Why are businesses in the business? Is it for the sake of giving back to the community, giving people employment, or is it to make a profit? Jeff Van Duzer (Van Duzer), author of “Why Business Matters to God,” describes business from a Christian perspective. According to Van Duzer, “Business is called first not to profit but to participate in the work of redemption, providing meaningful work and helping communities flourish (Van Duzer, 2010).” This document will examine profit from an accounting perspective comparable to the perspective of “Why Business Matters to God.”
What is Profit? There are various terms for profit such as bottom line, net profit or net earnings. A profit is also described in numerous ways. One description of…show more content… How the business gets there and what they do matters to God. Most companies consistently strive to continuously earn profit and accounting is an integral part of the analysis. There are three major ways companies examine profitability analyzing gross profit, operating profit and net profit (Investipedia.com 2016). All three can be found on the income statement and all three give details of the company’s performance especially when benchmarking against other time periods, competitors, and industries. Many companies analyze gross profit margin to assess the health of the business and ascertain the company’s performance creating a product or service compared to the competition (Investipedia.com 2016). This first level of profitability calculates by taking sales minus the cost of goods sold (COGS and gross profit margin are generated by dividing gross profit by sales. The changes in the company’s pricing strategy or industry regulations can impact gross margin. A company needs adequate gross margin to pay for its operating expenses (Investipedia.com 2016). While gross profit looks at profitability after direct expenses are considered, operating profit examines profitability after operating expenses such as salaries and administrative costs
of life, including vocation and business practices.
Modernism is a reflection of man’s search of meaning and purpose. The modernism worldview carries over into various areas of disciplines. Today, a business manager, with a modernist worldview, may dictate the way s/he runs a business and resolves ethical dilemmas in the marketplace. Our worldview encompasses reality, knowledge, and morality, and forms the parameter in which man bases understanding. In a business journal on ethics “According to
Business 561 08/29/2015 Jasmine Montgomery Master of Business Administration: Healthcare Management When it comes to making business deals, one must do their research and gather not only information on the company, but their perspective on the matter. To say the least, this decision cannot be made in one night. My professor presented in the course a case study pertaining to business ethics. In this particular case study, it examined a recent graduated named Ramonda Alexander that needs to be advise
financial matters and morals created as branches of philosophy. He further watches that throughout the years, barriers between the two disciplines have created with most financial experts maintaining a strategic distance from any express specify of the moral ramifications of the monetary speculations and ideas tended to in mainstream financial writings. Stapleford tries to address this situation
Bulls, Bears, and Golden Calves present a review of financial and open approach issues in a Christian perspective
In today’s business environment, consumers aware of unethical behavior affecting small and large-scale businesses. In most cases, organizations suffer damage reputation, shareholders options decline, revenue decline and employee moral suffers. In order to prevent unethical behavior organizations should consider Christian Principles when developing policies and procedures to prevent unethical behavior. The role of business in God’s creation is not only the institution that human beings operates
another great read. I remember reading a story about a man that said that it was time for him to commit to Christ. But like most people it was a part of him that wonted to live for God and then a part that did not. See two of his brothers that became Christians were called to the missionaries’ field. One of his brothers lived in African with no electricity or running water. But one thing that he realize in order to do the calling of God you must be open. God cannot use someone that is not open to what
Building a New Worldview: How to Restore the Meaning of Christianity
I have been a Christian since I was a little girl, and I have always claimed myself as a follower of Christ. However, the first gateway lesson was like a slap in my face. I was living in a religious bubble and it is this kind of bubble where you feel safe and comfortable. Despite the fact that I’ve been raised in a Christian environment, I realized that growing in a surrounding like this does not assure that you have a real relationship
Everybody is born to be a leader, but special qualities and training are needed to become a Christian leader. Several decades ago, researchers started trying to answer the question which has been lingering for centuries on whether Leaders are born or made; the debate goes on and on. I never thought of myself to be a Christian leader. As a matter of fact, I am the person who attended church, but fades into the sea of many faces that makes up the congregation. I was at the center of my life, and there
most vigorously in the United States.
Being the most observed, it ranks at Eighty-three percent (83%) of the national religious population, says Gary Langer from ABC news. Although the Christian community reeks of dominance through their vast diversity in denominations, their large presence ironically also poses as one of the many reasons why it stands just equally as polarized and counterproductive.
By the 1830s, the Protestant denomination which I am personally familiar with, had begun a few violent
Ethics / Business Statistics Integration Paper
Zhiqin Quayle
Grand Canyon University: SYM - 506
June 24th, 2013
Introduction
The assigned readings “A Christian View of the Foundations of Statistics” and “Reflection Before Action” both talked about ethical issues Christian and non-Christian statisticians face these days. Before I get into the details of how these two articles affect me, I would like to first summarize some common ethical issues statistical consultants are facing these days
Rami Ibrahim
0641174
BADM 4370 – History of Business
Instructor: Michael Morrone
Individual Assignment
Loans with Interest in Early Christianity and Islam
February 7, 2012
When an individual thinks of religion, the first thing that comes to a believer’s mind is the nonnegotiable worship of a supreme being(s) as a source of tranquility whenever he/she is in distress. On the other hand, to a pro-secularization individual, religion only causes pricey conflicts between different cultures and