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Nezavi [6.7K]
3 years ago
13

Three Torque Inc., a U.S.-based multinational company, allows its managers to make facilitating payments in host countries to ex

pedite government formalities. However, in countries where such payments are considered as unethical, the company restricts its managers from indulging in such activities. This behavior of the company illustrates the straw man approach of
Business
1 answer:
Goryan [66]3 years ago
6 0

Answer:

Cultural Relativism

Explanation:

Cultural relativism basically implies that other people's values, norms and morals should be understood and respected, rather than judged, usually from the viewpoint of another culture, as the saying goes when in Rome, act like the Romans.

Therefore, Three Torque Inc. has demonstrated Cultural Relativism in deciding to respect the ethics of countries that prohibit facilitating payments.

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Oceans inc., a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches i
Ede4ka [16]

Oceans inc., a seafood distributor, agrees to buy from paul, a commercial fisherman, any "overstock" of fish that paul catches in excess of his legal limit. This agreement is most likely void.

the act of agreeing or of coming to a mutual association. the kingdom of being in accord. An arrangement is ordinary with the aid of all events to a transaction. An agreement or different record delineating such an association. The unanimity of opinion; harmony in feeling: settlement of some of the individuals of the school.

An agreement is a promise between entities to grow mutual obligations with the aid of regulation. segment 2(e) of the Indian contract Act, 1872 defines an agreement as 'each promise and each set of promises, forming the attention for every other, is an agreement.

The definition of agreement manner is the act of coming to a mutual selection, position, or arrangement. An instance of an agreement is the choice among two human beings to percentage the lease in an apartment.

Learn more about agreements here brainly.com/question/1835508

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8 0
2 years ago
__________ argues that the productivity of workers will increase if they are paid more, and so employers will often find it wort
Triss [41]

Answer:

Efficiency wage theory

Explanation:

Efficiency wage theory was first postulated by Alfred Marshall, where he viewed compensation to workers as based on their efficiency.

Companies use efficient wage to reduce staff turnover, as staff are motivated to stay because of wages that are above the industry standard.

It is also a way to reduce cost mostly in industries where the cost of staff replacement is high.

6 0
3 years ago
Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a
swat32

Answer:

depreciation for 2021 is $ 18,000

book value at December 31, 2021 is $ 27,000

Explanation:

Sum of Digits Method is a depreciation method that provides for higher depreciation to be charged early in the life of an asset with a lower depreciation in later years.

Sum of digits for the  framing machine is calculated as follows :

Year                                           Sum of Digits

1                                                          4

2                                                         3

3                                                         2

4                                                          1

Total                                                   10

<u>Depreciation for 2021 is calculated as :</u>

= 4/10× $ 45,000

= 18,000

<u>Book value at December 31, 2021 is calculated as :</u>

=Cost - Accumulated Depreciation

=$45,000 - $ 18,000

=$ 27,000

4 0
3 years ago
Read 2 more answers
Commissions charged on the trading of stock are
gtnhenbr [62]

Answer:

D. Charged on the buying and selling of stock.

Explanation:

Trade is defined as the action of buying and selling goods and services. And a trade commission is payed whenever an action is being traded, whether it is on the sale or on the buying.

8 0
3 years ago
Read 2 more answers
You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is call
igomit [66]
Is called collusion

It's actually price collusion to be precise ( not to be mistaken for the crime collusion)

Often time, to attract customers, sellers will offer a lower price than their competitor. Though it may attract more customer, it will lower their profit.

In price collusion, all sellers is guaranteed to have same product price and profit margin, creating a perfect competition market for that product
6 0
3 years ago
Read 2 more answers
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