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Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
The Pocket Oxford Dictionary of Current English was originally conceived by F. G. Fowler and H. W. Fowler to be compressed, compact, and concise. Its primary source is the Oxford English Dictionary, and it is nominally an abridgement of the Concise Oxford Dictionary. It was first published in 1924. [86]
The Oxford Dictionary of Philosophy (1994; second edition 2008; third edition 2016) is a dictionary of philosophy by the philosopher Simon Blackburn, published by Oxford University Press. References [ edit ]
The third edition (revised), published in 2008, has 1,264 pages, somewhat smaller than the Concise Oxford English Dictionary, and is distinct from the "Compact" (single- and two-volume photo-reduced) editions of the multi-volume Oxford English Dictionary.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Many people keep physical cash at home, and for good reason. Even in a society where most vendors and retailers accept debit and credit cards, there are still cases in which having cash is ...
N.G. Mankiw definition from the book Economics: Capital is the equipment and structures used to produce goods and services. Physical capital consists of man-made goods (or input into the process of production) that assist in the production process. Cash, real estate, equipment, and inventory are examples of physical capital. [1]
Cryptocurrencies have revolutionized the financial system, with cashless payment systems thriving and central bank digital currencies (CBDCs) becoming a real possibility within the U.S.