A <u>Distributive justice</u> is the principle that dictates that managers should receive a raise in pay based upon their contributions to the organization, and not based on their gender.
<h3>What is the
Distributive justice?</h3>
It is a principle that is mainly concerned with the fair allocation of resources among the diverse members of a community; the fair allocation takes into account the total amount of goods to be distributed, distributing procedure and the pattern of distribution that results as well.
In an organization setting, the principle occurs when all employees believe that outcomes are equitable, that is, the outcomes are either tangible such as pay or intangible such as positive feedback.
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Answer:
the patent amortization expense for the year 2021 is $231,000
Explanation:
The computation of the patent amortization is shown below:
= (Acquired value of the patent - ending value) ÷ legal life
= ($4,800,000 - $180,000) ÷ 20 years
= $231,000
We simply applied the above formula so that the correct value could come
Hence, the patent amortization expense for the year 2021 is $231,000
Answer:
So answer is $441,000
Explanation:
Budgeted direct labour cost = Budgeted production units in june*Labour hour per unit*rate per hour
= 28000*1.5*10.50
Budgeted direct labour cost = 441000
Answer:
C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle
Explanation:
At first glance, it is easy to identify that alternatives A and C are antagonistic meaning that one or the other must NOT be true.
Cash conversion cycle (CCC) describes the amount of days a company requires to convert its investments into cash flows from sales.
Production Cycle and Collection Cycle are both related to assets and thus are positive in the equation for the CCC. The payment cycle is a liability and therefore must be taken as negative in the equation.
The alternative C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle is NOT true
Because not all resources are equally well suited to producing both consumer and capital products, the production possibilities frontier would probably be reached.
What is Economy?
A territory with an economy is one where goods and services are produced, sold, traded, and used. It is generally accepted that it is a social domain that emphasises the actions, conversations, and outward expressions related to the production, use, and management of finite resources. The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources. These elements set the guidelines and conditions that govern how an economy functions in addition to giving background and substance. To put it another way, the economic sphere is a social area made up of interconnected human interactions and behaviours that are dependent on one another.
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