentage change in quantity demanded exceeds the percentage change in price. When the elasticity equals zero, dema nd is perfectly inelastic. There is no change in quantity demanded when there is a change in price. 5. Figure 1 presents a supply-and-demand diagram, showing the equilibrium price, the equilibrium quantity, and the total revenue received by producers. Total revenue equals the equilibrium price times the equilibrium quantity, which is the area of the rectangle shown in the figure. Figure 1 6. If demand is elastic, an increase in price reduces total revenue. With elastic demand, the quantity demanded falls by a greater percentage than the price rises. As a result, total revenue declines. 7. A good with income elasticity less than zero is called an inferior good because as income rises, the quantity demanded declines. . The price elasticity of supply is calculated as the percentage change in quantity supplied divided by the percentage change in price. It measures how much quantity supplied responds to changes in price. 9. The price elasticity of supply of Picasso paintings is zero, because no matter how high price rises, no more can ever be produced. 10. The price elasticity of supply is usually larger in the long run than it is in the short run. Over short periods of time, firms cannot easily change the sizes of their factories to make more or less of a good, so the quantity supplied is not very responsive to price. Over longer periods, firms can build new factories or close old ones, so the quantity supplied is more responsive to price. 11. Because the demand for drugs is likely to be inelastic, an increase in price will lead to a rise in total expenditure. Therefore, drug users may resort to theft or burglary to support their habits. Chapter 5/Elasticity and Its Application Problems and Applications 89 1. a. Mystery novels have more elastic demand than required textbooks, because mystery novels have close substitutes and are a luxury good, while required textbooks are a necessity with no close substitutes. If the price of mystery novels were to rise, readers could substitute other types of novels, or buy fewer novels altogether. But if the price of required textbooks were to rise, students would have little choice but to pay the higher price. Thus, the quantity demanded of required textbooks is less responsive to price than the quantity demanded of mystery novels. b. Beethoven recordings have more elastic demand than classical music recordings in general. Beethoven recordings are a narrower market than classical music recordings, so it is easy to find close substitutes for them. If the price of Beethoven recordings were to rise, people could substitute other classical recordings, like Mozart. But if the price of all classical recordings were to rise, substitution would be more difficult. (A transition from classical music to rap is unlikely! ) Thus, the quantity demanded of classical recordings is less responsive to price than the quantity demanded of Beethoven recordings. c. Subway rides during the next five years have more elastic demand than subway rides during the next six months. Goods have a more elastic demand over longer time horizons. If the fare for a subway ride was to rise temporarily, consumers could not switch to other forms of transportation without great expense or great inconvenience. But if the fare for a subway ride was to remain high for a long time, people would gradually switch to alternative forms of transportation. As a result, the quantity demanded of subway rides during the next six months will be less responsive to changes in the price than the quantity demanded of subway rides during the next five years. d. Root beer has more elastic demand than water. Root beer is a luxury with close substitutes, while water is a necessity with no close substitutes. If the price of water were to rise, consumers have little choice but to pay the higher price. But if the price of root beer were to rise, consumers could easily switch to other sodas. So the quantity demanded of root beer is more responsive to changes in price than the quantity demanded of water. 2. a. For business travelers, the price elasticity of demand when the price of tickets rises from $200 to $250 is [(2,000 – 1,900)/1,950]/[(250 – 200)/225] = 0. 05/0. 22 = 0. 23. For vacationers, the price elasticity of demand when the price of tickets rises from $200 to $250 is [(800 – 600)/700] / [(250 – 200)/225] = 0. 29/0. 22 = 1. 32. b. The price elasticity of demand for vacationers is higher than the elasticity for business travelers because vacationers can choose more easily a different mode of transportation (like driving or taking the train). Business travelers are less likely to do so because time is more important to them and their schedules are less adaptable. 3. a. The percentage change in price is equal to (2. 20 – 1. 00)/2. 00 = 0. = 20%. If the price elasticity of demand is 0. 2, quantity demanded will fall by 4% in the short run [0. 20 ? 0. 20]. If the price elasticity of demand is 0. 7, quantity demanded will fall by 14% in the long run [0. 7 ? 0. 2]. b. Over time, consumers can make adjustments to their homes by purchasing alternative heat sources such as natural gas or electric furnaces. Thus, they can respond more eas ily to the change in the price of heating oil in the long run than in the short run. 90 Chapter 5/Elasticity and Its Application 4. If quantity demanded fell, price must have risen. If total revenue rose, then the percentage increase in the price must be greater than the percentage decline in quantity demanded. Therefore, demand is inelastic. 