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marta [7]
3 years ago
13

After earning a graduate degree in Engineering Management, Mazin began working for PDO International. This is a company based in

the Oman, which offers engineering, design, and construction services to countries all over the world.Mazin’s work is focused on international development; his first assignment is to lead a team to develop a bid for a highway construction project in East Africa. After the engineering proposal is submitted, Mazin is proud of the work his team has accomplished and promises his manager he will do everything possible to make sure that PDO receives the contract.PDO’s bid is well-received, and Mazin and his team are flown to East Africa to finish negotiations. Mazin is thrilled when his company receives the bid; the only stipulation is that they build their construction headquarters in a specific region in the country. Mazin then begins scouting the region for a location to build their headquarters.In order to obtain building permits in the region, Mazin has to negotiate with the local government. As he begins negotiations, he realizes that bribery is both a common and expected practice. If he does not bribe the local officials, he will not be able to build PDO’s headquarters in that region and consequently will lose the contract; his first managerial project will be a failure. However, it is illegal for an Omani citizen to bribe a foreign official in order to obtain business; if he is caught for bribery, he could face jail time and his company could be fined millions of dollars.1. What should he do?
Business
1 answer:
Vitek1552 [10]3 years ago
3 0

Answer:

A case of ethical conduct

Explanation:

Mazin is caught in an ethical dilemma here, however compromising and yielding to offer bribes to local officials could put him in jail and soil his reputation and that of his organization forever. Therefore bribing is not an option here. A first option could be to check or negotiate with a higher authority such as the state government or the federal government that awarded the contract. Mazin could apply his skills to get a higher government authority to act in the favor of the company and supersede all resistance in the local authority. He could also seek the help of his manager in this instance as this would be profound feedback on what could be delaying the final contract agreement.

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alexandr402 [8]
Which of the following is an example of irregular income?
A. A full-time job
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C. A graduation gift
D. Both b and c

The answer is C
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Patterson Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV?
diamong [38]

Answer:

NPV= $60.52

Explanation:

Giving the following information:

Robbins Inc. is considering a project that has the following cash flow: −$950 $500 $400 $300

Cost of capital= 10.00%

To calculate the net present value we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

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8 0
3 years ago
Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat
kicyunya [14]

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However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

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6 0
3 years ago
The
zhenek [66]

Answer: operating budget

Explanation:

In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.

The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.

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3 years ago
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead cos
Tju [1.3M]

Answer:

\left[\begin{array}{cccc}-&Actual&Variance&Flexible Budget\\Indirect labor&10,760&240F&11,000\\Indirect Materials&7,520&180F&7,700\\Utilities&3,950&450F&4,400\\Supervision&4,200&0&4,200\\dep&1,800&0&1,800\\Prop.taxes&600&0&600\\\end{array}\right]

Explanation:

Idirect labor 1

Indirect materials 0.7

Utilities 0.4

fixed per month

supervision 4,200

Dep 1,800

property taxes 600

Units produced

We multiply the variable components rate by the units produced. Then we calcualte the variances

8 0
3 years ago
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