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4 years ago

Assess how walmart is managing ethics and social responsibility as one of the largest corporations in the world.

1 answer:

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After the recent bribery scandal that happened in Walmart, they were already making great effort to manage the ethics and social responsibility of the company. It was reported that they have already spent $612 million dollars to answer these concern in the ethics. They have improved their system to restructure their internal ethics and compliance systems though this resulted doubt and restlessness<span> among the shareholders.</span>

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Nokia’s loss of market share of U.S. cell phone business is a result of __________

Kipish [7]

Answer:

The correct answer is: conscious strategic decisions made by the company.

Explanation:

Finnish Company Nokia reported a $1,36 billion loss in sales by 2009 because of the decrease of 20% in sales worldwide during that year and 25% only in the United States the previous year. Even if the company is trying to recover nowadays, the emerging of new technology and competitors is still a struggle for the firm. Back in 2009, they were forced to give up part of their market share in order to restructure the company. This represents a well-thought strategy carried out by them if they wanted to still be in the business.

7 0

3 years ago

A company has decided that it no longer needs to extensively count and inspect the products it buys from a particular supplier.

agasfer [191]

Answer: False

Explanation:

The VOLUME CONSOLIDATION Stage is where a company attempts to reduce the number of suppliers that it has and consolidates the volume of sales it does through them.

This strategy helps in having a better relationship with suppliers as well as earning a claim on their business which would go a long way in price negotiation.

3 0

3 years ago

Andrew industries purchased 161,000 of raw materials on account in the month of March

olasank [31]

What’s the question?

4 0

3 years ago

A worker can choose high (H) or low (L) effort. If the worker chooses high effort, she incurs a personal cost of 1. In this case

Nitella [24]

Answer:

B. No, because for any bonus offered, the worker will claim to have exerted high effort.

Explanation:

This question required some basic reasoning about how human beings function. We all like to receive things from others, and if they are free (or without cost or effort) the more we like them. And we all believe that good things should happen to us and that we are entitled to receive good things. That is the basic reason why jealousy and envy exist.

Now, back to our case. If the company simply hands out bonuses to everyone regardless of their personal effort, every single worker will be convinced that they really deserve the bonus. Even if the worker didn't even try to do his best or didn't do anything right at all, he/she will be convinced that they deserve the bonus. Each and every single worker will claim that the reason they are receiving the bonus is due to their work. Everyone will say that they worked hard and their work was good.

Imagine this happened at school. One day, the teacher decides to give As to half the class in alphabetical order (or any other random way). The half that got the As will believe that they deserved the As while the other half will be very unhappy. If everyone got As, then everyone will be convinced that thy got As because they deserved them.

5 0

3 years ago

Before the year began, McCrae, Inc. estimated its manufacturing overhead costs for the year to be $400 comma 000 and estimated

V125BC [204]

Answer:

Gross Profit = $5,172

Explanation:

For the information provided,

Manufacturing overhead at an activity level of 10,000 machine hours = $400,000

Thus, overhead per hour = $400,000/10,000 = $40 per hour

Direct material = $1,000

Direct labor cost = $1,500

Total manufacturing cost allotted = $40 $\times$ 23 = $920

Total direct cost = $1,000 + $1,500 + $920 = $3,420

Sales revenue = $716 $\times$ 12 = $8,592

Gross profit = Sales - Cost = $8,592 - $3,420 = $5,172

4 0

4 years ago