How Social Darwinism support business
What is Social Darwinism and how it was utilized to support business?
Expert
The philosophy of Herbert Spencer which is replica of the theory of biological evolution of human society by Charles Darwin is known as Social Darwinism. According to social Darwinism, as in the world of plants and animals, where species compete and such best adapted survive, the fittest people rise to the top in the social competition for riches. Social Darwinism justified callous business practices and underhanded techniques; they were “natural”. Andrew Carnegie, an outspoken social Darwinists was very selective in applying “the law of the jungle”. He appealed to it whenever the government threatened to regulate the business practices. But he had no objections to unfair competitive advantages that enriched them like high protective tariffs.
What is the meaning of Electronic Fund Transfer. Briefly describe it.
Give a brief contrast between flexible and fixed budgets?
Factitious Assets: When any asset that has no market price which asset is termed as factitious assets. This is illustrated as expenditures of capital expenditure. The main illustration of such factitious assets is: Preliminary expenses, discount on is
In integrated world financial market, financial crisis in country is rapidly transmitted to the other countries, resulting in the global crisis. State some of the measures would you propose in order to avoid the recurrence of the Asia-type crisis.
What is the Historical Cost of Inventory?
Comment over the below proposition: “One can say that Bretton Woods’s system was programmed to the eventual demise”.
You are required to submit a bid to supply 200,000,000 widgets per year to the State of Illinois for the next five years. Your company has an idle tract of real estate that cost $1,500,000 ten years ago; if your company sold the land
Intangible assets: It is the asset that is not visible however we can feel them. The main examples of these assets are goodwill, patent and trade marks.
What is Wasting Assets. State briefly in terms of Accountancy?
Compare and contrast a variety of types of secondary market trading structures.
18,76,764
1943731 Asked
3,689
Active Tutors
1451831
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!