Answer:
Union power
Explanation:
The difference in wages is as a result of Union power because the North now belongs to a labor union that protects their interest. A labor union is an organization that plays the role of an intermediary between their members and their employers. The workers in the North through the union are able to negotiate for better wages. Through collective bargaining, the union gives workers In the North the power to request for better work pay than workers in the east, West and South facilities.
Answer:
The correct answer is option e.
Explanation:
Going to the concert will be a rational decision if the cost incurred is equal to the benefit earned.
Here, the ticket costs $50. Since the ticket is lost a new ticket is needed.
The value of time is $25.
The total cost will include both implicit as well as explicit costs.
The explicit cost is the cost of tickets. The implicit cost is the value of time.
The total cost involved is
= $50 + $50 + $25
= $125
For the decision to be rational the benefit earned should be at least equal to $125.
Answer:
Virtue ethics
Explanation:
Virtue ethics are defined as normative ethical theories which is centered around virtues of the mind, character, and a total sense of honesty.
Answer:
<em>Cost relevant or irrelevant for decision making to sell or process further</em>
a. $15,000 already incurred is not relevant because this is sunk cost. This cannot be avoided or changed.
b. $20,000 selling price is relevant for decision making because this incremental revenue is generated if goods are sold semi-finished.
c. $22,000 additional selling price is for decision making because this cost is required for further processing and shall be incurred.
d. $35,000 revenue from processing is relevant for decision making because this incremental revenue is generated if goods are after further processing.
Answer:
The correct answer is letter "A": Respect.
Explanation:
The Project Management Institute or PMI is an American non-profit organization that defines and keeps standards for project management within organizations. According to the PMI, the values for ethical project management involve responsibility, fairness, respect, and honesty. Respect implies showing high awareness for managers, others involved in the firms, and the resources provided to the executives.