Business ethics will never tell you exactly what to do in all decisions. The study of business ethics is designed to help you understand the importance of your decisions, inform you of impacts, describe the ethical decision-making process, and help you recognize ethical issues, but it will not tell you what to do. It will simply give you the tools necessary to make a decision.
The reasons why producers choose to specialize are:
- to gain a comparative advantage
- to increase efficiency.
<h3>What is specialization?</h3>
Specialization is when a producer concentrates on the production of some particular goods and services.
Advantages of specialisation
- It increases economies of scale
- It increases the efficiency of the producer
To learn more about comparative advantage, please check: brainly.com/question/25139916
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Answer:
The brand that is the exception is Nike
Explanation:
Nike marketing strategy is a very brilliant strategy in the sense that they uses psychographic segmentation approach to make its brand more attractive to the target customers. They're socially- conscious of what the customer want. Nike uses separate strategy to aim their immediate users, athletes and all sportsmen which enables them to cap the market potential of the different segments. They already possess structures to enabled them survive in changing market.
The answer for the blank part of the statement is human resource management.
Human resource management is <u>a field that is concerned with management of employees in an organization so that they can contribute to a company’s competitive advantage. </u>
Thus, conducting a job analysis to ensure that the job description and task list is under the right job position is a challenge that a professional in this field would be tackling.
Answer:
They should continue production to finished bookcases.
Explanation:
Giving the following information:
Pine Street Inc. makes unfinished bookcases that it sells for $62. Production costs are $36 variable and $10 fixed. Because it has unused capacity, Pine Street is considering finishing the bookcases and selling them for $70. Variable finishing costs are expected to be $6 per unit with no increase in fixed costs.
Unfinished bookcases profit= 62 - 36 - 10= $16
Finished bookcases profit= 70 - 46 - 6= $18
They should continue production to finished bookcases.
