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3 years ago

Discuss how the following socio economic issues can be a challenge to social responsibility:

1 answer:

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Unemployment, poverty and human rights are obstacles in the formation of social responsibility. This greatly prevents a person to be able to develop social responsibility. Having a job teaches a person the value of responsibility. It also enables him to stand on his own two feet and later encourages him to do a bigger role in society. If a person is financially secure and have rights then that person can do more for society.

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Which of the following is a characteristic of utility?

klasskru [66]

Answer:

It is synonymous with "usefulness".

It is subjective

4 0

3 years ago

Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'

gladu [14]

Answer:

Henri's 2006 salary in 2001 dollars =$46,666.66

Explanation:

A rise in the price index implies inflation

Inflation is the increase in the general price level. Inflation erodes the value of money.

This price index is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

So we can determine the salary in the base year value as follows:

2006 Salary in the base year terms=

CPI base year/CPI in the current year × salary in the current year

CPI base year- 177, CPI in the current yea- 256.5,

Salary in the current year - 70,000

Henri 2006 Salary in 2001 Dollar

=177/265.5 ×70,000/265.5 = 46,666.66

Henri's 2006 salary in 2001 dollars =$46,666.66

8 0

3 years ago

A company incurs costs of $38 per unit ($27 variable and $11 fixed) to make a product that normally sells for $56. A wholesaler

Vladimir79 [104]

Answer:

It should accept the special order at the price of $36 as the total marginal cost will be $28.5 (27 variable cost + 1.15 shipping cost).

Explanation:

Special orders are accepted only if marginal revenue increases the marginal cost. Marginal cost is the total cost incurred to fulfill any order.

In the given scenario, since the Company already has adequate capacity and it will not incur any additional fixed cost, therefore the order can be accepted by taking variable cost in to consideration.

Marginal Revenue 36

Less: Marginal Cost

Variable Cost (27)

Shipping Cost <u> (1.15)</u>

Total Profit from Order <u> 7.85</u>

4 0

3 years ago

job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to

jeka94

Dfhtddffgvcdfgggvvcdcvbhhjjjjjjjjrr the Eder

6 0

3 years ago

In the late 1800s, Cecil Rhodes took the money he made from renting water pumps to miners and used it to buy up the claims of sm

Nimfa-mama [501]

Answer: Entrepreneurial ability

Explanation:

A. Capital in the business can be defined as the money invested for the operations of business to earn profits. Capital can be in form of any kind of money like shares and debt but a human can never be a capital.

B. Land can be defined as the capital investment of the business for the place where which the operations of the business will be maintained.

C. Entrepreneurial ability is the brain behind the business entity . In a business an entrepreneur is the person who collects capital, purchase land and maintains the operations.

D. Labor is the human capital invested in the business, that is, hiring of individuals for different types of operations.

Hence we can conclude that Cecil Rhodes played entrepreneurial ability.

7 0

3 years ago