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IFMA was founded in 1980 by a group of people led by David Armstrong of Michigan State University, George Graves of Texas Eastern Transmission Corp. and Charles Hitch of Manufacturer's Bank. It was originally established in Ann Arbor, Michigan as the National Facility Management Association (NFMA), a not-for-profit incorporated association. [ 5 ]
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
The association was founded in 1906 as the "Fire Marshals Association of North America," with the purpose of promoting fire safety and prevention tactics. [2] On October 9, 1911, the association, alongside the local insurance organization Western Insurance Union, [2] held the first "Fire Prevention Week" to commemorate the memory of the Great Chicago Fire forty years prior.
According to the IFMA: "FM is the practice of coordinating the physical workplace with the people and work of the organization. It integrates the principles of business administration, architecture, and the behavioral and engineering sciences." [9] In a 2017 global job task analysis, [10] IFMA identified eleven competencies of facility ...
The function of developing and implementing business ethics in an organization is difficult. Due to each organization's culture and atmosphere being different, there is no clear or specific way to implement a code of ethics in an existing business. Business ethics implementation can be categorized into two groups; formal and informal measures.
Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the reduction of directly-employed staff.
Principlism is an applied ethics approach to the examination of moral dilemmas centering the application of certain ethical principles. This approach to ethical decision-making has been prevalently adopted in various professional fields, largely because it sidesteps complex debates in moral philosophy at the theoretical level.
A merchant account is a type of bank account that allows a seller, known as the merchant, to accept payments by debit or credit cards.A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions.