do you think that concerns regarding ethics will become more or less important in business? why?
Answers
For a number of reasons, ethical issues will be more and more crucial in business. First, as industries grow increasingly globalized, companies will have to traverse a range of ethical and cultural norms. Making consistent decisions in a variety of markets can be facilitated by establishing a strong ethical foundation.
Secondly, consumer awareness about corporate social responsibility is growing. People are becoming more conscious of the impact of their purchasing decisions and prefer supporting companies that align with their values. Businesses that prioritize ethics will be better positioned to retain and attract customers.
Thirdly, a focus on ethics helps in risk management. Companies that act ethically are less likely to face legal issues, scandals, and reputational damage. By fostering a culture of ethical decision-making, businesses can proactively address potential challenges.
Lastly, ethical companies tend to have higher employee satisfaction and retention rates. Employees are more likely to be loyal and engaged when they believe their organization operates with integrity. This ultimately leads to better business performance and increased profitability.
Overall, considering the current trends and the increasing importance of social and environmental factors, concerns regarding ethics are likely to become even more significant in the business world.
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Related Questions
Have you ever purchased something based on the recommendation of a social media influencer? If so, explain what you purchased, who the influencer was, and why their recommendation mattered. If not, how have you avoided the urge to buy based on social media?
Answers
Answer:
I actually bought the benefit cosmetics roller lash mascara because of an IG influencer's high rating of the product. I don't remember exactly who the influencer was, but she was very popular. I trusted her reccomendation because of her popularity and status. I ended up disliking the mascara, and now I usually only get reccomendations from people I actually know.
Explanation:
Hope this helps!
choose the groups of performance measures typically used in the balanced scorecard approach.
Answers
The groups of performance measures typically used in the balanced scorecard approach is financial, internal company processes, learning and development and customer views are the four categories that make up the balanced scorecard strategy.
Client definition: An individual or company who orders products or services from this other company is known as a customer. Customers are significant since individuals bring in money. Organizations could end
their existence absent them.
Customer service is defined as...
Customer care is the assistance you provide to your clients to make their interactions using company simple plus exciting, both when and when they obtain and utilize your products or services. If you wish to keep clients but instead scale your business, you
must provide exceptional service.
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Wiater Company operates a small manufacturing facility. On January 1, 2015, an asset account for the company showed the following balances:Equipment $160,000Accumulated Depreciation (beginning of the year) 100,000During the first week of January 2015, the following expenditures were incurred for repairs and maintenance:Routine maintenance and repairs on the equipment $1,850The major overhaul of the equipment that improved efficiency 24,000The equipment is being depreciated on a straight-line basis over an estimated life of 15 years with a $10,000 estimated residual value. The annual accounting period ends on December 31.Required:1. Prepare the adjusting journal entry that would have been made at the end of 2014 for depreciation on the manufacturing equipment. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)1. Record the adjusting entry for depreciation expenses at year-end 2014.2. Starting at the beginning of 2015, what is the remaining estimated life?Remaining Estimated Life years3. Record the expenditure on ordinary repairs incurred.
Answers
1. No adjusting entry is required for depreciation at year-end 2014. 2. The remaining estimated life is 5 years. 3. The expenditure on ordinary repairs incurred is $1,850.
1. Adjusting entry for depreciation at year-end 2014:
Depreciation expense = (Equipment cost - Residual value) / Estimated life
Depreciation expense = ($160,000 - $10,000) / 15 years
Depreciation expense = $10,000 per year
Accumulated depreciation at year-end 2014 = Depreciation expense x Number of years
Accumulated depreciation at year-end 2014 = $10,000 x 10 years (assuming the equipment was acquired at the beginning of 2005)
Accumulated depreciation at year-end 2014 = $100,000
Therefore, no adjusting entry is required for depreciation at year-end 2014.
2. Remaining estimated life:
At the beginning of 2015, the equipment has been used for 10 years. The estimated life is 15 years, so the remaining estimated life is:
Remaining estimated life = Estimated life - Number of years used
Remaining estimated life = 15 years - 10 years
Remaining estimated life = 5 years
3.Record the expenditure on ordinary repairs incurred:
The expenditure on ordinary repairs incurred is $1,850. This is considered a revenue expenditure and is recorded as an expense in the current period.
