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scoundrel [369]
3 years ago
13

How are laws different from ethics

Business
2 answers:
evablogger [386]3 years ago
6 0
<span>ethics and laws differ in that ethics are social guidelines based on moral principles and values while laws are rules and regulations that have specific penalties and consequences when violated. ethics don't have punishments, fines or associated penalties when people fail to abide by them when laws do. </span>
Neporo4naja [7]3 years ago
5 0
Laws are put in place by an existing form of government, in the United States, a democracy, which means that the majority of representatives elected by the majority of the people compose the laws. Ethics are more of a moral dilemma, and often contribute to lawmakers decision. It's the idea of what is best (laws) vs. what is right (ethics).
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A nation has a GDP of 685m. It has a growth rate of 4%. How long will it take the nations GDP to double?
katovenus [111]
<span>The Rule of 70 can be used to determine the length of time it would take for a variable to double. In this case, using a growth rate of 4%, we can divide 70/4 to find that it would take 17.5 years for the GDP of this nation to approximately double.</span>
7 0
3 years ago
Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing e
aleksley [76]

Answer:

monopolistically competitive industry.

Explanation:

this Asian restaurant is likely operating a monopolistically competitive industry. This kind of market structure is a combination of monopoly and competitive market. as it offers products and services which one similar. Also the question says that it has some barriers to entry, which is a characteristic of monopolistically competitive industry. Also goods are similar but not differentiated

5 0
4 years ago
Gypsy just bought a gift and jewelry store on Main Street. She knows from the previous owner that almost 60 percent of her sales
snow_lady [41]

Answer:

Gypsy will probably use a pulsing advertising schedule for promoting her gift and jewelry store.

Explanation:

Pulsing is a type of advertising schedule which is a mixer of flighting scheduling ( type of scheduling where advertising is done at irregular periods ) and continuous scheduling ( a type of scheduling where advertising is done all year around ). In this type of scheduling, heavy advertising is done during the peak season ( like in this question Christmas holiday season is for Gypsy ) and low advertising is done through the rest of the year. Gypsy's products are being sold through out the yer but there is large surge in the sale during Christmas holiday season.

8 0
3 years ago
On January 1, Puckett Company paid $1.6 million for 50,000 shares of Harrison's voting common stock, which represents a 40 perce
Studentka2010 [4]

Answer:  the correct answer is $1,724,000

Explanation: $560,000 x 0.40= 224,000  (net income times percentage of Harrison's voting common stock)

$2/ share x 50,000= (100,000)  (the company paid 2$ dollars per share and there are 50000 shares)

1.6 million + 224,000 - 100,000= $1,724,000

6 0
3 years ago
Suppose that your retirement benefits during your first year of retirement are $60,000 per year which is just enough to meet you
mart [117]

Answer:

The money side aside in order to meet this future increase in the cost of living for 25 years is $429,060

Explanation:

Solution

Given that:

The first year retirement benefit is = $60,000

Expected increase of cost of living at an annual rate = 5%

Savings earn account = 7%

Now,

We find the the pension current worth

P₁ = $60,000 (P/A, i, n)

= $60,000 (P/A  7%, 25)

$60,000 (11.654)

= 699, 254

Thus,

we compute the current worth of cost of living by applying the factor of geometric series.

P₂ = $60,000 (P/A, g,i, n)

= $60,000 (P/A, 5%  7%, 25)

=  $60,000 [ 1-(1+0.05)^25 + (1+0.07)^-25/0.07 -0.05]

= $60,000 (1 - 0.6239/0.02)

=$60,000 (0.3761/0.02)

= $22,566/0.02 =$1,128,300

Now, we calculate the money that will be saved

Which is $1,128,300 - $699,254

= $429,060

6 0
3 years ago
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