Answer:
Consider the following explanation
Explanation:
The discussion started with Mr. Friedman explaining how the want and setting up on MNCs have become way more easier than it was a couple of decades ago. This is because the role of business in the society has increases. With increasing population the demand needs to be met on that level as well. Agreeing with the latter point Mr. Karthik said that yes, the demand needs to met but that should not make MNC and their setup easy. The quality according to him suffers.
Mr.Karthik said that the MNCs are also huge retail shops who must make sure that their production of goods and services are worth opting for. This is actually what business is supposed to do. Unlike the two gentlemen who are busy taking out the judgement on what is right and wrong in business and role it plays in the society, Mr.SInger started to add an important aspect. According to his view the greater role of business today, lies in the fact that it must benefit the society and reap positive externalities.
This is where the Corporate social responsibility comes in. The usage of resources and then replenishing it back into the nature is very very important according to Mr.Singer. He explained why the industries should not be given the liberty to discharge waste anywhere but must be either penalised or made to indulge in the act of social responsibility. With such conclusive thought s all th three agreed on a larger perspective of business.
No, Because Harriet had no knowledge of the painting for her house, While there was an added benefit. There is no quasi-contract at all.
According to the references used I believe the answer would most likely be ...
Answer:
$200,000
Explanation:
The computation of Net Income is shown below:-
The green lawn firm is over-capable of approving the order. The extra fixed costs do not have to be incurred. This way, fixed costs are avoided and only variable costs need to be incurred.
For computing the net income first we need to find out the profit per unit which is here below:-
Profit per unit = Sell price per unit - Variable Cost per unit
= $1,200 - $1,000
= $200
Total Profit = Profit per unit × 1,000 unit order
= $200 × 1,000 unit order
= $200,000
So, net income increased by $200,000
Therefore for computing the total profit we simply applied the above formula.