Answer:
The answer options to this question would be the following:
a. ethical misdemeanor
b. conflict of interest
c. ethical lapse
d. ethical dilemma
The correct answer is: c. ethical lapse.
Explanation:
An ethical lapse is not one that shows a total lack of integrity, but only an oversight or a blind spot in ethics. Ethical lapses may or may not be large-scale, private or publicized and are illegal within the law or immoral.
Only the term lapse within the legal scope is also used to mention the time that exists between two established limits and during which a specific procedural action can be responded to. As a general rule, it will be established by law although, in some cases and when it authorizes it, the judge will be in charge of determining them.
Answer:
The answer is below
Explanation:
There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:
1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.
2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.
3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.
4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.
5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.
Answer:
$3,438.45
Explanation:
The amount invested is the sum of Bob's and Judy's savings:
The equation that gives the future value of an investment P, at an annual interest rate r for t years, compounded monthly, is:
Therefore, the account balance after 12 years of an initial investment of $2,400 at 3% is:
The account balance after 12 years will be $3,438.45.
Answer:
a. $3,740 Favorable
b. $680 Unfavorable
Explanation:
The computation of labor rate variance and labor efficiency variance is shown below:-
Labor rate variance = Actual cost - (Actual hours × Standard rate)
= $130,220 - (9,850 × $13.60)
= $130,220 - 133,960
= $3,740 Favorable
Labor efficiency variance = Standard rate × (Actual hours - Standard hours)
= $13.60 × (9,850 - 1,750 × 5.6)
= $13.60 × 50
= $680 Unfavorable