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Romashka [77]
3 years ago
12

A Chinese toy manufacturer has received criticism by people in the surrounding community who have complained about the pollution

and chemicals emitted into the air and water. The company is following all local and national laws and regulations for environmental standards. Which of the following statements about the company's actions is most accurate regardless of one's personal or cultural values?
a. The company is acting ethically and legally because companies cannot be restricted by governments with regard to how they perform operations in their own organization.
b. The company is acting ethically because "ethics" and "legal compliance" mean the same thing (are synonymous). In other words, if a company is not violating any laws, it is acting ethically.
c. The company is complying with local laws, but the issue of whether it is acting ethically is debatable and more difficult to answer definitively. In other words, differing individual and cultural values could influence one's perceptions of whether the company's actions are ethical.
d. The company is acting unethically and should be forced to shut down its operations. A company should never pollute the environment in any way regardless of the laws.
Business
1 answer:
madam [21]3 years ago
3 0

Answer: option C

Explanation:

option C

The company is complying with local laws, but the issue of whether it is acting ethically is debatable and more difficult to answer definitively. In other words, differing individual and cultural values could influence one's perceptions of whether the company's actions are ethical.

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The purpose of the general journal is to show accounting events in their __________ sequence.
Valentin [98]

Answer:

Chronological

Explanation:

For accounting day to day business transactions, there is a proper sequence of accounting cycle i.e.

1. Transactions

2. Journal entries

3. ledger posting

4. Trial balance

5. Worksheet

6. Journal entries i.e. adjusted

7. Financial statements

8. Books closing

So it would be chronological

7 0
3 years ago
The variable over which service providers have little control is the emotional state of their customers.
lions [1.4K]
<span>This is true because there is no way for service providers to be able to control the emotional state of their customers. Even if a service provider is very friendly and helps the customer adequately, there is no way to ensure that the customer will be satisfied with the service/in a stable emotional state.</span>
3 0
3 years ago
The risk-free rate of return is 2% and the expected return on the market portfolio is 8%. Oklahoma Oilco has a beta of 2.0 and a
solmaris [256]

Answer:

The multiple choices are as follows:

18.6%

14.0%

22.8%

25.0%

The second option is the correct answer,14%

Explanation:

The capital asset pricing asset model formula for computing a firm's cost of equity according to Miller and Modgiliani is given below:

Ke=Rf+Beta*(Mr-Rf)

Rf is the risk free of 2% which is the return expected from zero risk investment such as government treasury bills.

Beta is how risky an investment in a company is compared to similar businesses operating in similar business sector of the company given as 2.0

Mr is the expected return on market portfolio which 8%

Ke=2%+2*(8%-2%)

Ke=2%+2*(6%)

Ke=2%+12%=14%

3 0
3 years ago
How often should a financial checkup be completed
ryzh [129]

Answer:

a financial checkup should be completed annually.

7 0
3 years ago
Chester's product manager is considering lowering the price of the Cone product by $2.50 and wants to know what the impact will
lozanna [386]

Answer:

The contribution margin will decrease by 2.50

Explanation:

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

IF sales decreases, then the contribution margin decreases.

That's because, there is less money to pay for the variable cost.

The company will also have to sale more units to break even, as now each units contribution is fewer.

Cone's should evaluate how much their sales are expected to increase for the lower price and be cautious

7 0
3 years ago
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