Patronage principle based its hiring and promotion system on political reasons while the merit principle employed the idea that hiring should be based on entrance examination and promotion. One of the major disadvantage of the patronage principle is that, it may end up employing people who are not qualify for the job. Merit principle choose based on qualifications.
Answer:
Recognized Sales Value = $18,000
Explanation:
Fragment company selling Price is $300/Unit
40% trade discount is offered for purchases of 50 units and more. That is, $300 x 40% = $120.
This implies anyone buying 50 or more will pay only $180/Unit ($300 - $120)
Customer Purchased 100 units
Sales terms is FOB, which implies Fragment is responsible for transportation costs of the products from his warehouse to the Port of Shipment including loading onto the ship. The Buyer will be responsible for Marine Freight expense, Insurance, Off-loading and shipment to his own warehouse
The $7 Per Unit indicated will account for inland transport to Port of shipment
Recognized Sales = 100 units x $180 = $18,000
Cost of Haulage (Carriage outwards) is $7 x 100 units = $700
Answer:
B. Strong, because the CEO is setting expectations for ethical behavior and holding violators accountable
Explanation:
Ethics are a set of moral principles that defines acceptable and good behaviour of individuals in a society.
For ethical standards to be strong there is need to set expectations of ethical standards from society members and hold violators accountable.
This will discourage others that want to express unethical behaviour.
In the given scenario the CEO is setting a strong strong ethical system by drafting a new code of ethics with an expanded set of policies related to sexual harassment, creating a series of mandatory workshops for its workforce, and firing the managers involved in the incidents.