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
andreyandreev [35.5K]
3 years ago
9

What are the ramifications for an organization if it is not compliant with legal mandates?

Business
1 answer:
astraxan [27]3 years ago
3 0

Answer and explanation:

Several effects could result in not following legal mandates for an organization. Lawsuits, penalties and fines, a decrease in reputation, and loss of opportunities are the most immediate. However, even if those consequences are obvious, some companies surpass legal regulations to avoid expenses that could reduce their revenue.

You might be interested in
How does real fingerprint analysis differ from the fingerprint analysis shown on television programs such as CSI?
Zolol [24]
Nowadays the FBI and all that take ink and put your finger prints in your file, but in CSI they just have your finger prints on the data base over the computer saved... Hope this helped!!
8 0
3 years ago
Read 2 more answers
Why is there a need to assess one's PECs in terms of characteristics,attributes,lifestyle,skills traits before starting a partic
Vladimir79 [104]

Answer:

Explanation:

PECs stands for <em>Personal Entreprenurial Competencies.</em>

It is important to evaluate them because they have a way of predicting how successful one would be in a particular business.

Some of these attributes include but are not limited to the following:

  • Ability to Influence other People: People here refer to customers, public and even staff.

  • Self-Confidence: Confidence in one's abilities is key for survival in any business or endeavour.

  • Persuasion: Persuasion goes hand in hand with influence and Self-Confidence. It's almost impossible to influence other people if ones does not have self-confidence or lacks the strategy to do so.

  • Efficiency Orientation: The best entrepreneurs known how to create value from little or nothing.

  • Problem Solving: This is one of the greatest skills of an Entrepreneur. The higher they go on this trait, the more their chances of success.

  • Information Seeking: This is not just about reading. It refers to ones ability to seek related intelligence within and outside of one's environment. Good intelligence contributes to great decision making.

  • Ability to spot and utilize Opportunities: This is two traits combined in one. Spotting opportunities is overrated. Ability to organise internal and external resources in order to translate such opportunities into value is priceless.

  • Grit: Also known as persistence. This is key and is required for any idea which is receiving efforts to come to fruition.

Cheers!

8 0
3 years ago
The following data were reported by a corporation: Authorized shares 24,000 Issued shares 19,000 Treasury shares 5,500 The numbe
Basile [38]

Answer:

13,500

Explanation:

Outstanding shares = issued shares - Treasury shares

19,000 - 5,500 = `13,500

Shares is a method through which firms raise capital.

Authorised shares are the maximum number of shares a company can issue to investors

Outstanding shares are the total number of shares sold to investors

Treasury shares are shares that have been issued and later repurchased by the company

Issued shares are the shares that a company issues

4 0
3 years ago
The following information pertains to Sooner Company's cash balance and bank reconciliation as of August 31: Company balance bef
MAXImum [283]

Answer: The correct cash balance for Sooner Company is "(C) $7,150."

Explanation: The balance of the company before the settlement was $ 5000. The data to take into account to adjust the differences are:

Notes collected by the bank $ 2,200

Service fee $ 50

<u>Therefore: 5000 + 2200 - 50 = $7150</u>

6 0
3 years ago
Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to
diamong [38]

Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.

learn more about Normal profit:

brainly.com/question/13800389

#SPJ1

5 0
1 year ago
Other questions:
  • 5-When a local auto repair shop sponsors a local softball​ team, it is using the​ _____ element of the promotional mix.
    5·1 answer
  • The money being made in a company.<br> A)Obsolesce <br> B)Solvency <br> C)Revenue <br> D)Debt
    11·1 answer
  • Based on the concept of service blueprinting, what is the "line of visibility?" select one:
    14·1 answer
  • Gnas Corporation's total current assets are $258,000, its noncurrent assets are $638,000, its total current liabilities are $192
    10·1 answer
  • How should the organization keep track of the number of candy bars ordered and the number sold​
    11·1 answer
  • I am not sure what to put on each line. I need help
    15·1 answer
  • g Jannusch Corporation makes one product. Budgeted unit sales for July, August, September, and October are 10,000, 11,600, 13,30
    15·2 answers
  • Where's the leak ma'am?
    7·2 answers
  • An employee can exclude from gross income the value of meals provided by his or her employer whenever: a.The meals are provided
    11·1 answer
  • The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts ex
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!