5. Both Billy and Valerie may be correct. If demand increases, but supply is â€Å"totally† inelastic, equilibrium price will rise but the equilibrium quantity will remain the same. This would also occur if supply decreases and demand is â€Å"totally† inelastic. Marian is incorrect. If supply and demand both rise, equilibrium quantity will increase, but the impact on equilibrium price is indeterminate. 6. a. If our income is $10,000, your price elasticity of demand as the price of compact discs rises from $8 to $10 is [(40 – 32)/36]/[(10 – 8)/9] =0. 22/0. 22 = 1. If your income is $12,000, the elasticity is [(50 – 45)/47. 5]/[(10 – 8)/9] = 0. 11/0. 22 = 0. 5. b. If the price is $12, your income elasticity of demand as your income increases from $10,000 to $12,000 is [(30 – 2 4)/27]/[(12,000 – 10,000)/11,000] = 0. 22/0. 18 = 1. 22. If the price is $16, your income elasticity of demand as your income increases from $10,000 to $12,000 is [(12 – 8)/10]/[(12,000 – 10,000)/11,000] = 0. 40/0. 18 = 2. 2. 7. Yes, an increase in income would decrease the demand for good X because the income elasticity is less than zero, indicating that good X is an inferior good. A decrease in the price of good Y will decrease the demand for good X because the two goods are substitutes (as indicated by a cross-price elasticity that is greater than zero). 8. a. If Maria always spends one-third of her income on clothing, then her income elasticity of demand is one, because maintaining her clothing expenditures as a constant fraction of her income means the percentage change in her quantity of clothing must equal her percentage change in income. . Maria’s price elasticity of clothing demand is also one, because every percentage point increase in the price of clothing would lead her to reduce her quantity purchased by the same percentage. c. Because Maria spends a smaller proportion of her income on clothing, then for any given price, her quantity demanded will be lower. Thus, her demand curve has shif ted to the left. Because she will again spend a constant fraction of her income on clothing, her income and price elasticities of demand remain one. 9. a. If quantity demanded falls by 4. 3% when price rises by 20%, the price elasticity of demand is 4. /20 = 0. 215, which is fairly inelastic. b. Because the demand is inelastic, the Transit Authority’s revenue rises when the fare rises. c. The elasticity estimate might be unreliable because it is only the first month after the fare increase. As time goes by, people may switch to other means of transportation in response to the price increase. So the elasticity may be larger in the long run than it is in the short run. 10. Tom’s price elasticity of demand is zero, because he wants the same quantity regardless of the price. Jerry’s price elasticity of demand is one, ecause he spends the same amount on gas, no matter what the price, which means his percentage change in quantity is equal to the percentage change in p rice. Chapter 5/Elasticity and Its Application 91 11. a. With a price elasticity of demand of 0. 4, reducing the quantity demanded of cigarettes by 20% requires a 50% increase in price, because 20/50 = 0. 4. With the price of cigarettes currently $2, this would require an increase in the price to $3. 33 a pack using the midpoint method (note that ($3. 33 – $2)/$2. 67 = . 50). b. The policy will have a larger effect five years from now than it does one year from now. The elasticity is larger in the long run, because it may take some time for people to reduce their cigarette usage. The habit of smoking is hard to break in the short run. c. Because teenagers do not have as much income as adults, they are likely to have a higher price elasticity of demand. Also, adults are more likely to be addicted to cigarettes, making it more difficult to reduce their quantity demanded in response to a higher price. 12. In order to determine whether you should raise or lower the price of admissions, you need to know if the demand is elastic or inelastic. If demand is elastic, a decline in the price of admissions will increase total revenue. If demand is inelastic, an increase in the price of admissions will cause total revenue to rise. 13. a. As Figure 2 shows, the increase in supply reduces the equilibrium price and increases the equilibrium quantity in both markets. b. In the market for pharmaceutical drugs (with inelastic demand), the increase in supply leads to a relatively large decline in the equilibrium price and a small increase in the equilibrium quantity. Figure 2 c. In the market for computers (with elastic demand), the increase in supply leads to a relatively large increase in the equilibrium quantity and a small decline in the equilibrium price. d. Because demand is inelastic in the market for pharmaceutical drugs, the percentage increase in quantity will be lower than the percentage decrease in price; thus, total 92 Chapter 5/Elasticity and Its Application consumer spending will decline. Because demand is elastic in the market for computers, the percentage increase in quantity will be greater than the percentage decrease in price, so total consumer spending will increase. 