Read the article "Communicating about remuneration" by Mark Bussin and Daniela Christos and then answer the questions that follow. Your answer should reflect that you are familiar with the content of the article and your answer should be written in your own words. The article was published in HR Future in January 2021. You can access the article in the following way: Click on Sabinet. Sign in with your SBS email account and password. Insert the title of article. Download the article. 1.1 Why is it better to use paper-based communication instead of online communication for sharing information about remuneration? 1.2 What may be seen as negative results when organisations revert to paper-based communication? 1.3 Why is multi-way communication more effective than either online or paper-based communication? 1.4 Which strategies can be used to ensure that employees with different skills understand communication about remuneration? 1.5 Explain why private tutoring is more successful than group tutoring. 1.6 In which way can leadership contribute to positive communication experiences?

Answers

Answer 1

It is recommended to use paper-based communication rather than online communication for remuneration information sharing because it is much safer. Organizations that switch to paper-based communication might face negative consequences, including delays in communication, and additional costs.

According to the article, cybercrime is a significant issue with online communication. As a result, it is better to use paper-based communication, which is safer, more secure and reduces the chance of fraud. This is particularly essential when dealing with remuneration information, as this can lead to a significant loss.
There are several potential negative outcomes associated with using paper-based communication, including delays in communication, additional costs, and difficulties in tracking employees' acceptance of remuneration agreements. In addition, paper-based communication can result in additional expenses due to printing and distributing costs. It is also more challenging to track who has and has not received the information with paper-based communication, which can lead to difficulties in tracking the acceptance of remuneration agreements.
Multi-way communication is the most effective method for communicating about remuneration. This type of communication offers several advantages over other methods, including improved collaboration, better feedback loops, and a greater sense of inclusivity. It allows all parties to share their thoughts, opinions, and feedback on the information presented, resulting in a more comprehensive understanding of the topic.
Using plain language is one strategy for ensuring that all employees can understand communication about remuneration. This means that the language used in remuneration communication should be straightforward and easy to understand. The use of visual aids such as diagrams, tables, and graphs is another strategy for ensuring that employees with different skills understand communication about remuneration.
Private tutoring is more effective than group tutoring because the tutor can focus exclusively on the student's needs and skills. In contrast, group tutoring is more general and less personal. As a result, it is more efficient and effective than group tutoring.
Leadership can contribute to positive communication experiences in several ways. Firstly, by setting an example of transparency, accountability, and respect, leaders can inspire their employees to communicate effectively. Secondly, leaders should encourage open dialogue, which creates an environment where employees can share their thoughts, opinions, and feedback without fear of retribution. Finally, being transparent about remuneration processes can build trust and promote positive communication experiences.

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Related Questions


Which type of networking doesn't require a password to access

Answers

A Wi-Fi network connection with Wi-fi protected setup (WPS) for a home or a small environment doesn't require a password to access the networking system.

What is a password?

Password is a code that helps in securing the data maintained on a computer or laptop. it also helps in securing the data from any unauthorized access.

WPS is a kind of network security that enables a protected wireless network for a home or a small surrounding. It allows a faster network connection between a router and any portable wireless device.

Therefore, the Wi-Fi network with WPS security requires no password to access the network.

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Use the information below to answer the two questions that follow. A company is preparing for a monthly sales budget for January, February, and March next year. Sales are 100% on credit. Expected credit sales are as follows: January $200 February $180
March $290 Credit sales are collected in
- the month of sale: 60% - a month after sale: 30% - two months after sale: 5% - uncollectible: 5% (recognized in the month of sale)
Q. What is the total cash collection in March next year? ANS. $____
Q. If the budgeted ending balance of net Accounts Recevable on January 31 next year is $85, what would be the budgeted total cosh collection in February next year? (hint: $85 includes uncollected credit sales from December this year and January next year)
ANS. $_____

Answers

Q1. What is the total cash collection in March next year?

Answer: $234

Q2what would be the budgeted total cash collection in February next year?

Answer: $189

Explaination:

Q1. What is the total cash collection in March next year?

