1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kenny6666 [7]
3 years ago
11

In the absence of environmental or safety laws in the locality where it operates, what responsibility does a U.S. corporation ha

ve when operating overseas? Does the answer change if the locality does have laws, but they are less strict than ours? What about the ethics of a U.S. corporation selling products overseas that are banned in the United States, such as DDT?
Business
1 answer:
Elden [556K]3 years ago
8 0

Answer:

1. Moral and ethical responsibility

2. No

3. Lawsuit may be involved

Explanation:

1. Every US company apart from environmental or safety laws in the locality where it operates, have a moral and ethical responsibility to do what is right in terms of safe work practices and product safety/quality.

2. Even though some countries may have less strict laws than the US, moral and ethical responsibility should always thrive. For example, China is known to have less strict manufacturing standards than the United States, however this does not justifies a company to practice unsafe manufacturing standards.

3. For corporations selling products overseas that are banned in the United States, such as DDT to countries that were known to still allow it sales such as India, and North Korea. A lawsuit against those corporations may be considered legal.

You might be interested in
Suppose your firm develops a new pharmaceutical product that may be used to reduce blood cholesterol levels, so the firm is the
Troyanec [42]

Answer:

The markup calculated as a result of information about the elasticity of demand

Explanation:

As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.

There are three facts about markup:

1. The Markup is not to be a price below marginal cost of the pharmaceutical product.

2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an

increase in revenue for the seller.

Therefore having a -4 elasticity of demand could imply more profits for the firm.

5 0
3 years ago
Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.
Aleonysh [2.5K]

Answer:

Yes this could be counted as GDP

Explanation:

6 0
3 years ago
____ are long-term, low-interest loans, cash grants, and tax deductions used to develop and protect companies or special industr
Schach [20]
GOVERNMENT SUBSIDIES are long-term, low-interest loans, cash grants, and tax deductions used to develop and protect companies or special industries.

Government subsidies are assistance given by the government to a person or a group of individuals in support of an enterprise that is for the public interest.
3 0
3 years ago
Which term is used for the period in the late eighteenth and early nineteenth centuries that witnessed increased agricultural pr
iragen [17]

Answer: The correct answer is "(C) The Industrial Revolution".

Explanation: The Industrial Revolution is the process of economic, social and technological transformation,

During this period the greatest set of economic, technological and social transformations in the history of mankind since the Neolithic period was experienced, which saw the transition from a rural economy based mainly on agriculture and commerce to an urban, industrialized and economic economy mechanized.

7 0
3 years ago
Use the following chart to explain how the amount of principal affects the total cost of the loan
german

Answer: The higher the principal, the higher the total cost of the loan

Explanation:

From the chart shown we can see that the loan with a higher principal has a higher total cost than the loan with the smaller principal.

This happens because the interest rate attached affects larger figures more than smaller ones. 6.47% of $6,000 is $389 which is larger than 6.47% of $5,000 which is $324 (calculating the cost of a loan is more cumbersome than this but this shows the effect as well).

When compounded overtime, this difference will be even more and thus shows that larger principals cause larger total costs.

7 0
3 years ago
Other questions:
  • If you illegally drive without a drivers license you may be fined up to $______ for your first conviction.
    6·1 answer
  • Jahar is very friendly and loves interacting with customers. He has a lot of knowledge about loans and the risks associated with
    5·2 answers
  • What is the total stockholders' equity based on the following account balances?Common Stock $1,300,000Paid-In Capital in Excess
    14·1 answer
  • Describe how you would incorporate adult learning principles and methods of experiential learning from this course into the Maer
    14·1 answer
  • Explain the art of negotiating and an example to go with. :) ( A situation within very sophisticated work, mhm.)
    13·1 answer
  • Russ Wyant owned Humble Ranch in Perkins County, South Dakota. Edward Humble, whose parents had previously owned the ranch, was
    10·1 answer
  • Assume that the seller owes $80,000 on a loan for the land. After receiving the $298,000 cash in (a), the seller pays the $80,00
    10·2 answers
  • You manage an equity fund with an expected risk premium of 10% and an expected standard deviation of 15%. The rate on Treasury b
    15·1 answer
  • Brent has hired an OD consultant to understand why the company's process for paying invoices is so slow. He wants the consultant
    9·1 answer
  • According to the eight-stage model of planned organizational change, considering the complexities of change required in organiza
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!