Two of the laws that Tumi manufacturers comply with are
- Labor laws
- Environmental laws.
<h3>What is corporate social responsibility</h3>
This is the responsibility of an organization to the the area where they operate.
The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.
Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.
Read more on corporate social responsibility here: brainly.com/question/1373962
Answer:
$490
Explanation:
Let xR be the revenue function
xR = (4 + 0.2(x))(100 - 2x) = 400 + 12x - 2x²/5
Maximum revenue occurs when xR = 0:
xR = 12 - 4x/5 = 0
x = 15
Admission price = 4 + (0.2*15) = 4 + 3 = $7
Max revenue = $7 * (100 - (15*2) = 7 *70 = $490
Answer:
B. 6.2 DLH per unit of G2
Explanation:
Total cost per unit of G2:
$20 = DM + DL + OH
$20 = $7 + $3.60 + X
$20= $10.6
$20- $10.6
= $9.4
X = $9.4 overhead per unit of G2
Therefore the Plantwide overhead rate is:
$795,000/530,000 DLH = $1.5 per DLH
DLH per unit of G2:
$9.4/$1.5 = 6.26 DLH per unit of G2
Based on the real GDP growth rate, the velocity of circulation, and the quantity of money, the long run inflation rate will be 0%.
<h3>What is the long-run inflation rate?</h3>
This can be found using the Quantity theory of money:
Money supply x Velocity of circulation = Price level x Real GDP
Can also be written as:
% change in M + % change in V = % change in P + % change in Y
Solving gives:
3% + 0 = P + 3%
P = 3% - 3%
= 0%
The price level is to increase by 0% which means that inflation is 0%.
Find out more on the Quantity theory of money at brainly.com/question/26370040.
Explanation:
POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting