If a company strictly complies with existing laws, the firm will fulfill all business ethics obligations.
<h3>What is ethical obligation?</h3>
It should be noted that ethical obligation simply means re things that are expected by a company to do regarding ethics in the organization.
In this case, when a company strictly complies with existing laws, the firm will fulfill all business ethics obligations.
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Answer: 18.8%
Explanation:
Simple rate of return on investment = Incremental net operating income / investment
Incremental net income = Operating savings - Annual cost
= 145,000 - 420,000/6 years
= $75,000
Net investment = Cost of new machine - salvage value of old
= 420,000 - 21,000
= $399,000
Return on investment = 75,000/399,000
= 18.8%
Answer:
See below
Explanation:
1. Entrepreneurs Add to National Income
Entrepreneurship creates new businesses that focus on making profits. These ventures employ people who earn directly or indirectly from them. The new incomes add to a country's GDP. Consequently, the government collects higher revenues through taxation, which it uses for national development.
2. Entrepreneurs Create Social Change
Though innovations and creativity, entrepreneurs introduce new products and services and easier ways of doing things that improve life's quality. For example, the advancement of internet technology has created many job opportunities while still making it possible for others to work and earn a living remotely.
3. Community Development
Through Corporate social responsibility programs, entrepreneurs play a significant role in community development. Corporates globally have funded projects that provide communities with essential services: water projects, schools, hospitals, and clean environments that have been financed by entrepreneurs.
D,all of the above.. to be amixed economy it needs to have them all.