Calculation:
Expected Credit Sales in March: $290
Collected in the month of sale: 60% of $290 = $174
Collected a month after the sale: 30% of $290 = $87
Collected two months after sale: 5% of $290 = $14.5
Total Cash collection in March = 174+87+14.5 = $234Q2. If the budgeted ending balance of net Accounts Receivable on January 31 next year is $85,

Q2what would be the budgeted total cash collection in February next year?Answer: $189
Calculation:
Budgeted Ending Balance of net Accounts Receivable on January 31 next year is $85. It includes uncollected credit sales from December this year and January next year.
So, January credit sales that will be uncollected = 40% of $200 (60% is collected in January) + 70% of $180 (30% is collected in February) = $72
Uncollectible recognized in January = 5% of $200 (Expected Credit Sales) = $10
Net Account Receivable balance at the end of February = $85 – $72 - $10 = $3
Cash collection from January Sales in February = 60% of $200 (collected in January) + 30% of $200 (collected in February) + 5% of $200 (uncollectible recognized in January) = $125
Cash collection from February sales in February = 60% of $180 (collected in February) + 30% of $290 (collected in March) + 5% of $180 (uncollectible recognized in February) = $64.5
Total Budgeted Cash Collection in February = $125 + $64.5 = $189Therefore, the budgeted total cash collection in February next year is $189.

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Average total cost ---tells the producer how much the average of the typical unit of output costs to produce. a. true b. false

Answers

Yes this is true. Average total cost is calculated by dividing the total cost of production by the quantity of output produced. It provides information on the cost per unit of output, helping producers to make informed decisions about pricing and production levels.

This statement is accurate because the average total cost (ATC) represents the sum of all production costs divided by the quantity of output.

This gives the producer an idea of the cost per unit produced, allowing them to make informed decisions regarding production levels and pricing.

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• the inflation-adjusted deficit is always smaller than the actual deficit
True or False

Answers

The statement is false. The inflation-adjusted deficit is not always smaller than the actual deficit.

The inflation-adjusted deficit, also known as the real deficit, takes into account the effects of inflation on the deficit figure. It adjusts the nominal deficit for changes in the general price level to provide a more accurate measure of the deficit's purchasing power. In some cases, inflation can cause the inflation-adjusted deficit to be larger than the actual deficit. If prices are rising rapidly, the purchasing power of the deficit may be eroded, resulting in a larger real deficit. This occurs when the nominal deficit increases at a rate lower than the inflation rate.

Conversely, it is possible for the inflation-adjusted deficit to be smaller than the actual deficit. This situation may arise when the inflation rate is relatively low or negative, meaning that the purchasing power of the deficit increases over time. In such cases, the inflation-adjusted deficit would be smaller than the nominal deficit. Therefore, the statement that the inflation-adjusted deficit is always smaller than the actual deficit is false, as it depends on the inflation rate and its interaction with the nominal deficit.

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The line on a supply curve moves in which direction?
Responses

upward and to the left

downward and to the center

upward and to the right

downward and to the left

Answers

Explanation:

The supply curve will move upward from left to right, which expresses the law of supply: As the price of a given commodity increases, the quantity supplied increases (all else being equal).

hopefully this helps you! :)

True or False. A stockbroker is always required to act in a client's best interests and is held to a fiduciary standard.

Answers

Answer: true

Explanation:

Products produced in a competitive market are
differentiated

unique

standardized and differentiated

standardized

Answers

Answer:

Standardized

Explanation:

Firms that are purely competitive provide a standardised (same or homogenous) product. Consumers will be unconcerned about whose vendor they acquire the goods from as long as the pricing is the same.

Monopolistically competitive companies make a typical profit in the long run since entrance into the market is easy. The sort of goods supplied distinguishes oligopoly from perfect competition.

How can a manager encourage an employee to get more "life out of their current work-life balance strategy
A
take a walk around the block
B.
take a nap in the office's nap room
C. ignore emails when theyre not on call
D.
add a couple extra shifts to their schedule this week

Answers

Answer:

d B)

Explanation:

Answer:

A) Take a walk around the block

... its literally the only positive response lol

Explanation:

companies that deliver saas are sometimes referred to as ____.

