1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wolverine [178]
3 years ago
13

Eric, the owner of a struggling business that supplies fresh product to restaurants, is faced with a decision that will mean eit

her the collapse of his business or perhaps the success of his business: Should he fill customer orders for produce with some older produce mixed in with the fresh produce
Business
2 answers:
Sloan [31]3 years ago
5 0

Answer: He should go with the ethically correct option which is not to mix the older produce with the newer one.

Explanation:

In ethical dilemmas especially ones involving business it is best to go for the ethically right option. Unethical decisions can give short term results but they are almost always caught out in the future meaning that the business faces ruin in the future. Using the cases of Enron and Worldcom as examples where the companies engaged in unethical accounting conduct that guaranteed short term success, their fall from grace showed that unethical decisions are not sustainable.

With this in mind he should not mix the produce for his business to survive because there is a high chance he will reject it in future.

zaharov [31]3 years ago
3 0

Answer:

Yes, this is an ethical dilemma because no choice is 100% right or wrong, and both choices are basically undesirable and equally bad.

Explanation:

Eric has two options:

  1. Keep selling his products like he has been doing so far, i.e. not mixing older products with fresh products, but most probably will go bankrupt and will have to close his business.
  2. Start to save some money by mixing older products with fresh products and hopefully he will be able to save his business, but he will be cheating on his clients and that will eventually come back to bite him.

If he chooses option one, he will probably have to close his business, and if he chooses option two, he will be doing something bad that may eventually cause him to close down also.  

It is easy to say that Eric should do the right thing and sink with the ship, but what if your were Eric? There is an old Cheyenne saying "don't judge a man until you've walked two moons with his moccasins (shoes)".

Eric needs to balance out what is best for him and what is the correct thing to do, and if possible try to come up with a third alternative that isn't so disastrous.

You might be interested in
g purchased a 25% stake in for $486,000 on Jan 2, 2021. On Jan 1, 2021, Satisfactory had a book value of equity on its balance s
stepladder [879]

Answer:

Perfection records in it's books an Investment in Associate of $486,000

Explanation:

Hi, your question has missing information, i tried to look for the full question online but I could not find it.

However, I have prepared below explanation to the problem.

When a firm has investments into another firm of less than 50% voting rights in stake but greater than 20% we say that firm has significant influent in the investee. The firm is said to have an Investment in an Associate.

Investments in Associates are always recorded using the Equity Method of Accounting.

<u>Entries for Investment in Associate are :</u>

Debit :Investment in Associate ($1,944,000 × 25%) $486,000

Credit : Share of profits of associate $486,000

Conclusion :

Perfection records in it's books an Investment in Associate of $486,000

4 0
3 years ago
Requirements analysis is a process in which stakeholders identify the features that a project will need and then prioritze them
Nonamiya [84]
I will assume this is a true or false question, the answer is true. Requirements analysis, likewise called requirements engineering, is the way toward deciding client desires for another or altered item. These elements, called necessities, must be quantifiable, significant and point by point. In programming building, such necessities are frequently called utilitarian particulars.
6 0
3 years ago
Exercise 11-1 (Algo) Depreciation methods [LO11-2] [The following information applies to the questions displayed below.] On Janu
Dvinal [7]

Answer:

Straight line depreciation expense each year of the useful life would be $9,600

The double declining method

Deprecation expense in December 2021 = $20,800

Depreciation expense in 2022 = $12,480

Depreciation expense in 2023= $7488

Depreciation expense in 2024 = $4,492.80

Deprecation expense in 2025 = $2695.68

Explanation:

Straight line depreciation method = (Cost of asset - Salvage value) / useful life

Cost of asset = $52,000

Salvage value = $4,000

Useful life = 5

($52,000 - $4,000) / 5 = $9,600

The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.

So the deprecation expense each year would be $9,600.

Double declining depreciation method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

2 × (1/5) = 0.4

Deprecation expense in December 2021 = 0.4 x $52,000 = $20,800

Net book value = $31,200

Depreciation expense in 2022 = 0.4 x $31,200 = $12,480

Net book value = $31,200 - $12,480 = $18,720

Depreciation expense in 2023 = 0.4 x $18,720 = $7488

Net book value = $18,720 - $7488 =$11,232

Depreciation expense in 2024 = 0.4 x $11,232 = $4,492.80

Net book value = $11,232 - $4,492.80 = $6,739. 20

Deprecation expense in 2025 = 0.4 × $6,739. 20 = $2695.68

I hope my answer helps you

3 0
3 years ago
Pretend you are an employer. you will discuss a promotion and a raise with an employee. What will you say to them?
pychu [463]

Answer:

Good luck with the promotion, here are some ideas for the company!

6 0
3 years ago
Jack is yelling at Samantha because she was late last week. Unfortunately, the whole office can hear. Now Samantha is not only u
lukranit [14]

Answer:

In this case, Jack's "human/interpersonal skills" failed. The skills that Jack is failing to use are important for "managers."

Explanation:

From the statement above, we can assume that Jack's position is superior to that of Samantha. He is, probably, the manager. However, he yelled at Samantha last week because she was late. In this case, Jack failed in his "human skills." This is also known as<em> "interpersonal skills,"</em> which is <u>a set of skills related to interacting effectively with other people.</u>

A manager with good interpersonal skills knows how to listen to his subordinates. In fact, he should be an <em>active listener,</em> which means he should be observant upon listening to other people's explanation. He should also provide advice or solve problems without yelling.

Thus, this explain the answers.

6 0
3 years ago
Other questions:
  • Multiple Choice Question 143 A company shows a balance in Salaries and Wages Payable of $37900 at the end of the month. The next
    14·1 answer
  • Which of the following best describes how consumers let
    12·2 answers
  • Orange Co. is a manufacturer and Pineapple Company is a merchandiser. What is the difference in the budgets the two entities wil
    9·1 answer
  • One of the biggest mistakes you can make during an interview is failing to match the interviewer’s communication style. Please s
    6·2 answers
  • The key to setting a price for a product is finding an approximate price level to use as a reasonable starting point. Four commo
    8·1 answer
  • James Corporation owns 80 percent of Carl Corporation's common stock. During October, Carl sold merchandise to James for $240,00
    5·1 answer
  • Your friend is looking for investors in a risky business venture. To convince you to participate, she is offering you a 17% rate
    15·2 answers
  • Which of these types of products usually involves the customer
    8·1 answer
  • The cost of wages paid to employees directly involved in the manufacturing process in converting materials into finished product
    6·1 answer
  • When customers join the Daily Needs Reward Zone, they receive one point on every purchase they make at Daily Needs stores and Da
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!