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finlep [7]
3 years ago
5

While ethical dilemmas sometimes have no clear cut right or wrong answer, the study of business ethics has generated certain sch

ools of thought or ethical theories, many of which provide ______ in decision making.
Business
1 answer:
Anon25 [30]3 years ago
7 0

Answer:

guidelines

Explanation:

Based on the information provided within the question it can be said that these ethical theories help create and provide guidelines for the decision making process. These guidelines are a set of rules that must be followed in a specific order when doing something, which in this case is making a decision. These guidelines help standardize the process and help provide the best possible outcome.

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As a manager, you are being charged with reducing cost in a satellite laboratory; the physical environment of the workplace is a
hichkok12 [17]

As a manager, you are being charged with reducing cost in a satellite laboratory; the physical environment of the workplace is a component of in Planning this case.

<h3>What is the planning in management?</h3>

Planning in management is about what steps you need to take to reach the goal, what changes and hurdles to anticipate, and how to utilise human resources and opportunities to reach the expected outcome.

<h3>Why is planning is important?</h3>

Planning helps us see in advance those things that can help us achieve our goal and those things that can prevent us from achieving our goal and work out what to do about them. Planning helps us to be accountable for what we do.

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5 0
2 years ago
Cobe Company has already manufactured 23,000 units of Product A at a cost of $15 per unit. The 23,000 units can be sold at this
alexandr1967 [171]

Answer:

The 23,000 units of Product A shall be processed further for Product B and Product C

Explanation:

In the given case we will do an analysis of Profit.

Without further processing:

Sales = $480,000

Cost = 23,000 \times $15 = $345,000

Profit = $135,000

In case of further processing

Sales = Product B + Product C

= 5,000 \times $107 + 11,300 \times $53

= $535,000 + $598,900 = $1,133,900

Cost = $345,000 + $290,000 = $635,000

Profit = $498,900

Since the profit in case of further processing is more than without processing further by $500,000 (635,000 - 135,000), thus Product B and Product C should be sold more than Product A.

5 0
4 years ago
"how can marketers utilize digital media to improve business?"
galina1969 [7]
<span>Marketers utilize digital media to improve business by (1) appealing to the millenial age of connecting in different social media sites (twitter, facebook, instagram, etc.); (2) active emailing and connecting to more formal platforms such as websites. Thru this, business is more spread to the community.</span>
4 0
4 years ago
The market price in a perfectly competitive market is $11, and 1,250 units are bought and sold. Assume the market becomes monopo
UNO [17]

When the price of a commodity is $11, where 1250 units are being bought and sold in a perfectly competitive market, the market price of the commodity will increase from its original price if the market is monopolized.

<h3>What is a perfectly competitive market?</h3>

In a market where there are less to zero restrictions for entry and exit of buyers and sellers in the market dealing in similar commodities, then such a market is known as a perfectly competitive market.

There is no pricing power in the hands of the buyers and sellers in the market, as there is no minimum or maximum limit on the number of sellers in the market, so the supply is not restricted in such a market.

Hence, it can be concluded that market prices are stable in a perfectly competitive market, and it generally increases in a monopolistic market.

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5 0
2 years ago
The most recent financial statements for Live Co. are shown here: Income Statement Balance Sheet Sales $4,400 Current assets $4,
hram777 [196]

Answer:

3.88%

Explanation:

ROA = Net income/Total assets

ROA = $972/$16,127

ROA = 0.0602716

ROA = 6.03%

Retention ratio = 1 - Payout ratio

Retention ratio = 1 - 0.38

Retention ratio = 0.62

Internal growth rate = (ROA*Retention ratio) / [1 - (ROA*Retention ratio)]

Internal growth rate = 0.0602716*0.62 / 1 - (0.0602716*0.62)

Internal growth rate = 0.037368392 / 1-0.037368392

Internal growth rate = 0.037368392/0.962631608

Internal growth rate = 0.038818995

Internal growth rate = 3.88%

3 0
3 years ago
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