Friday, February 21, 2020

Social Media Ethics Essay Example | Topics and Well Written Essays - 1250 words

Social Media Ethics - Essay Example This essay declares that the use of social media sites posed little danger to personal confidential information. However, as the world of social media became popular, social media sites like twitter and Facebook raised the availability of its products opening ways to new members and networks. The emergence of social media invited an ethical response that view technology as a monolithic power with different vector of impact and influence, one that can either impoverish or constrain human experience of actual world in particular manner. This paper discusses that in the current information age we live in, people have found social media networks to be an indispensable tool for connecting and communicating with each other. It is morally permissible for a person to disseminate information obtained via social media networks with the intention of creating a character profile because through social networks, public forums, media sharing websites and blogs that we are able to create interactive dialogues with others to share experiences and any important information. Despite this, some people argued that it is unethical to share information obtained from social media networks because they believe that social media would slowly fade away in turn exposing their information to dangerous people who might use the information to harm others. Social media continues to grow not just, because it allows people to connect quickly with others but also it provides users with the options of choosing when to connect, whom to connect with and what to share. The networks and ever-connected devices give the answer on the ‘how’ to share information. People on the other hand provide the answer to the question of ‘why’ they share (Wilkins and Patterson 2010, 56-59). Currently, social media serves various purposes among them blogging, collaborative and group interactions, product and service reviews, job interviews, entertainment, selling and buying, advertising and professional networking, to name but a few. From a business perspective, social media has offered businesses of all sizes a â€Å"large variety of opportunities to promote their products, services, and brands.   Ã‚  2The advent of social media such as Facebook, MySpace, Twitter, and Youtube has seen millions of people from all over the globe connect, create, and share content like never before (Wilkins and Patterson 71-74). The numerous videos, news, status updates, video views, and comments clearly reflect the enormous participatio n of people in such social networking sites. It is not bad for people especially businesses to use social media for marketing purposes since the essence of marketing is getting the information to reach as many people as possible (Wilkins and Patterson 2010, 79). From a utilitarian perspective, what is of most value and importance is happiness and pleasure. Pain and unhappiness are the things most sought to be avoided. An act is good to the extent that it promotes happiness and bad to the extent that it promotes unhappiness. The way that this is applied as a moral theory guiding one’s actions is that the morally right action is the one, which produces the most happiness, taking into account everyone who will be affected. Another way to say this is that the right action is t

Wednesday, February 5, 2020

Job Order versus Process Costing Techniques Research Paper

Job Order versus Process Costing Techniques - Research Paper Example Costing is one of the counting techniques used by companies’ manufactures goods and services to ascertain the labor, material expenses, and overheads incurred in operations. This is very crucial costing enables a company to know with certainty the materials needed, labor requirements and the overheads incurred for planning purposes. Costs are first accumulated after which they are assigned to products and services. Job-order and process costing are the two main product costing techniques usually employed for accumulating and assigning costs to services and products. Process costing, according to Finkler, Ward, and Baker, are a costing technique, which involves assigning all units produced within a given period to the same cost (34). Job-order costing, on the other hand, is a costing system that ascertains separately the costs incurred for producing the units for each job (Finkler, Ward, and Baker 34). The two costing techniques have certain differences, which makes them suitab le for certain companies and not in others. To begin with, before assigning costs to products and services, it is always necessary to accumulate the costs involved in the operation. This ensures that the company effectively determines all the overheads, labor, and material expenses involved in the operation. The two systems have several differences that distinguish one from the other. Firstly, in job-order costing system, jobs are given varying degrees of attention and skills from each operation or production department (Kinney and Raiborn 207). In contrast, in process costing system, the out-put units produced are given equal attention from each operation or production department.... Thirdly, in job-order costing system, costing is done to meet specifications of individual customers. This implies that products and services are produced in line with the requirements of a given customer. Therefore, in the job-order system, production is normally preceded by sales. In contrast, in process costing system, sales are preceded by production since production is for generating inventories for future sales. Therefore, under process costing system, there is no need of attempting to identify labor, material, and overhead costs with the specific orders made by customers. This is because each order forms just one of the many filled from a continuous flow of almost identical units from the line of production. Therefore, in process costing, costs are accumulated by departments, but not by orders, which are then assigned uniformly to all units passing through the department during a specified time. According to Finkler, Ward, and Baker, costs are not accumulated using job cost sh eets (Oliver 56). Fourthly, the two costing systems differ in accordance with how the unit costs are determined during operation. In this regard, in the job order costing system, unit costs are ascertained continually as soon as each job is completed. Process costing system, in contrast, involves periodic determination of unit costs. Additionally, in job-order costing system, material required for jobs depend on the order received. As such, the stock held is small in job costing. In process costing, on the other hand, materials required for output are known with certainty. Therefore, the material stock kept on hand tends to be higher than the job-order costing. In addition, most jobs, in job-order costing are directly traceable to other jobs, implying that a