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Delicious77 [7]
3 years ago
6

Sadie hires a new manager. In a couple of weeks, she receives reports that the new manager often plays favorites and does not ac

t in a trustworthy manner. However, since Sadie was the one to hire the new manager, she overlooks these flaws because acknowledging them would reflect that she made a hiring mistake. In this scenario, Sadie's behavior reflects which concept?
Business
1 answer:
gogolik [260]3 years ago
5 0

Answer:

The correct answer is motivated blindness.

Explanation:

Ethical blindness is a psychological phenomenon derived from what is known as: motivated blindness. It is that people see what they want to see and easily lose sight of conflicting information when it is in their interest to remain ignorant. The conflict of interest has a lot to do with this phenomenon. For example, if in the same work team - in any direction - the director maintains a personal relationship with a collaborator, the mistakes she makes will tend to minimize them against mistakes of other team members.

Both moral silence and ethical blindness are widespread phenomena within our corporate culture, and unfortunately they only manifest themselves when there is fraud within the company or a problem that affects the image of the company.These usually grow especially when the company You are succeeding and reaching your strategic and financial goals. Top management should focus more on these phenomena not only for an ethical duty issue but for proper risk management within the organization.

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Saran Company has contacted Crane with an offer to sell it 5,100 of the wickets for $16 each. If Crane makes the wickets, variab
Natasha2012 [34]

Answer:<em><u>Crane should buy the wicket as it result in saving of $ 1100</u></em>

Explanation:

Given:

Quantity = 5,100

Price = $16

Variable cost = $14 per unit

Fixed costs = $8 per unit

Buying Cost = 5100 * 16 = $ 81,600

Making Cost = Variable Costs + Avoidable Fixed Costs

Making Cost  = 14 * 5100 + (8 - 5) * 5100 = $ 86,700

Crane should buy the wicket as it result in saving of $ 1100 ($86,700 - $81,600).

4 0
3 years ago
consider your decision to read this textbook on economics. identify which of the four core principles of economics is most relev
Verizon [17]

The four core principles of economics that  is most relevant for each aspects of that decision are:

  • scarcity
  • supply and demand
  • costs and benefits
  • incentives

<h3>What are the core principles of economics?</h3>

Scarcity can be regarded as the  economic concept  which serves as the basic fact of life that there exists only a finite amount of human and nonhuman resources .

Supply and demand  serves as the  economic model of price determination that is bee used in the  market and it seen  in a competitive market, the unit price for a particular good, .

Learn more about economics from

brainly.com/question/17996535

#SPJ1

7 0
1 year ago
Pam is in need of cash right now and wants to sell the rights to a $1,000 cash flow that she will receive 5 years from today. If
Virty [35]

Answer:

Fair price =$635.23

Explanation:

<em>Th fair price that he should be willing to pay is the present value of the $1000 expected in 5 years time.</em>

<em>Present value (PV) is the worth today if a future amount is discounted at a particular rate of interest.</em>

PV = FV × (1+r)^(-n)

PV - present value = ?

FV -Future value - 1000,

r- discount rate - 9.5%,

n - future date - 5

PV = 1,000 × (1.0950^(-5)

PV = 1,000 × 0.6352

PV =635.2276653

Fair price =$635.23

8 0
3 years ago
For June, Gold Corp. estimated sales revenue at $400,000. It pays sales commissionsthat are 4% of sales. The sales manager's sal
bogdanovich [222]

Answer:

The budgeted selling expenses for the month of July is $220,000

Explanation:

The computation of the budgeted selling expenses are shown below:

= Sales commission + sales manager's salary +  shipping expenses +  miscellaneous selling expenses

where,

Sales commission = Sales × commission percentage

                              = $400,000 × 4%

                              = $16,000

Shipping expenses = Sales × expenses percentage

                                = $400,000 × 1%

                                = $4,000

The other expenses amount would remain the same

Now put these values to the above formula  

So, the value would equal to

= $16,000 + $190,000 + $4,000 + $10,000

= $220,000

8 0
3 years ago
The federal government is concerned about obesity in the United States. Congress is considering two plans. One will ban the prod
ddd [48]

Answer:

The junk-food ban will reduce the quantity of junk food sold and raise the price. The education program will reduce the quantity of junk food sold and lower the price

Explanation:

4 0
3 years ago
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