Answer:
ethical climate
Explanation:
We were informed that the link between marketing ethics/social responsibility and firm performance has been documented repeatedly over time.
In this this case is most evident in firms that have a strong ethical climate. Strong ethical climate in finance reffered to the degree of ethics been utilized by an organization, it involves the morals and improve employee morale when they experience ethical climate such as caring, independence and other ethical factors.
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Answer:
The correct answer is Maverick buying.
Explanation:
Maverick, is a wayward, a dissident, a rebel, someone who refuses to abide by the rules or resists joining a group. The term originates from Samuel A. Maverick (1803-1870), a Texas rancher, who refused to mark his cattle.
The "maverick buying", refers to purchases out of contract or channels established by an organization. For example, the Corporate Supply department negotiates a competitive price for certain particular models of laptops with a distributor. Days later, someone from the Human Resources department requests the purchase of a much more expensive model, for which a discount has not been negotiated.
Another example: traveling in an airline and staying in a hotel other than those with which the company has signed agreements.
The impact of bypassing the preferred purchasing channels and systems can vary from operational inefficiency, to missing out on the advantages of corporate contract negotiation, large fines and even jail time.
Answer:
Truman has a higher inventory turnover ratio and Stapleton has a higher gross profit ratio ( D )
Explanation:
Truman sell a large number of common household items ( assuming 100 unit )
while Stapleton sells a small number of expensive items ( assuming 20 units )
lets assume : Truman sells at $5 per unit and Stapleton sells at $50 per unit
with the above assumptions
Truman gross profit ratio = $5 * 100 units = $500
Stapleton gross profit ratio = $50 * 20 units = $1000
from the above assumptions you can deduce that the gross profit made by Stapleton is higher although he sells a smaller amount of goods while Truman has a higher Turnover because of its higher number of sold units
Consumers and business in the market economy seek to earn money so they can buy products so that they don't go out of business.
Answer:
Explanation:
The journal entry is shown below:
Work in process A/c - shaping department Dr $35,000
Work in process A/c - packaging department Dr $25,000
To Manufacturing overhead A/c $60,000
(Being apply overhead to the manufacturing departments is recorded)
The computation is shown below:
For shaping department
= 3,500 machine hours × $10 per machine hour
= $35,000
For Packaging department
= 2,500 machine hours × $10 per machine hour
= $25,000