Answers

Companies that deliver SaaS are sometimes referred to as Software as a Service (SaaS) companies.

What is SaaS?

SaaS stands for "Software as a Service" and is a delivery model for software applications in which software is hosted by a third-party provider and made available to customers over the internet. SaaS has become a popular model for many business applications, including accounting, collaboration, customer relationship management (CRM), enterprise resource planning (ERP), human resources (HR), and many others.Companies that deliver SaaS are called SaaS companies

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Question Mode Multiple Choice Question Stephanie is a participant at an assessment center and has been asked to assume she is a customer service manager and needs to handle a call from an irate customer. Which type of exercise is Stephanie participating in

Answers

Stephanie is participating in a simulation exercise. This is a type of exercise where an individual is asked to assume a role and then act out or perform a task related to that role.

In this case, Stephanie is being asked to assume the role of a customer service manager and handle a call from an irate customer. There are different types of simulation exercises that can be used in an assessment center. Some examples include in-basket exercises, role-plays, case studies, and leaderless group discussions. Each type of exercise is designed to assess different skills and competencies such as communication, problem-solving, leadership, and teamwork. In this particular simulation exercise, Stephanie is being assessed on her ability to handle a difficult customer situation.

This requires her to demonstrate skills such as active listening, empathy, conflict resolution, and problem-solving. The simulation exercise allows the assessors to observe Stephanie's behavior in a controlled environment and provide feedback on her performance.Overall, simulation exercises are a useful tool in assessment centers as they provide a realistic and challenging scenario that allows participants to demonstrate their skills and competencies.

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Suzie pays her insurance company every month for coverage for her car. This payment is called the ___. deductible premium contribution liability

Answers

Answer:

premium

Explanation:

Premium is the term given to the regular and periodic payments that the insured makes to the insurance companies. Premiums are the payments for the insurance coverage.

Insurance coverage is a contract between the insurance company and the customer. As per the contract agreement, the company provides insurance coverage, and the customer pays premiums. In other words, Premium is the consideration for the insurance coverage.

Which term is NOT part of the four Ps of marketing?

Which term is NOT part of the four Ps of marketing?

Answers

its d bc anything else seems to be important for marketing

Answer:

D

Explanation:

its d looked it up publication was not one of them

nina is president of her class, and she has to give her principal a speech on what her class plans to do with their budget. she has planned out word for word what she is going to say. this is an example of a(n) .

Answers

Nina is president of her class, and she has to give her principal a speech on what her class plans to do with their budget. She has planned out word for word what she is going to say. This is an example of a manuscript speech.

A manuscript speech is a pre-written speech that the speaker reads from a paper. It is used when precision, timing, and accuracy are crucial, for instance, when the speaker wants to communicate a technical and complex subject.

The following are the defining characteristics of a manuscript speech: It is scripted word-for-word. It is composed of complete sentences and paragraphs.

It is formal in tone and style. It is ideal for speeches with complex content, such as legal or scientific talks.It requires a lot of practice to be delivered effectively.

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which of the following factors will hinder the integration of expatriate staff with local staff?

Answers

Answer is: headquarters mentality

Have a nice day :)

Weller Industries is a decentralized organization with six divisions. The company’s Electrical Division produces a variety of electrical items, including an X52 electrical fitting. The Electrical Division (which is operating at capacity) sells this fitting to its regular customers for $9.60 each; the fitting has a variable manufacturing cost of $5.11.

The company’s Brake Division has asked the Electrical Division to supply it with a large quantity of X52 fittings for only $7.60 each. The Brake Division, which is operating at 50% of capacity, will put the fitting into a brake unit that it will produce and sell to a large commercial airline manufacturer. The cost of the brake unit being built by the Brake Division follows:

Purchased parts (from outside vendors) $ 24.60
Electrical fitting X52 7.60
Other variable costs 14.87
Fixed overhead and administration 8.90
Total cost per brake unit $ 55.97

Although the $7.60 price for the X52 fitting represents a substantial discount from the regular $9.60 price, the manager of the Brake Division believes the price concession is necessary if his division is to get the contract for the airplane brake units. He has heard "through the grapevine" that the airplane manufacturer plans to reject his bid if it is more than $57 per brake unit. Thus, if the Brake Division is forced to pay the regular $9.60 price for the X52 fitting, it will either not get the contract or it will suffer a substantial loss at a time when it is already operating at only 50% of capacity. The manager of the Brake Division argues that the price concession is imperative to the well-being of both his division and the company as a whole.

