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kkurt [141]
3 years ago
5

An ethical manager is considering multiple investments for a firm. The different investments pay different amounts in 1 year. Wh

ich of the following investments should the manager choose:
A.) Pays the firm $500k and pays the manager $100k

B.) Pays the firm $100k and the manager $500k

C.) Pays the firm $400k and the manager $400k

D.) Pays the firm $700k and the manager $100k

E.) None of these answers
Business
1 answer:
valentina_108 [34]3 years ago
8 0

Answer:

The correct answer is E.

None of these answers

Explanation:

According to corporate and business ethics , one cannot make any income for self from business transactions.

A manager is an employee of the company, and according to the agency concept, manager is the agent of the company. He can make investments on the behalf of the company, if authorised to do so, in accordance with his employment contract. The company will be liable to remunerate the manager. It is the manager's fiduciary duty to act in the company's best interests, ahead of its personal interests. This situation is clearly a conflict of interest situation, where he should act in the company's interest, not in his personal interests. All of the options, except for E, will be satisfying his personal interests.

Option D may look ideal but it is also incorrect as the manager is still earning $ 100K. ideally manager should have zero income for investments made on behalf of firm if he goes by ethics.

Therefore none of the answer is correct.

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A local bagel shop produces two products: bagels (B) and croissants (C). Each bagel requires 6 ounces of flour, 1 gram of yeast,
irakobra [83]

Answer:

Consider the following calculations

Explanation:

Let X be Bagels and Y be croissants

Profit:

20X+30Y

Subject:

6X+3Y<=6600

1X+1Y<=1400

2X+4Y<=4800

Critical points are

(0,1400) , (800,600) , (1100,0)

So

Max at 0,1400 and P =4200

5 0
4 years ago
The quantity of coffee sold fell sharply last month, while the price remained the same. Five people suggest various explanations
RoseWind [281]

Answer:

Sam

Tereza

Andrew could be right, but it depends on the magnitude changes,

Explanation:

Lorenzo is wrong because if supply decreased and the demand was unit elastic, then the equilibrium quantity will fall but the price will increase.  

Neha is also wrong because a perfect inelastic supply is a vertical line parallel to the y-axis, then if this supply decreases (shifts to the left) the equilibrium quantity will decrease but the price will increase.  

Sam is right because a perfectly elastic demand is a horizontal line parallel to the x-axis. and if supply decreases (or increases) the price will remain the same but the equilibrium quantity will decrease ( or if demand increases, it will increase).  

Teresa is also right because a perfect elastic supply looks the same as a perfect elastic demand, then if demand decreases (or increases) price will remain the same and the equilibrium quantity will decrease (or if demand increases, it will increase).  

Andrew could be right but depends on the magnitude change in demand and supply. If both (supply and demand) decrease in the same proportion, the equilibrium quantity will decrease, and the price could remain the same. But, it depends on the magnitude shifts.

5 0
3 years ago
According to the article, which economic event sparked the decade-long economic crisis? the Nixon administration’s wage and pric
Free_Kalibri [48]
<span>a sudden increase in oil prices in 1973 </span>
6 0
3 years ago
Read 2 more answers
As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
kiruha [24]

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.

Question 5: (i) The profits for San Consulting will decline

(ii) The profit will rise because employee will focus more on their specific tasks.

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.

4 0
3 years ago
Change happens within people, but it also happens in how businesses are organized to address their hrmt440
Ivenika [448]
Ummm qa buisness you choose
4 0
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