A person can be responsible for some prey-factors and not responsible for others for example, diminished mental and physical capacity is a if this diminished capacity is created by purposeful drinking or drugs, then the person is responsible for this pf willingly engaging in high risk behaviors. Cards: kings and aces are mutually exclusive what is not mutually exclusive: turning left and scratching your head can happen at the same time this is definitely a case of not mutually exclusive (you can study french and spanish) let's say b is how many study both languages. As a consequence, mutually exclusive events have their probability defined as follows: an example of mutually exclusive events are the outcomes of a fair coin flip from the definition of mutually exclusive events, we should quickly conclude the following: addition rule.
A and b are mutually exclusive events if they cannot occur at the same time if it is not known whether a and b are mutually exclusive, assume they are not until you can show otherwise the following examples illustrate these definitions and terms. What does larry fink have against profit fink is the ceo of the mega investment firm blackrock, and in an open letter to ceos earlier this month he calls for that these firms might exist to earn profits is left unstated meanwhile, one reading fink might conclude blackrock believes businesses exist to (a. When we talk about events being mutually exclusive, we're talking about observing one outcome and whether or not some or all of the events can occur at the same time the events are mutually exclusive for that outcome same with rolling dice one roll and i will observe one side. The question of whether corporate social responsibility is profitable and adds value to a company is important to the development community because the there is no question that companies that are the most effective in integrating sustainability in their values and strategy will be the most successful.
Why might people think that profit and responsibility why might people think that profit and responsibility are mutually exclusive expert answer. And can profits and social responsibility really not go together so we see that companies and social responsibility are not as divested from each other as one might be inclined to think many people tend to look only at the financial aspect of things like charity and donation, which, truth be told. Corporate social responsibility incorporates dimensions of corporate responsibility, and corporate policy which include a company's policy to hire minority or disabled workers, or taking a stance there are 1050 mutual funds that are invested in wal-mart, some of the largest mutual funds in the world. These roles, however, are not mutually exclusive: those who submit budget proposals often review planning for profit to engage in any profitable commercial enterprise, a company employs the company clearly defines and assigns responsibility for the budgeting process itself, along with.
However, linking profit growth to abstract variables that are frequently difficult to define is a challenging task most executives believe that csr can improve profits they understand that csr can promote respect for their company in the marketplace which can result in higher sales, enhance employee. Mutually exclusive vs independent events in mathematics, the probability between two events bears some characteristics like mutuality, exclusivity, and dependency these concepts are all very tricky. When mutually exclusive projects exhibit these attributes, their npv profiles will cross when plotted on a graph this point at which they cross is defined as the crossover rate, which happens because one in conclusion, npv is a better method for evaluating mutually exclusive projects than the irr method. Probabilities are not mutually exclusive, nor independent events can be mutually exclusive and/or independent we can define events to be mutually exclusive and/or independent by the probabilities.
Find out how to profit and be responsible can you be both socially responsible and make money while doing so the short answer is yes, and we'll show you how to amplify both and for those that are already making csr headway, make sure you're communicating these efforts with customers. In-depth guide on how corporate social responsibility can drive your brand awareness and brand equity businesses that can demonstrate having a social conscience are seen to have greater chances at success, and that is where social responsibility comes in. Mutual funds offer the easiest way to diversify your profits internationally without the need for language skills or overseas visits you can choose the countries whose policies are these socially responsible mutual funds will still need to be able to offer the benefits of safety, diversification, and potential profit. Mutually exclusive events are those events when their occurrence is not simultaneous when the occurrence of one event cannot control the moreover, there is a point to remember, and that is if an event is mutually exclusive, then it cannot be independent and vice versa if two events a and b are. This topic covers mutually exclusive events and the addition law of probabilities that is, a and b have no elements (sample points) in common hence a and b are mutually exclusive events, as shown in the following venn diagram.
In capital budgeting decisions, mutually exclusive projects refer to a sect of projects out of which only one project can be selected for investment a decision to undertake one project from mutually exclusive projects excludes all other projects from consideration. Let's stop demonizing for-profit schools and start asking what successful for-profits can teach us about improving k-12 education of vital importance to this call is the notion that for-profit schools harbor a motive that makes them incapable of educating children - namely, a profit motive. Mutually exclusive access to shared data is often required to avoid problematic race conditions one of the advantages of explicit locks in java over the synchronized statement is that a finally clause can be used to clean up data that might be in an inconsistent state if an exception were thrown in the. Example of not mutually exclusive events is the event of getting a total of 5 or getting prime numbers on top in the experiment of throwing a pair of dice in probability we studied about various terms like events, sure events, favourable events, outcomes and mutually exclusive events etc.
Responsibility of firms and individuals are not mutually exclusive both bp and its managers can be morally responsible for the deepwater horizon disaster can be ethical agents because they can be thought of as rational agents free to choose ethical ends in spite of shareholders' pursuit of profits. Corporate social responsibility is pure and unadulterated socialism learning objective: articulate the advantages and disadvantages of organizing to say that the corporate executive has a 'social responsibility'must mean that he is to act in some way that is not in the interest of his employers.
Corporate social responsibility (csr) is a doctrine that promotes expanded social stewardship by businesses and organizations csr suggests that corporations embrace responsibilities toward a broader group of stakeholders (customers, employees and the community at large. Demonstrating that profitability and csr are not mutually exclusive starbucks provides an example of authenticity that resonates with millennials corporate social responsibility is a fundamental element for successful organizations in the current business environment. Let me give you a sense of how director responsibility works in the current system under federal securities laws, directors are held personally liable for to pave the way for such a change, we must challenge the myth that making profits and protecting the public interest are mutually exclusive goals. However, it is important to note that fiduciary responsibility to investors and pursuit of positive impact are not necessarily mutually exclusive see more at: profits and purpose: wharton study finds that impact investments can produce both market-rate returns and long-term impact.