Weller Industries uses return on investment (ROI) to measure divisional performance.

Required:

1. Assume that you are the manager of the Electrical Division.
a. What is the lowest acceptable transfer price for the Electrical Division?
b. Would you supply the X52 fitting to the Brake Division for $7.60 each as requested?
2. Assuming the airplane brakes can be sold for $57, what is the financial advantage (disadvantage) for the company as a whole (on a per unit basis) if the Electrical Division supplies fittings to the Brake Division?
3. In principle, within what range would the transfer price lie?

Answers

1a. The lowest acceptable transfer price for the Electrical Division would be the variable manufacturing cost of the X52 fitting, which is $5.11.

1b. As the manager of the Electrical Division, I would not supply the X52 fitting to the Brake Division for $7.60 each.

2. Supplying the fittings to the Brake Division would result in a financial advantage of $1.03 per brake unit for the company as a whole.

3. In principle, the transfer price should lie within the range of the variable manufacturing cost of the X52 fitting ($5.11) to the regular selling price to external customers ($9.60).

1a. The lowest acceptable transfer price for the Electrical Division would be the variable manufacturing cost of the X52 fitting, which is $5.11. This price ensures that the Electrical Division covers its direct costs and maintains a positive contribution margin on each fitting sold to the Brake Division.

1b. As the manager of the Electrical Division, I would not supply the X52 fitting to the Brake Division for $7.60 each. While the Brake Division's request represents a substantial discount from the regular price, it falls below the lowest acceptable transfer price calculated in question 1a. Selling below the variable manufacturing cost would result in a negative contribution margin for the Electrical Division, leading to a loss on each unit sold. This would negatively impact the division's profitability and return on investment (ROI).

2. If the X52 fittings are supplied to the Brake Division and the airplane brakes can be sold for $57 each, the financial advantage for the company as a whole would be the contribution margin per brake unit. The contribution margin per brake unit can be calculated as follows:

Contribution margin per brake unit = Sales price per brake unit - Total cost per brake unit

Contribution margin per brake unit = $57 - $55.97 = $1.03

Therefore, supplying the fittings to the Brake Division would result in a financial advantage of $1.03 per brake unit for the company as a whole.

3. In principle, the transfer price should lie within the range of the variable manufacturing cost of the X52 fitting ($5.11) to the regular selling price to external customers ($9.60).

This range takes into consideration the cost incurred by the Electrical Division to produce the fitting and ensures that the division remains profitable and achieves an acceptable ROI.

Additionally, the transfer price should be set in a way that provides a fair allocation of costs and promotes the overall financial performance of the company as a whole.

Factors such as market conditions, divisional capacities, and strategic considerations may also influence the determination of the transfer price within this range.

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Choose the statement below that correctly explains a general journal. Multiple choice question. A journal is a record of all of the accounts that exist in a business and includes their identifying account number. A journal is a list of accounts and their balances at any given moment. A journal is a record keeping device that is used to monitor customer account balances. A journal is a complete record of each transaction in one place and includes the debit and credit of each transaction.

Answers

Based on the uses of a general journal, the best explanation of it is A journal is a complete record of each transaction in one place and includes the debit and credit of each transaction.

What is a general journal?

A general journal in a business allows for all the account balances to be recorded in one journal.

This means that it is a complete record of all the transactions that a business has been involved in which includes all the debits and credits associated with those transactions.

In conclusion, option D is correct.

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how should salespeople react when buyers voice their concerns or questions? (check all that apply.)

