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Gerald Andrews Emison | American Pragmatism as a Guide for Professional

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Gerald Andrews Emison | American Pragmatism as a Guide for Professional Ethical Conduct for Engineers
Emison argues that the field of engineering is unique in that the rapid advance of technology makes it difficult to rely on a rigid model of professional ethics. Rather, an adaptive and flexible engineering ethics is required, one that will respond to changes in the social, economic, and research worlds. Pragmatism offers an exemplary template for guiding ethical choice in engineering based on the social context of particular circumstances.
-Pragmatism stresses that actual society-based circumstances should always inform


Definitions:

Mixed Cost

Expenses that have both fixed and variable components, changing partially in response to an alteration in business activity level.

High-low Method

A method applied within cost accounting that helps in determining fixed and variable expenses by examining the highest and lowest activity levels.

Least-squares Regression

A statistical method used to determine the line of best fit by minimizing the sum of the squares of the differences between observed values and the values predicted by the model.

Cost Formula

A formula designed to estimate expenses across various activity ranges, including both fixed and variable cost elements.

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