Answer:
Demonstrate a commitment to ethical decision making
Explanation:
The most important way to maintain ethical behavior at workplace for management is to demonstrate a commitment to ethical decision making. Because it is the management who can commit to demonstrate ethical decision making which will encourage the employees to behave similarly which is ethically and hence the workplace environment will become ethical.
Answer:
The answer is: Strategic alliance
Explanation:
Strategic alliance refers to an agreement between two or more companies that will work together to pursue common goals or objectives. Each company will remain independent and their collaboration is solely to achieve a specific common objective. In this case, Alpha and Microchips will continue to work independently and will work together as one only in China.
Answer: The company should not buy the new equipment
Explanation:
For the 1st case:
Revenue = Selling price × Number of units
= 1 × 30000
= $30,000
Total cost = Fixed cost + Variable cost
= 14000 + (0.5 × 30000)
= 14000 + 15000
= $29000
Profit = Revenue - Cost
= $30000 - $29000
= $1000
For the 2nd case:
Revenue = Selling price × Number of units
Revenue = Selling price × Number of units
= 1 × 50000
= $50,000
Total cost = Fixed cost + Variable cost
= 20000 + (0.6 × 50000)
= 20000 + 30000
= $50000
Profit = Revenue - Cost
= $50000 - $50000
= $0
Based on the calculation above, the company should not buy the new equipment as no profit will be made while currently a profit of $1000 is made.
Answer:
1st and 2nd options are correct.
- Its intended goal is to protect the interests of those who hold equity in the bank.
- The amount of capital required depends on the type of assets the bank holds.
Explanation:
Capital requirement for a financial institution, such as a bank is the amount of capital they need to pay off their liabilities. Every bank has a reserve ratio which is a small part of total deposits that is enforced upon banks to fulfill all the liabilities. The intended goal of capital is to protect and preserve the interest of depositors and equity holders. Similarly, the reserve ratio of bank substantially depends upon the type of assets bank holds, for liquid assets, the capital requirement is more as compared to liquid assets. Since more liquid asset means that a bank can convert them into cash instantly which is why the capital requirement is less for liquid assets.
