What Are the Basic Types of 3PL Firms, and Which

question 2

Essay

What are the basic types of 3PL firms, and which are most prevalent?

Identify and differentiate between major ethical theories including utilitarianism, deontology, virtue ethics, ethical relativism, and ethics of care.

Understand the application of ethical theories to business decisions and dilemmas.

Recognize the implications of the Sarbanes-Oxley Act on business ethics and practices.

Analyze the moral and ethical considerations involved in employer-employee relationships and business decisions.

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Definitions:

Book Income

The income reported by a business according to accounting principles, before taxation.

Permanent Difference

A discrepancy between the book income and taxable income that is not temporary and will not reverse in the future, affecting the company's tax and financial reporting differently.

Book Income

The income reported by a company in its financial statements according to the applicable accounting rules, which may differ from taxable income.

Taxable Income

The amount of income that is subject to income tax after deductions and exemptions.