Answer:
A moral standard refers to the norms which we have about the types of actions which we believe to be morally acceptable and morally unacceptable. Specifically, moral standards deal with matters which can either seriously harm or seriously benefit human beings.
Explanation:
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Answer:
b. $294 per setup
Explanation:
Calculation for the activity rate for the setup activity
Using this formula
Activity rates = Budgeted activity cost / Total activity-base usage
Let plug in the formula
Activity rates = $50,000 / 170 setups
Activity rates = $294 per setup
Therefore the activity rate for the setup activity is $294 per setup
Answer:
Portfolio managers oversee a collection of projects, programs and other activities that are grouped together to meet strategic business objectives. The practice of portfolio management is integral to the implementation of your organization’s overall strategic plan.
Explanation:
Answer:
C.wealthy nations have knowledge and entrepreneurial opportunities, while poor nations are often lacking in these areas
Explanation:
Factors of production includes:
1. Land - land includes all natural resources
2. Capital - includes machinery, tools used in the production of goods and services
3. Labour - includes all human effort expended in the production of goods and services
4. Entrepreneurship - coordinates all factors of production.
Poor countries have high levels of illiteracy, so they don't have an abundance of knowledge. Poor countries are usually overpopulated, so they usually have high Quanitity of labour.
On the other hand, rich countries have high literacy levels, so, they have an abundance of knowledge.
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Answer: d. charge a high price to high-value consumers and a low price to low-value consumers
Explanation: Price discrimination as a selling strategy involves charging customers different prices for the same product or service. It is often based on what the seller thinks they can get the customer to agree to and that customers can be asked to pay more or less based on certain demographics or on how they value the product or service on sale. Therefore, for a firm to maximize total profits through price discrimination, it should charge a high price to high-value consumers and a low price to low-value consumers.
