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kiruha [24]
4 years ago
5

Suppose a manager faces a question regarding how to handle a defective piece of equipment that his company sold. Telling the cus

tomer would cost him a substantial amount of money. At the same time, if the equipment fails, it could lead to serious injury of the customer. The manager is going to choose between three options presented by colleagues:
Option 1: Keep quiet about the defect.
Option 2: Talk to others and see what they would have done in the same situation.
Option 3: Disclose the defect and suggest alternatives because it is the honest thing to do.
Business
2 answers:
sweet-ann [11.9K]4 years ago
8 0

Answer:

Option 3: Disclose the defect and suggest alternatives because it is the honest thing to do.

Explanation:

The fact that the equipment was sold by you to a customer and it becomes defective, professional courtesy has to come into play where you reach out to the said customer, let them know of the development, and suggest alternatives that would help the customer better. This would even build better trust and establish customer loyalty.

solong [7]4 years ago
5 0

Answer: 3.: Disclose the defect and suggest alternatives because it is the honest thing to do.

Explanation: If the manager chooses option 1 which is to keep quiet about the defect, the customer will discover it in the near future and probably sue the company for the products defect. Talking to others to hear what the have to say and suggest May only compound to too many ideas and suggestions that May end up causing more harm than God. So the best option is to be honest about the defect of the product and offer suggestions about similar equipment to the customer. It is left for the customer to make his/her decision.

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The Klingon Corporation has net fixed assets with a book value of $700 and an appraised market value of about $1,000. Net workin
madreJ [45]

Answer:

Equity using book value=$600

Equity using market value=$1,100

Explanation:

The book value of the Equity shall be determined as follows:

Equity=Total Assets-Total liabilities

          =Current assets+Non-current assets-Current liabilities-Non-current liabilities

In the given question

Non-current assets=$700

Current assets-Current liabilities=Net working capital=$400

Non-current liabilities=Long term debt=$500

Equity using book value=$700+$400-$500=$600

The market value of the Equity shall be determined as follows:

Equity=Total Assets-Total liabilities

          =Current assets+Non-current assets-Current liabilities-Non-current liabilities

In the given question

Non-current assets market value=$1,000

Current assets-Current liabilities=Net working capital market value=$600

Non-current liabilities=Long term debt=$500

Equity using market value=$1,000+$600-$500=$1,100

3 0
4 years ago
John is an older, retired Japanese American. He has a strong identification with his Japanese culture, still speaks primarily Ja
Svet_ta [14]

Answer:

(A) Traditionalist

Explanation:

Traditionalist -

It describes that a person who believes that the old ways are the best one ,

Traditionalist are the person who believe in writing letters rather than sending emails .

The person who still feel the old and traditional methods are the best .

Similarly from the data of the question , the correct answer is (A) Traditionalist .

7 0
4 years ago
What is the most important consideration when planning your budget?
Yuri [45]
Try D) because budget estimate incomes
6 0
3 years ago
The management of Zesty Corporation is considering the purchase of a new machine costing $400,000. The company s desired rate of
GarryVolchara [31]

Answer:

d. 3 years

Explanation:

Missing question: <em>'Year Income from Operations Net Cash Flow. 1 $100,000 $180,000, 2 40,000 120,000, 3 20,000 100,000, 4 10,000 90,000, 5 10,000 90,000"</em>

<em />

Year   Income from  Net cash    Investment   Unrecovered Investment

           Operations     Flow                                at the end of year

0                                                      400,000            400,000

1           100,000        180,000                                   220,000

2          40,000          120,000                                  100,000

3          20,000          100,000                                         -  

4          10,000           90,000                                   (90,000)

5          10,000           90,000                                   (180,000)

Entire investment is recovered by the end of 3 year. So, pay back period is 3 Years.

4 0
3 years ago
Gusler Corporation makes one product and has provided the following information: Budgeted sales, May 9,500 units Raw materials r
Troyanec [42]

Answer:

COGS= $807,500

Explanation:

<u>First, we need to calculate the unitary cost for direct material, direct labor, and manufacturing overhead:</u>

direct material= 2*2= $4

direct labor=2.7*20= $54

overhead= 2.7*10= $27

Total unitary cost= $85

<u>Now, the cost of goods sold:</u>

COGS= 85*9,500= $807,500

7 0
3 years ago
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