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LiRa [457]
3 years ago
11

Echo Air Company (EAC)Echo Air Co. is a well-known establishment in the airline business. It is currently one of the top firms i

n the industry. The company prides itself on good customer service and being concerned with the broader societal good. EAC management is not only concerned with doing things right, but also with doing the right things. Many of their decisions reflect this philosophy. Initially, the company had a problem with employees reporting their suspicions about unethical behavior to the press instead of to EAC management.
As a result, the company made sure its employees knew the firm's guidelines on fixing ethical issues. EAC also developed a code of conduct based on standards that continue to be upheld within the company. Since the code of conduct has been put in place,there have been fewer ethical violations.Although employee salaries at EAC are not as high as those at competing firms, the company experiences very low employee turnover. The firm has created a corporate culture that not only makes its employees want to stay, but that also results in higher profits.
If EAC can maintain the relationship it has built with its employees and customers, it will have little difficulty keeping up its remarkable success. ​ Refer to Echo Air Company. Initially, employees were not willing to go to EAC management with ethical issues but would instead report them to the press.

This is an example of :A. whistle-blowing.B. a social audit.C. poor employees.D. opportunity emptor.E. a narc.
Business
1 answer:
Katarina [22]3 years ago
4 0

Answer:

A. whistle-blowing.

Explanation:

Whistle-blowing occurs when an employee exposes information of wrong-doing, unethical practice, or illegal actions. The information released can either be to internal authorities or it can be released to external parties.

When an employee does not have confidence that appropriate action will be taken on the information provided, employees tend to go to external parties with the information.

This was the case with EAC above where the staff were going to the press. EAC now set up a whistle-blowing framework that increased employee confidence and reduced turn-over.

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The fish in the river are consideredrival in consumption andexcludable whereas the fish in the private pond are and . In other w
Paladinen [302]

Answer:

... whereas the fish in the private pond are <u>rival in consumption</u> and excludable.  

... the fish in the river are an example of <u>common resource</u>, and the fish in the private pond are an example of <u>private good.</u>

<em>* the first sentence is wrong, the fish in the river are nonexcludable since anyone can fish on the river, or at least try to.</em>

Explanation:

If a good is rival in consumption, it means that if one person consumes it, it will lower the ability of another person to consume the good.

If a good is excludable, ten it can only be consumed by those that are willing and able to pay for it.

When a good is both nonexcludable and rival in consumption, it s a common resource.

A private good is both rival in consumption and excludable

5 0
3 years ago
A 30-unit income-producing property has a sales price of $9 million. Annual gross income is estimated at $750,000. What's the gr
Cloud [144]

Answer:

12

Explanation:

Given that,

Sales price = $9 million

Estimated annual gross income = $750,000

The gross income multiplier is defined as the ratio of sales price to its effective gross income.

Therefore, the gross income multiplier is calculated as follows:

= (Sales price ÷ Estimated annual gross income)

= $9,000,000 ÷ $750,000

= 12

8 0
3 years ago
Which of the following elements of a process most directly impacts or affects process capabilities? Multiple Choice Activities I
Charra [1.4K]

Answer:

The correct answer is letter "C": Process Structure.

Explanation:

The process capabilities are directly affected by the Process Structure. The Process Structure includes the infrastructure a company counts on for handling businesses. Facilities, equipment, and locations determine how the business will be handled and at what scale.

8 0
3 years ago
JTL has 148,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurcha
MrRissso [65]

Answer:

A tender offer.

Explanation:

This is simple explained to be the offer put to place to execute a work or even services for a said/given price. These offers are typically said to be done publicly; shareholders in some cases a been put to place to sell their shares for a specified price and within a particular window of time. Target sales orders which are been tabled/offered are been usually placed at certain premium value which are effective in market price and is often contingent upon a minimum or a maximum number of shares sold. In many other cases, tender are seen to be in security forms or other non-cash alternatives are offered in exchange for shares.

3 0
3 years ago
During 2019, Globe Life Corporation had following transactions affecting stockholders' equity: a. Feb. 1 Repurchased 230 shares
natali 33 [55]

Answer:

The requirement of question is prepare journal entries for each of above transaction; It is assumed that par value of each share is $1

Explanation:

Feb 1.

Common Stocks  230*1                           Dr.$230

Paid in capital in excess of par 230*(22-1)  Dr.$4,830

Cash 230*22                      Cr.$5,060

b. Jul 15

Cash 130*23    Dr.$ 2,990

Common Stocks 130*1     Cr.$130

Paid in capital  in excess of par 130*(23-1) Cr.$2,860

c.Oct 1

Cash 100*21             Dr.$2,100

Common Stocks 100*1            Cr.$100

Paid in Capital in excess of par 100*(21-1) Cr.$2,000

5 0
2 years ago
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