Journal entry:
Debit: Repairs and Maintenance Expense $1,850
Credit: Cash $1,850
This entry records the expenditure on ordinary repairs incurred by Wiater Company at the beginning of 2015. The repairs and maintenance expense is recognized in the current period, as it benefits the current period only.
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The practice of combining the price of several products into one price is called
A.bundling.
B.unit packaging.
C.market mix.
D.product mix.
Answers
Answer:D.product mix.
Explanation:
what is our role in taking care of earth? *idk how to start a sentence*
Answers
Answer:
Our earth is a nice place and to keep it nice we need to do these things: and so on
Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to
exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
Answers
The correct answer is Journalism
Explanation:
Journalism is one of the careers that most require the use of communicative and research skills. This is because journalists are expected to gather information about important local, national and global events, which requires the use of research skills, and later they are expected to communicate the information precisely, concisely, and confidently, which requires the use of communicative skills. In this context, the career Sam is preparing for is journalism because this is the only one from the options that would require Sam to research and then communicate information confidently.
Answer:
D. Journalism
Explanation:
Which of the following accounts would not
use T-Accounts?
A. Shareholder's Capital
B. Cash
C. Dividends Payable
D. None of the Above
Answers
I believe the answer is c.
Explanation:
I did some research
Complete the following sentence.
A traditional cover letter's format includes an introduction, a ______ and a ______ paragraph.
Answers
Answer:
body, closing
That was easy
Explanation:
This question is related to chapter 2, LG 2-4 in the book. (a) In the U.S., interest income is taxed. Let's assume the tax rate to be 30%. Then, if you lend $100,000 to someone and get paid $100,000 plus $10,000 interest one year later (10\% interest rate), you need to pay 30%×$10,000= $3,000 to the IRS. The remaining $7,000 is your take-home interest income. Questions: i. (0.5 point) Suppose congress suddenly passed a law that increases interest income tax rate (e.g. from 30% to 50% ). What is the impact on the demand curve of lending? What is the impact on supply curve? ii. (0.5 point) Based on the supply-demand diagram (e.g., Figure 2-4 in the book), what would be the consequence of this law on the equilibrium quantity of lending and the (pre-tax) equilibrium interest rate?
Answers
If the interest income tax rate in the U.S. increases from 30% to 50%, there will be an impact on the demand and supply curves of lending.
The demand curve for lending will shift to the left, indicating a decrease in the quantity of lending demanded. The supply curve for lending will also shift to the left, indicating a decrease in the quantity of lending supplied. The consequence of this law on the equilibrium quantity of lending will be a decrease, while the (pre-tax) equilibrium interest rate will increase.
i. An increase in the interest income tax rate from 30% to 50% will affect the demand and supply curves of lending. The demand curve for lending will shift to the left because the higher tax rate reduces the net income borrowers receive, making borrowing less attractive and decreasing the quantity of lending demanded. The supply curve for lending will also shift to the left because the higher tax rate reduces the net income lenders receive, making lending less profitable and decreasing the quantity of lending supplied.
ii. Based on the supply-demand diagram, the consequence of this law on the equilibrium quantity of lending will be a decrease. The leftward shift in both the demand and supply curves will result in a reduction in the quantity of lending exchanged at the equilibrium. The (pre-tax) equilibrium interest rate will increase as a result of the decrease in lending quantity.
Note: Figure 2-4 in the book mentioned in the question should be referred to for a more detailed analysis.
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If lucinda has only $60 to spend and the price of kewpie dolls and the price of beanie babies are both $12, how many of each will lucinda buy if she is rational?
Answers
If she is rational, Lucinda will buy 5 of each artefacts which costs $12 each. See explanation below.
Who is a rational consumer?A rational consumer is an economic parlance that assumes that while making a decision, customers would always prioritize maximizing their own advantages.
When making a selection, rational consumers choose the alternative that will provide them with the maximum utility and satisfaction.
Hence, as a rational consumer, Lucinda will spend $60 to purchase 5 of each product.
Given that both dolls are $12, to max out or achieve maximum satisfaction, the entire $60 must be expended to the full.
Hence,
$60/ 12
Maximum Utility Spend = 5 of each product.