Answers

When buyers voice their concerns or questions, salespeople should:

1. Actively listen: Pay attention to the buyer's concerns and make sure to fully understand their issues before responding.
2. Be empathetic: Put yourself in the buyer's shoes and acknowledge their concerns genuinely.
3. Address the concern: Provide accurate and relevant information to address the buyer's questions or concerns, without providing unnecessary details.
4. Offer solutions: Suggest appropriate solutions or alternatives that can resolve the buyer's concerns or meet their needs.
5. Be professional and friendly: Maintain a positive and courteous demeanor throughout the conversation to foster a good relationship with the buyer.

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Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco . raise the price to reflect their true costs d. restrict sales to government-owned stores

Answers

Answer:

c

Explanation:

A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes

Examples of publicity

Answers

Some examples of publicity include:

Press ReleaseMedia InterviewsSocial Media CampaignsInfluencer Partnerships

What are some examples of publicity ?

Publicity refers to the act of promoting or creating awareness of a person, product, event, or organization through various means of communication.

Issuing a press release to media outlets to announce a new product, event, or milestone achieved by an organization. Participating in interviews with journalists, either through print, television, or radio, to share information about a company or its offerings.

Creating and sharing engaging content on social media platforms to generate buzz and attract attention from a wider audience. Collaborating with influential individuals or social media personalities who can endorse or promote a product or brand to their large following.

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1: Describe Shelf-Registration and why firms do this.
2: Compare/Contrast
i. common stock
ii. Exchange Traded Funds (ETFs)
iii. Mutual Funds
iv. Index Funds
3: Describe Sarbanes-Oxley including information on its origin, components, and costs.

Answers

Shelf registration is a type of regulation that enables companies to file a single registration statement with the SEC and to sell multiple securities, such as bonds, preferred stock, common stock, warrants, rights, or units, periodically, in one or more offerings, at any time within three years of the initial registration.

1. Describe Shelf-Registration and why firms do this.Shelf registration is a type of regulation that enables companies to file a single registration statement with the SEC and to sell multiple securities, such as bonds, preferred stock, common stock, warrants, rights, or units, periodically, in one or more offerings, at any time within three years of the initial registration. Shelf registration expedites the public offering process and eliminates the need for time-consuming reviews. Firms take advantage of this regulation because they are ready to raise funds but do not want to incur the cost and delay of having to file for the SEC's approval each time.

2. Compare/Contrasti. Common stock is the most common type of stock issued by public firms. This type of stock represents a share of ownership in the corporation, and holders of common stock have the right to vote on corporate decisions and to receive dividends. ETFs and mutual funds, on the other hand, are pools of money from various investors that are used to buy a diverse range of investments, including stocks, bonds, commodities, and currencies. ETFs are traded on exchanges and can be purchased and sold like individual stocks, while mutual funds are bought and sold at their NAV and trade once a day. Mutual funds also provide liquidity to investors, and investors can only purchase and sell their shares after the markets close. ETFs usually have lower management fees than mutual funds.

ii. ETFs are a type of investment fund that holds a basket of assets, such as stocks, bonds, or commodities, and trades on an exchange. The primary difference between ETFs and mutual funds is that ETFs can be traded throughout the day, while mutual funds trade only at the end of the day.

iii. A mutual fund pools money from multiple investors and uses the proceeds to buy a diversified portfolio of assets, such as stocks, bonds, and other securities. The returns are distributed to investors in proportion to the number of units they hold. Mutual funds are a relatively low-cost way for individual investors to get exposure to a wide variety of assets, while ETFs provide more flexibility in trading. iv. Index funds are a type of mutual fund or ETF that tracks a particular stock index, such as the S&P 500, and aims to replicate its performance. They are a passive investment vehicle that aims to match the performance of the underlying index. ETFs and mutual funds can be index funds, but not all index funds are ETFs or mutual funds.

