Answer: $6.96
Explanation:
Weekly earning = $480
Medicare tax rate = 1.45%
1.45% = (1.45/100) = 0.0145
Medicare contribution = Medicare tax rate × weekly earning
Medicare contribution = 0.0145 × $480 Medicare contribution = $6.96
The employees weekly contribution that is apportioned for Medicare is $6.96
Answer:
d. All of the above are correct
Explanation:
the command and control are expensive and do not work in many cases but the tax based result in greater reduction and less costly to a society where the government also earns revenue.
Answer:
8 business functions:
Explanation:
1. Finance's role is to fund, manage budgets, accounting, financial controls, and audits.
2. Marketing's role is processing like promotions, pricing, sales and distributions.
3. Information Technologies role is to developed and operate systems and applications.
4. Customer Service's role is managing customers and handling their needs or requests like inquiries or returns.
5. Production's role is manufacturing products or delivering for different services.
6. Distribution's role is the process of teaching the customer with the product you are delivering or service you are providing.
7. Design's role is prioritizing and making sure the design of the product or service stands out as it's own business function.
8. Governance's role is firm in direction and control. They manage the performance of management.
The common arguments that are in favor of Corporate Social Responsibility (CSR) are:
Public image of the company.
Moral Justification.
Public Support for business.
Long run survival of the organization and the public both.
Common arguments that go against CSR are:
Ambiguity in business policies.
Moral Responsibility.
Shareholders' rights
Explanation:
Against
The public should perceive the company as their savior and not their enemy. CSR helps a company stay in the good books of the public. If a cigarette manufacturing company opens a profit free farm or a recreational park for the public, it will ensure the maintenance of a positive image.
Morally, when a company takes something from the public e.g their clean air, or clean environment, then morally the company is bound to give something in return e.g a water filtration plant.
CSR can lead the public to support the company during times of need. A company during tough times might get several volunteers if it is known to have given much to the public.
Co-dependence is essential for the survival of both the organization and the public. Companies excel if the public likes them. If a company has been known to have only take and never give, then the balance is disturbed.
Against:
Not every company has the resources or interest to focus on one problem. Therefore, ambiguous policies of different organizations lead to partial working on one social issue or environmental issue. it leads the problem to be partially solved and not completely eliminated.
Company might morally owe the public in some domain but might not have the resources to fix that particular problem. It may leave the company in a moral debt. In order to compensate, a company may go beyond its capabilities which will not result in mutual benefit. Only one party will be happy.
CSR activities require resources. A company has several stakeholders and all might nit agree to spending/donating their profits for CSR activities. This may sound 'selfish' but public doesn't always know what the stakeholders are going through. CSR in such a case may deprive a stakeholder from a fraction of his share of profit.
The Range is the result of subtracting the smallest number from the largest number.
