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charle [14.2K]
3 years ago
5

What is the most common factor in the code of ethics for many professional organizations?

Business
1 answer:
serg [7]3 years ago
8 0

Answer:

The correct answer is: information, training, and credentials are based on evidence-based practice.

Explanation:

Business ethics, in addition to having a responsibility for the common good, is a commitment to permanent respect for all its associates: its staff, its customers, its investors, its suppliers, its creditors and the State as representative of the society.

Thus, ethics should contribute to strengthening the credibility and reliability of the entire society in the company, managing to satisfy the wishes and attending to the rights of all its stakeholders.

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Among the explanations below, which one is not a reason to favor the use of a beta distribution to
Leya [2.2K]

Answer:

The correct answer is "it is easy to implement in standard software leg. Microsoft Excel)"

Explanation:

It is easy to implement in standard software leg. Microsoft Excel) is not a reason to favor the use of a beta distribution to  capture cross-customer differences in our probability model of customer behavior.

The beta distribution is a continuous probability distribution which is usually put to use when a portion or probability is to be represented. For example it can be used to find out the most preferred candidate and his vote share among others.  

7 0
3 years ago
Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alter
OLga [1]

Answer:

$4,000

Explanation:

Scholastic's                         Eastern Tour                 Western Tour

Projected revenue                $17,000                         $19,000

Variable costs                       ($3,000)                         ($7,000)

Fixed costs                            ($3,000)                         ($3,000)    

Profit                                       $11,000                           $9,000

The incremental costs of the Western Tour is:

incremental costs = costs associated to western tour - costs associated to the alternative eastern tour = ($7,000 + $3,000) - ($3,000 + $3,000) = $10,000 - $6,000 = $4,000

Incremental costs are the costs that a company incurs in by taking a particular action or making a particular decision, always compared to not taking that particular action or making that decision.

3 0
4 years ago
According to Mintzberg's organizational structures, hospitals and universities are examples of a:​ a. simple structure. ​b. prof
Taya2010 [7]

Answer:

b. professional bureaucracy

Explanation:

Bureaucracy refers to a kind of organizational structure which is governed by a clearly defined authority and rigid rules and regulations alongside long chain of hierarchy and reporting, which makes decision making a time consuming affair.

As per Mintzberg, professional bureaucracy is characterized by standardization of skills coupled with vertical and horizontal decentralization of responsibilities.

Such form of organizational structure allows for greater degree of autonomy and control to the professionals w.r.t their work. Such a bureaucracy recognizes the authority of professional expertise instead of the authority of hierarchy.

Such form of organizational structure is usually followed by schools, hospitals and universities wherein, the professional expertise of doctors and teachers define the authority instead of a pre existing chain of hierarchy that dictates what one is permitted to do.

5 0
4 years ago
"Suppose that last year you borrowed $100 at 5 percent interest to purchase a $100 pair of Nike cross-training shoes. This year
gavmur [86]

Answer:

Suppose that last year you borrowed $100 at 5 percent interest to purchase a $100 pair of Nike cross-training shoes. This year you repaid the bank with interest. If the inflation rate was 10 percent last year, your purchase of the shoes would: <u>make you an inflation winner as you saved $5 on the shoes</u>.

5 0
3 years ago
ou are considering a stock investment in one of two firms (A and B), both of which operate in the same industry. A finances its
harina [27]

Answer: A = 9 and firm B = 0.11

Explanation:

Debt to equity ratio = Total Liability/ total equity

Firm A = 18000000 / 2000000

Debt to equity ratio of firm A = 9

Firm B = 2000000 / 18000000

Debt to equity ratio of firm B = 0.11

6 0
3 years ago
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