3. Describe Sarbanes-Oxley including information on its origin, components, and costs.The Sarbanes-Oxley Act, which was enacted in 2002, is a federal law that seeks to increase transparency and accountability in corporate governance. It was named after its two primary sponsors, Senator Paul Sarbanes and Representative Michael Oxley, and was a response to accounting scandals that occurred in the early 2000s, including the collapse of Enron and WorldCom. The law's provisions include:

i. The creation of the Public Company Accounting Oversight Board (PCAOB), a non-profit organization that regulates auditors of public companies.

ii. Strengthened penalties for securities fraud and white-collar crime.

iii. Increased transparency and disclosures for public companies.

iv. The CEO and CFO must certify financial statements and must be held accountable for any misstatements or fraud that they knew or should have known occurred.

v. The Sarbanes-Oxley Act has both direct and indirect costs for public companies. These costs include the cost of implementing and complying with the law, legal fees, and the cost of accounting and auditing services.

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What are taco meat made out of my mom won’t tell me?

Answers

Answer:

beef

Explanation:

it depends on what type of taco meat but it's mostly beef

The coordination of promotion and other marketing efforts for maximum informational and persuasive impact defines Group of answer choices tactile communication. integrated marketing communications. proxemic communication. communication. kinesic communication.

Answers

The coordination of promotion  for maximum informational and persuasive impact defines: Integrated marketing communications.

What is Integrated marketing communications?

Integrated marketing communications can be defined as the way in which brands or product  promotional activities are effectively managed and coordinated.

This promotional activities includes:

Sales promotionBrands promotionMedia advertisementDirect marketing etc

Therefore the coordination of promotion  for maximum informational and persuasive impact defines: Integrated marketing communications.

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You have been recently hired as a financial consultant by Independent Investment
Partners, a well-known wealth management firm with offices in all 50 states. Your first
assignment is to advice a client, Maureen Smith, who is considering whether to accept an
early retirement package offered by her firm. Ms. Smith currently earns a $70,000 and
she is 50 years old. She is good health and expects that she could work for another 25
years before retirement. If she rejects the early retirement offer and continues to work for
her company, her annual salary could increase at the rate of 3.5% per year. She wants you
to advise her whether she should accept the early retirement offer or not. Your firm could
guarantee her a rate of return of 10% annually on her investment.
How much could Maureen withdraw in equal amount over the next 25 years (i.e. to her
90th birthday) from her savings? SHOW WORK

Answers

Maureen Smith could withdraw $51,694.59 in equal amount over the next 25 years from her savings. 

To calculate the amount of money that Maureen Smith can withdraw in equal amounts over the next 25 years, we will use the annuity formula which is:Future value of an annuity (FVA) = C × [(1 + r)n - 1]/r Where, C = Cash flow (Amount withdrawn each year)r = Rate of return n = Number of periods FVA = Future value of an annuity At a rate of 10% annually, the rate of return is: r = 10% = 0.10We will also assume that she withdraws the same amount each year. Therefore, C =

Annual withdrawal For 25 years, the number of periods, n = 25 To calculate the amount that she could withdraw each year, we will use present value formula: PV = C × [1 - (1+r)-n]/r Where, PV = Present value of annuity at the start of the period So, we have:PV = $1,000,000 (the amount that she has) = C × [1 - (1+r)-n]/r
We will substitute the values:1000000 = C × [1 - (1+0.10)-25]/0.10C = $51,694.59

Therefore, Maureen Smith could withdraw $51,694.59 in equal amount over the next 25 years (i.e. to her 90th birthday) from her savings.

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Which of the following describes intellectual property



concepts that are too abstract to be copyrighted or trademarked in any way

things that are created in the mind and not necessarily able to be seen or touched

inventions or discoveries that have significant educational or scientific value

any kind of work or creation that was developed at a college or university

Answers

Invention or discovery that have significant educational or scientific value such as literary and artistic work

T/F: a wrongful mental state is typically required to establish criminal liability

Answers

True. A wrongful mental state is typically required to establish criminal liability. In most legal systems, a wrongful mental state, also known as mens rea, is an essential element in establishing criminal liability.