4. a. As Figure 3 shows, the increase in demand increases both the equilibrium price and the equilibrium quantity in both markets. b. In the market for beachfront resorts (with inelastic supply), the increase in demand leads to a relatively large increase in the equilibrium price and a small increase in the equilibrium quantity. c. In the market for automobiles (with elastic supply), the increase in demand leads to a relatively large increase in the equilibrium quantity and a small increase in equilibrium price. d. In both markets, total consumer spending rises, because both equilibrium price and equilibrium quantity rise. Figure 3 15. a. Farmers whose crops were not destroyed benefited because the destruction of some of the crops reduced the supply, causing the equilibrium price to rise. b. To tell whether farmers as a group were hurt or helped by the floods, you would need to know the price elasticity of demand. It could be that the total revenue received by all farmers as a group actually rose. 16. A worldwide drought could increase the total revenue of farmers if the price elasticity of demand for grain is inelastic. The drought reduces the supply of grain, but if demand is inelastic, the reduction of supply causes a large increase in price. Total farm revenue would rise as a result. If there is only a drought in Kansas, Kansas’ production is not a large enough proportion of the total farm product to have much impact on the price. As a result, price does not change (or changes by only a slight amount), while the output by Kansas farmers declines, thus reducing their income. 17. The quantity demanded at various prices is shown in the table below: Chapter 5/Elasticity and Its Application Price 1 2 3 4 5 6 Quantity Demanded 60 30 20 15 12 10 93 Figure 4 The demand curve is shown in Figure 4. When price rises from $1 to $2 (a 66. 67 % increase), quantity demanded falls from 60 to 30 (a 66. 67% decrease). Therefore, the price elasticity of demand is equal to one. When price rises from $5 to $6 (an 18. 18% increase), quantity demanded falls from 12 to 10 (an 18. 18% decline). Again the price elasticity is equal to one. A linear demand curve has a price elasticity that declines in absolute value as price falls. This demand curve has a constant elasticity equal to one. How to cite Answer to Chapter, Papers

Business Ethics and Sustainability Analysis

Question: Describe about the Business Ethics and Sustainability. Answer: Hello everyone, I am verygratefulto have learned the following values , ethicsas well asmorals in thecourse.Each one of theseelementsappearconstantlyas they arecontained inour everyday livesbutcertainlynotcarefullyunderstandthetrue meaningas well aspractical applicationfields throughout our existence .You will need torecognize thatcompaniesare madeby individualsand it is these whosecurethe benefit forinvestorsbut fora number of themis not importantjust howisreceived,howeveron the other hand ,you will findbusiness peoplewhonot justconcerned about maximizingearningsbut at the same timethe way toobtain it . I havediscovered thatethics for them playsan importantrole , they areready togive upgood resultswhenever they had tobehaveunethically , or lack of social sensitivity .We are going tosee thea lot moreclearly theimpactof ethics in businessas well as theresults that can be obtained bykeepingthis principle . I have learned a lot thanks to this course .Thanks. People not only act morally, but also reflect on our behavior or that of others, as when we wonder should I do this ?, Have I done the right thing ?, it is just that , etc. This human concern clarify their own moral behavior led to the Ethics, a discipline born in Classical Greece in the s. IV. C. part of Philosophy, valuable know that you studied in later courses. The Ethics word comes from thos Greek, meaning "custom" or habit and "character" or way of being, like the term "moral" in Latin, but they coincide in this regard, we will consider along this Ethics course as the philosophical study of moral conduct in general, differentiating it from other types of behavior. According to all the diagonistic tools conducted in this paper it is clear that we tend to be sympathetic and emphathetic to other human beings. We always feel compassion for people going through a hard time and the decisions we make are based on the premise of what is right for me to do as shown in the surveys conducted. Now, other knowledge, history for instance, it tells us what human facts, Ethics, however, tells us how they should be; determines what is moral responsibility, investigates whether there is freedom in human behavior, analyze the moral obligation interrogating what should I do ?, why ?, how are humans , selfish or generous ?, some people are better than others, or all have the same ability to be good ?, why I should be a good person ?, etc. What were my assumptions about ethics and morality before coming to this course Before coming into this course I had very little understanding on ethics and morality, but I knew they have importance in matters concerning business. Have these changed and why Profit maximization has always been the ultimate goal any company; currently, this goal has been replaced by maximizing the value of the company for its owners, ie, to its shareholders. But it can not and should not be the only objective pursued(Corporate social responsibility, 2007). The company plays a vital role in today's society and must therefore contribute to its development and welfare. In an era of organizations, like the one we live in, the company must be a model for all of them. This is in constant interaction with the companies objective, so that the direction of it, must maintain the coexistence of the company to the outside. In addition to the relationship with everything that surrounds it, the management must welfare of all members within the organization. They say that in many cases, employees are the best asset a company can have. It must, therefore, take care; and must do so because it is a business issue, it is a moral issue. A fully integrated and identified with the organization, happy employees perform better and more efficient way their work and not create conflicts(Gregg and Stoner, 2009). Dissatisfied, for whatever reason (salary, working hours. workers perform their work at ease and efficiency will drop many integers, and is also a constant source of problems. If the company is called to be in the future, somehow already being a basic pillar of society, have a moral duty to provide decent and ample subsistence to all members and their families, offering them the possibility of putting their sights beyond their current job, thus offering a real chance to move up within the company or outside it through their training. Although, unfortunately, the reality is quite different. Most organizations are seeking economic growth either way, leaving aside all ethical aspect. Is a common practice by many entrepreneurs to locate their production to save costs in third world countries because there labor is much cheaper and can exploit the worker with greater ease due to lack of labor legislation and starvation in these people facing no opposition and in many cases the complicity of the West. Many entrepreneurs from Western countries, including Spain, despite having a considerable unemployment rate requested the massive influx of immigrants from the third world, relying on the false stereotype that need to perform jobs that Spaniards do not want to make , hiding the true reality, the need to work in subhuman conditions under which the Spaniards are not willing to work, and this has a name, oppression(Keillor and Wilkinson, 2011). All this causes the breakdown of the family nucleus of immigrants and, in many ca ses, a culture shock. This has very negative consequences for society. Globalization must not involve the consolidation of economic blocks that either they put aside or base their wealth on the exploitation of the third world. Must, without any doubt, moral standards include business goals, although it is not easy in a society that suffers a serious loss of values. Education must play a key role to remedy this. The company has to be the engine of change and management has to be aware of it. This is the essence of libertarianism, political philosophy which holds that prosperity, peace, and fulfillment of human beings can only occur in a social system based on unconditional respect for life, liberty and property of each individual. What were my assumptions about the responsibility of business and organisations to communities and broader society and what has changed I was very ignorant of the fact that any business needs to give back to the community in terms of CSR. Most companies however do not prioritise this very important aspect of a business and before learning this course I did not know that this has serious implications to the company in terms of the reputation. Studies show that nearly 80% of workers choose to work for a company that has an excellent reputation that pays a salary sufficient to cover its obligations for a company that pays a better salary but has a bad reputation in general. It also enriches the relationship with the environment and increases the influence of the organization in the community: to disseminate honest and specific information and perform actions socially engaged helps the image of the company against the central community and provides links that can trigger joint social projects. All this helps the company to increase its number of customers to this positive image, employees come with greater enthusiasm, be comes more influential among investors, can become is recognized internationally, respect for non-governmental organizations win and they may even get to reduce their operating costs through environmental actions. Nature of Business Diagonistic tool number 5 clearly shows that I support legitimate business. Moreso, it shows that regardless of the profit that a business is posting if the business is not legal thewn the people wont support it. What I have learnt from this course According to the diagonistic tools I have learned that Social responsibility is so important in the success of long-term business and current that corporate social responsibility (CSR) has become a widely recognized process for business in this century. It is therefore important to have corporate social responsibility to teach executives of the new management area , the world change the way they do business will also change, more than important, it is necessary, because unfortunately in most universities are not given adequate training on these issues , then it follows that we executives, serious, successful, but they do not understand the social role to be met, ie that not only have accountability to shareholders but also to society as a whole. Corporate social responsibility is one more mechanism for executives and companies return to society what it has given to them. Today it is impossible to think of businesses that do not work corporate social responsibility when it is so necesarry.The first thing to take into account a company or institution is that corporate social responsibility is not an expense but an investment, provides the following benefits: Reduces costs stoppage of operations or safety by reducing the possibility of conflicts with the population improves productivity, have motivated workers or better health, which helps to increase their loyalty to the company, improving internal environment and safety of workers, considering their needs, improve the external environment, the identify and mitigate the impacts that their activities may generate in the environment, provides an image of responsibility in the company. The importance of the general environment for business activities is critical because many, if not most, of the resources and services needed to carry out these activities are part of the biophysical and social environment;