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JohnBoy Industries has a cash balance of $54,000, accounts payable of $134,000, inventory of $184,000, accounts receivable of $219,000, notes payable of $129,000, and accrued wages and taxes of $41,500. How much net working capital does the firm need to fund?
Answers
Answer:Net working capital = $152,500
Explanation:
Net working capital = CA– CL
Where CA= Current Assets = Cash + Inventory + Accounts Receivable
and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes
CA=$54, 000 + $184,000 + $ 219,000 =$457,000
Current liabilities = Account payable + Notes payable + accrued wages and taxes
CL = $134,000 + $129,000 + $41,500 = $304,500
Net working capital = Current assets – Current liabilities
Net working capital = $457,000 – $304,500= $152,500
Net working capital = $152,500
The annual inflation rate is expected to be 5 percent over the next 3 years. Juan plans to take out a 3-year loan to purchase a car. If Juan decides not to take out a loan if the real interest rate exceeds 3 percent, the highest nominal interest rate he is willing to pay is:
Answers
The highest nominal interest rate he is willing to pay is 8.15%.
The highest nominal interest rate that Juan is willing to pay can be determined using the Fisher equation. The Fisher equation postulates that the nominal interest rate is a function of the real interest rate and the inflation rate.
Fisher effect equation : ( 1 + nominal interest rate) = (1 + real interest rate) x (1 + inflation rate)
(1.03) x (1.05) = ( 1 + nominal interest rate)
( 1 + nominal interest rate) = 1.0815
Nominal interest rate = 1.0815 - 1
Nominal interest rate = 8.15%
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"tuition at state university this year is $8,000. " which function of money does this statement best illustrate?.
Answers
"State University's tuition this year is $8,000." The statement "unit of account is the function of money" best demonstrates.
Why does money serve a purpose?As a result, money has always been used as a reserve of value, an account unit and a medium of trade, despite the fact that it has existed throughout history in a variety of forms. Money that is not backed by nor represented by a physical good is known as fiat currency, which is used in modern economies.
Money fulfills three roles: it serves as a unit of account, a store of value, and a medium of exchange. an interchangeable medium. Acting as an exchange medium for transactions is the main function of money.
Who set the intentions behind the creation of money?In his renowned book Money and the Mechanism of Exchange, William Stanley Jevons described money in terms of four uses (1875). These four roles are: a medium of exchange, a standard of value (or standard of deferred payment), a standard of value (or unit of account), and a store of value.
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Key resources describes the most important actions a company must take to operate successfully.a. trueb. false
Answers
Key resources can be physical, financial, intellectual, or personal. Significant resources might be owned or leased by the company or acquired from key partners.
The essential resources building block defines the most critical assets required to make a company model succeed. These resources enable a company to develop value propositions, enter markets, sustain customer relationships, and generate income. Human resources, financial resources, physical resources, and intellectual resources are all examples of Key Resources. Production. These activities are related to creating, manufacturing, and delivering a product in large quantities and/or of excellent quality. This type's key activities revolve around developing novel solutions to unique customer challenges.
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In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is __________ amongst that audience.
Answers
In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is relevant and engaging to them.
By analyzing their demographics, interests, and online behaviors, you can identify the social media platforms or channels that align with their preferences. This ensures that your ads are seen by the right people, in the right context, maximizing their relevance and impact.
Additionally, staying attuned to trending topics, popular hashtags, and viral content within your target audience's online communities allows you to tap into what is currently captivating their attention.
By combining audience insights with relevant content, you can create compelling ad campaigns that drive engagement, increase brand visibility, and ultimately yield positive results.
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Pete would like to respond only to users within his organization with an automatic reply. He is configuring the automatic response. Which option should he select?
answer b
Answers
Answer: B: Inside my organization tab
Explanation: edge 2021 unit review
rodrigo is a chemical engineer at blue ox chemicals. he is the only hispanic employee in his department. he is terminated after 10 months on the job based on poor performance. according to his supervisor, rodrigo continued to be the least productive employee in the department is spite of frequent feedback and training given to him. rodrigo believes he has a good claim for discrimination because he was the only hispanic in the department.
Answers
hispanic employee in his department. he is terminated after 10 months on the job based on poor performance. according to his supervisor, rodrigo continued to be the least productive employee in the department is spite of frequent feedback and training given to him. rodrigo believes he has a good claim for discrimination because he was the only hispanic in the department.