Mens rea refers to the mental state or intention of the person committing a criminal act. It involves the awareness and conscious decision to engage in conduct that is prohibited by law. Criminal liability often requires the presence of both the wrongful act, known as the actus reus, and the wrongful mental state, the mens rea. The mens rea component demonstrates that the individual had the necessary intent, knowledge, or recklessness to commit the offense. It signifies that the person not only committed the physical act but also possessed the required mental state that makes the act blameworthy. Different crimes may require different levels of mens rea, ranging from intentional and knowing conduct to negligence or even strict liability, where no wrongful mental state is necessary. Nonetheless, in general, a wrongful mental state is typically an essential factor in establishing criminal liability.

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3. Personal exposure to the market is also known as​

Answers

Know as the stock market in the usa
Financial exposure?

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Nestor company uses the periodic inventory system. Its purchases for the most recent year were $72,000, ending inventory was $18,000, and the cost of goods sold was $112,000. How much inventory was in stock at the beginning of the year?.

Answers

To find out opening inventory first deduct purchases from ending inventory, and then deduct this sum from cost of goods sold. $112,000 - ($72,000 - 18,000) = $58,000

A crucial and frequently used phrase for organisations dealing with commodities and products is inventory or stock. All products, commodities, and supplies that a business has on hand for sale are included in its inventory.

Inventory at a production plant consists of raw materials on hand, semi-finished commodities in the plant and warehouse, and finished goods that are ready for sale.

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What best describes the relationship between short and long-term goals?​

Answers

Short term goals are what you set in order to eventually achieve a long term goal; They are the little achievements you achieve in the process of the long term goal- They help keep you on track.

What is the act of gathering information relative to a company's action and the factors that affect the space in which the company operates?

Answers

The answer is Market Research .
Other Questions
Is carbon pricing, either in the form of cap-and-trade or carbontaxation, (a) able to effectively reduce carbon emissions while (b)remaining politically feasible in the context of U.S. politics?Doe a structural deficit refers to that part of the deficit that exists as a result of a downturn in economic activity. true or false Charles de gaulle, partly because of strained relations with the british, moved the headquarters of his free french forces from london to what city in 1943?. write the role of health in the activities of population environment and development. If 2.50 mol of copper and 5.50 mol of silver nitrate are available to react by single replacement, identify the limiting reactant If I could give one piece of advice to other teens struggling to balance social media with real life, Id say this social media will make you feel like youre constantly moving backwards; if you focus on real life, youll always move forward. Reading poems that engage pretty directly with political and social issues, from terrorism and war to poverty, mental illness and sexuality. Your poems should, likewise, be engaged with a political or social issue of your own choosing. Your poem, however, should be more oblique or indirect so that a reader might not immediately or necessarily be able to determine the it costs concord corporation $28 of variable costs and $14 of allocated fixed costs to produce an industrial trash can that sells for $78. a buyer in mexico offers to purchase 8800 units at $36 each. concord corporation has excess capacity and can handle the additional production. what effect will acceptance of the offer have on net income? you are given the following information concerning two stocks that make up an index. assume the value-weighted index level was 303.98 at the beginning of the year. what is the index level at the end of the year? (do not round intermediate calculations. round your answer to 2 decimal places.) How historically accurate is Gods and Generals? a tank is being filled with water using a pump that is old, and slows down as it runs. the table below gives the rate at which the pump pumps at ten-minute intervals. if the tank is initially empty, approximately how much water is in the tank after 90 minutes? I'm confused, this says the triangle shown below has an area of 50 units2 find the missing side. One side is the length witch is 11 and width is 11 and height is missing. Solve for y. 2(2y+6)=28 Why does the young officer's message cause a pall of concern and worry to fall over the tent? the officers know that their camp will be attacked next Margo spends a quarter of her paycheck on a new dress, one-eighthof her paycheck on shoes, and $24 on a birthday present. if she spent $60 altogether, how much was margos paycheck? 10 POINTS, please explain your answer ik so confused about how to get surface areas ty lol Ziggurats were the result of which cultural shift occurring in early mesopotamia?. How does the placement of the letters at the beginningof each line affect the meaning of the excerpt?O It establishes that the poem is about Alice.O It emphasizes that Alice has gone away.OIt places Alice with the group of children.O It creates a visual image of Alice. What is the definition of hydro energy Which tactics were used by big business during the late 1800s to limit the power of labor unions?