Conventional or Common Wisdom Says, "Back in My Day, Parents

question 58

Essay

Conventional or common wisdom says, "Back in my day, parents weren't afraid to use the belt, and kids were much better behaved.A little spanking never hurt anyone." Use sociological reasoning and evidence to challenge this statement.

---

Definitions:

Net Operating Income

This is the total profit of a company after operating expenses are subtracted from gross income but before income from investments, interest, and taxes are calculated.

Return On Investment

A measure used to evaluate the efficiency of an investment or compare the efficiency of a number of different investments.

Investment Opportunity

An investment opportunity represents a situation where an individual or organization can invest capital with the expectation of achieving a return on the invested amount.

Margin

This is the difference between the selling price of a product and its cost, expressed as a percentage of the selling price.