Answer:
b. They reflect the laws and regulations that affect social and economic behavior.
Explanation:
Morals are not universal and vary greatly depending on the underlying culture and religion. Even still in each civilization, there are many grey areas in the concept of morals. One thing that seems to be constant is that they reflect the laws and regulations that affect social and economic behavior. In this scenario, some developing countries believe that using children as a cheaper form of labor is fine since the children are getting paid and therefore, there are no laws prohibiting this action so people see it as morally correct. While other countries that see it as morally wrong have laws and regulations to prevent people from performing such actions. These laws and regulations are a form of dictating social and economic behavior by stating that it is morally wrong.
The bullwhip effect is said to take place when retailers are said to be very reactive to demand, and as such increases expectations around it, which leads to a domino effect along the supply chain.
- Zara and H&M can handle any harmful effects in course of the pandemic/after pandemic by making sure that retail and manufacturing work together and also avoid shortage.
Others are:
- The use of Real-time data aggregation.
- There should be Communication with vendors and suppliers
- The Onboarding of new suppliers needs to be simple, and fast
<h3>The effect of Bullwhip ?</h3>
The Bullwhip effects can take place when retail and manufacturing are said to be not in good terms with one another and thus leads to unpredictable demand.
It has brought about Shortages in course of during the pandemic, such as retail flour shortages, etc.
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The accrual basis of accounting states that “expenses are matched with related revenues and are reported when the expense is incurred, not when cash changes hand”. Therefore, adjusting entries are required because of the matching principle in accounting.
Answer: Option D
Explanation: A share's par value is the value specified in the corporate charter below which shares of that class can not be sold on the initial offer; the issuing company agrees not to sell additional shares below par value, so shareholders can be assured that no one else will obtain a more desirable share price.
The nominal value of the stock of a company is an unreasonable value assigned for the purposes of the reporting in the balance sheet when the company issues shares.
Hence from the above we can conclude that the correct option is D.
The ruppe is the basic monetary unit in india