Think about the sample you just read. Sort the details depending on whether they are suitable for a younger or older
audience.
defining "litter"
energy-saving goods to buy
statistics about pollution
start an environment club
scientific experts' views
fuel-efficient car facts
how to recycle
Details for a Younger Audience
interviews with kids
Details for an Older Audience
Answers
Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.
Why is it vital to consider the target audience's age?You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.
What are the four most important methods for determining a target audience?When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.
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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”
Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.
Explanation: I took it on edge 2023
focusing on the symptoms, not causes, is a common mistake in which step of the decision-making process? step 4 step 1 step 3 step 5
Answers
focusing on the symptoms, not causes, step 1 is a common mistake in which step of the decision-making process.
Decision-making in psychology is seen as the cognitive process that leads to the choice of a belief or a plan of action from a variety of viable alternatives. It could be both logical and illogical. A decision-values, maker's preferences, and beliefs are used as a foundation for their reasoning process. The outcome of any decision-making process is a final conclusion, which may or may not lead to action.
Research on issue solving, notably in European psychology research, is frequently published along with research on decision-making. It is possible to think of decision-making as a problem-solving process that results in an ideal, or at the very least, acceptable, answer. So it is a process that might be more or less reasonable or irrational and can be founded on overt or covert facts and ideas.
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Which correctly lists the titles for this Venn diagram?
Title 1 should be Logistics and Inventory Control Pathway and Title 2 should be Maintenance, Installation, and
Repair Pathway.
O Title 1 should be Maintenance, Installation, and Repair Pathway and Title 2 should be Logistics and Inventory
Control Pathway.
Title 1 should be Quality Assurance Pathway and Title 2 should be Production Pathway.
Title 1 should be Production Pathway and Title 2 should be Quality Assurance Pathway.
Answers
The correct title for the Venn diagram should be
Title 1 should be Production Pathway and Title 2 should be Quality Assurance Pathway.What is a production pathway?This is the pathway that has to show all the process of manufacturing and assembling the products.
What is the quality assurance pathway?This has to do with the inclusion of the workers that would help to ensure that quality standards are followed and the products meets their performance requirements.
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Answer:
D
Explanation:
The keys to the _____ approach are redesign of the product and redistribution of production resources so that the products can be easily configured close to the source of demand.
Answers
The keys to the postponeable product approach are redesign of the product and redistribution of production resources so that the products can be easily configured close to the source of demand.
What is a product approach?A product approach entails concentrating on the finished good. The idea first surfaced in education and writing, and managers and marketers gradually embraced it. A product approach in marketing refers to a company's focus on its output rather than on the demands, needs, and values of its customers.
The capacity to identify key assumptions and restrictions is a key benefit of product-based planning. For instance, the floor underlying the floor you are contracted to provide will be a required product if your project involves adding another level on top of an existing structure.
a product strategy. This is a standard method where pupils are urged to copy a model text that is typically presented and examined early on.
Thus, postponeable product approach.
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Niche marketing offers smaller companies an opportunity to compete by focusing their limited resources on serving niches that may be unimportant to or overlooked by larger companies. group of answer choices true false
Answers
Niche marketing offers smaller companies an opportunity to compete by focusing their limited resources on serving niches that may be unimportant to or overlooked by larger companies- True.
By concentrating their limited resources on markets that bigger corporations would find insignificant or neglect, niche marketing gives smaller businesses a chance to compete.
A highly targeted kind of advertising is niche marketing.
With niche marketing, companies target a narrow, well-defined clientele with the promotion of their goods and services. In order to assist a community that is underserved and gain the benefits of brand loyalty, several organisations use this method.
Companies must first comprehend their specialty in order to engage in specialised marketing. Subsets of bigger markets that fit the concept of a "niche market" have their own particular tastes and demands. For instance, the "makeup" industry is large, but it also includes cosmetics for skin problems, makeup for professionals, and so on.
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When the survey results come back employees indicated that the lighting in the building was too low. They are 50 lights in the building. It will cost $50 to replace the light. The new lights are LED lights that are brighter and more efficient and last 10 years. It can save the company $350 per year in energy cost, plus make a brighter more productive work space making employees happier. How many years will it take for the new lights to pay for themselves? (round to the nearest year)
Answers
Answer: 7 years
Explanation:
There are 50 lights and it will cost $50 to replace each light.
