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Tcecarenko [31]
3 years ago
10

"we are busy producing and marketing profitable products for society to enjoy! now you want us to provide legal services, day-ca

re centers, and counseling for aids victims and alcohol and drug abusers. if we do all these things, what role will the government, church, and family play?" exclaimed the vice president of milam corporation. this manager's comments reveal what concept?
Business
1 answer:
Dovator [93]3 years ago
4 0

The answer is<u> "The economic model of social responsibility".</u>


The economic model of social responsibility holds that society will profit most when business is allowed to sit unbothered to deliver and advertise beneficial items that society needs. Whereas the socioeconomic model of social responsibility places emphasis on benefits as well as on the effect of business choices on society.

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You have an investment account that started with ​$3 comma 000 10 years ago and which now has grown to ​$6 comma 000. a. What an
zloy xaker [14]

Answer:

The correct answer for option (a) is 7.17% and for option (b) is $48,546.69.

Explanation:

According to the scenario, the given data are as follows:

(a) Present value = $3,000

Future value = $6,000

Time period = 10 years

So, we can calculate the annual rate of return by using following formula:

Rate of return = (( FV ÷ PV)^1/t  -1)

= (( $6,000 ÷ $3,000)^1/10 -1)

= (2)^0.1 - 1

= 1.07177346254 - 1

= .07177 or 7.17%

(b) Present value = $12,000

Rate of interest (r) = 15%

Time period = 10 year

So, we can calculate the Future value by using following formula:

FV = PV × ( 1+r)^t

= $12,000 × ( 1 + 15%)^10

= $12,000 × 4.04555773571

= $48,546.69

8 0
3 years ago
For​ 2018, Rest-Well Bedding uses​ machine-hours as the only overhead​ cost-allocation base. The direct cost rate is​ $6.00 per
maria [59]

Answer:

Predetermined manufacturing overhead rate= $6.875 per machine-hour

Explanation:

Giving the following information:

The estimated manufacturing overhead costs are​ $275,000 and an estimated​ 40,000 machine hours.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 275,000/40,000

Predetermined manufacturing overhead rate= $6.875 per machine-hour

3 0
2 years ago
An unregistered hedge fund creates a website and uses it to promote itself to investors. Potential investors are invited to ente
ANEK [815]

Answer:

Here the correct statement is B) .

Explanation:

SEC ( securities exchange commission ) allows these types of private placement to be made as per the Regulation D , through the website but it is important to note that these placements can be only made to accredited investors ( these are wealthy or high net worth individuals ) and these investors would have to fill and sign the questionnaire given to them before they can enter in to password protected area.

8 0
3 years ago
Preparing a Cost of Goods Sold Budget Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct mater
Marta_Voda [28]

Answer:

Cost of goods sold = $960,839

Explanation:

Preparing cost of goods sold budget:

Number of units to be sold = 20,000 - 675 = 19,325

As for the information provided:

Direct Materials = $14 \times 19,325 = $270,550

Direct Labor hours = 1.9 \times 19,325 = 36,717.5

Direct Labor Cost = $16 \times 36,717.5 = $587,480

Variable overhead = $1.20 \times 36,717.5 = $44,061

Fixed overhead  = $1.60 \times 36,717.50 = $58,748

Therefore, cost of goods sold = $960,839.

6 0
3 years ago
After achieving a result, good managers invest time in reflecting on what went well and what could have gone better. They consid
BartSMP [9]

Answer: d. After each semester, you asked your adviser to review your progress to ensure you remained on track for your anticipated graduation date

Explanation:

Efficiency is measurable and has to do with the ability to achieve a goal or get a result that's desired and avoid wastage of efforts or resources.

With regards to the explanation above, the statement that relate specifically to your efficiency is asking the level adviser to review ones progress in order to show that one is on track.

This shows that the person wants to achieve the goal of graduation and is putting all of his efforts towards that.

3 0
2 years ago
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