All categories

3 years ago

The role of the CEO in setting the ethical tone for a company is:

Business

1 answer:

Ray Of Light [21]3 years ago

7 0

Answer: Option (C) is correct

Explanation:

CEO is known as the highest-ranking official in an organization, his/her primary responsibilities tend to include making corporate decisions, also managing overall resources and operations of an organization, thereby acting as liaison between board of directors and the corporate operations and also being public face of an organization. The ethical responsibilities of a CEO includes establishing great ethical standards, precisely communicating these standards and thus demonstrating strong and personal commitment to each and every one of them.

You might be interested in

At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, what should the monopol

Eduardwww [97]

At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, the monopolist should keep the price at same level in order to maximize profits.

For increasing the profits the monopolist should increase the marginal revenue to $8 so that the mr =mc.

Every firm follows the rule of profit maximization. In this rule marginal cost is equal to the marginal revenue and the MR intersects the MC curve the profit will be the maximum at this level.

The marginal cost of production and marginal revenue are the economic measures which are used to determine the amount of output and the price per unit of a product that will maximize profits.

To know more about marginal revenue here:

brainly.com/question/13383966

#SPJ4

6 0

2 years ago

A _____ is an announcement that promotes a program of a federal, state, or local government or of a nonprofit organization.

telo118 [61]

Answer:

c. public service advertisement

Explanation:

Public service advertisement -

It is a type of message or a piece of information to spread for public interest with out any charge , the main focus behind this message , is to create awareness , and to mold the attitude of people towards any social aspect of the country .

Hence , the correct term for the given statement is c. public service advertisement .

8 0

3 years ago

Oscar's Flower Shop maximizes profits by hiring four workers in a perfectly competitive labor market. The workers and their valu

MissTica

Answer: A. In equilibrium, each worker is paid is or her value of marginal product of labour.

Explanation:

Marginal productivity of income distribution refers to the additional revenue derived from the marginal unit of product produced and that wages should be equal to the marginal revenue derived from the production of additional or marginal product and this is achieved at equilibrium.

The theory also implies that workers should not be paid below or above the marginal revenue derivable from marginal product which implies they cannot be paid $15 or $40, moreover the product price is not a determinant of wages rate.

7 0

3 years ago

On January 1, Kirk Corporation had total assets of $864,000. During the month, the following activities occurred: Kirk Corporati

Whitepunk [10]

Answer:

The amount of total assets of Kirk Corporation at the end of the month is $ 871,400

Explanation:

Total assets at January 1 = $864,000

Equipment purchased = $ 7,400

Supplies purchased = $ 3,640

Cash paid for supplies = $ 3,640

Cost of land sold = $16,400

Cash received from Land sold = $16,400

Therefore total amount of cash out = $ 16,400 + $3,640 = $ $20,040

Total amount of cash in = $ 7,400 + $ 3,640 + $16,400 = $27,440

Amount of total assets at the end of the month = $864,000 + $27,440 - $20,040 = $ 871,400

4 0

3 years ago

Alicia is interested in purchasing a set of ear buds to use with her laptop and smartphone. She visits best buy and notices that

alex41 [277]

She decides to purchase the beats brand because she believes it’s a higher quality set. In this case, alicia has been influenced by the Informative effect of price.

<h3>Information effect of price.</h3>

Consumers tend to use the information about the price of a product to ascertain its Quality. The is basically because the perception of quality is usually indicated by price.

Here, Alicia buying the beats brand even thogh it costs higher than the skullcandy model shows that she is using the information effect of price making her to perceive the beats brand as having higher quality.

Learn more on Information effect of price: brainly.com/question/7930369

8 0

2 years ago