Total replacement cost is therefore;
= $2,500
The company gets to save $350 per year if they use LED bulbs.
= 2,500/350
= 7.14 years
= 7 years
The number of years for the new lights to pay for themselves is 7 years.
The calculation is as follows:
There are 50 lights and it will cost $50 to replace each light.
Total replacement cost is
= $2,500
Now
The company gets to save $350 per year if they use LED bulbs.
= 2,500 ÷ 350
= 7.14 years
= 7 years
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List five steps of the budget process
Answers
Answer:
1)The President submits a budget request to Congress
2)The House and Senate pass budget resolutions
3)House and Senate Appropriations subcommittees "markup" appropriations bills
4)The House and Senate vote on appropriations bills and reconcile differences
5)The President signs each appropriations bill and the budget becomes law
Explanation:
I put the five federal budget process steps. Hope this helps :)
What is viability factors researches the demand for products or services?
Answers
Answer:
Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.
Explanation:
The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.
Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?
Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?
Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?
Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.
A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the first coupon. Specifically, the fraction of the 6-month period that has already elapsed is 0.80. Calculate the dirty price of this bond.
Answers
A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%, is mathematically given as
DP=95.696. Option D is correct
What is the dirty price of this bond?Generally, dirty price is simply defined as It's important to note that a "dirty price" is simply a bond pricing quotation that takes into account both the coupon rate and any interest that has already accumulated on the bond.
In conclusion, Dirty price
DP = (Clean price + interest Accrued)
Therefore
DP=0.80*(4%*100/2)+2*(1-(1+4%)^(-3.20))/(4%)+100/(1+4%)^(3.20)
DP=95.696
CQ
A4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the first coupon. Specifically, the fraction of the 6-month period that has already elapsed is 0.80.
Calculate the dirty price of this bond.
O 81.370
85.216
93.471
o 95.696
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The aim of the human relations approach to management was Group of answer choices emphasizing economical operations, adequate staffing, maintenance of inventories to meet consumer demand, and organizational control. eliminating the variability that results when managers in the same organization have different skills, experiences, and goals. applying scientific methods to analyze work and to determine how to complete production tasks efficiently. emphasizing the perspective of senior managers within the organization. understanding how psychological and social processes interact with the work situation to influence performance.
Answers
The aim of the human relations approach to management was
understanding how psychological and social processes interact with the work situation to influence performanceWhat is human relations?This can be described to mean the relationship that exists between the people that are in the organization.
It explains how these people interact and work together to enhance performance in the work place.
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Which of the following would not be considered a consumer perception factor that good sport marketers work to control?a) scarcity of ticketsb) venue cleanlinessc) team success and winning percentaged) fan exposure to violence
Answers
Examples of sports marketing strategies include: ticket scarcity; venue cleanliness; and exposure to violence. Possible reasons why people would buy sports.
What does marketing mean in reality?
The process of generating, conveying, delivering, and trading offerings that are beneficial to customers, clients, partners, and society at large as a whole is known as marketing.
The basic goal of marketing is to attract consumers and pique their interest in a company's goods or services. This is accomplished by market research, analysis, and by taking into account the preferences of a business' ideal clients and luring them in with messaging that would be instructive and beneficial to the target audience.
Customer after-sales assistance is a crucial component of marketing management since it helps businesses retain clients, foster brand loyalty, and improve their reputation.
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A step taken so that a reasonable person could assume that a business took appropriate safety measures is called ___________
Answers
Answer: Risk assessment
Explanation: This is known as risk assessment, the overall process of identifying all the risks to and from any activity and assessing the potential impact of each risk. This is achieved by assessing the likelihood that each risk will occur, and then combining the result according to an agreed rule to give a single measure of potential impact.
To have a thought about what aspect of a business, might cause harm and decide whether you are taking reasonable steps to prevent that harm is known as a risk assessment.
Which of these credit card features would be best for customers who think they might need to use their credit card to borrow money?
A. low fees for balance transfers
B. an annual fee that can be waived
C. a long grace period
D. no fees for cash advances
Answers
B. doesn’t make sense for the question
C. If you can have the “no fee” option (answer D), why would you choose a grace period for fees or charges? How about, no fee at all!
Answer:
D
Explanation:
took the test