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
Leviafan [203]
3 years ago
9

hile giving her students a physics exam, Professor Thompson noticed that Jack, one of her students who has been struggling with

the course material, appeared to be copying answers from Graydon, one of the best students in the class. She decides that she should compare their answers when the class period is over before deciding what to do about the situation. In which phase of the ethical decision-making process is Professor Thompson?
Business
1 answer:
vlada-n [284]3 years ago
4 0

Answer: Gathering information

Explanation: Ethical decision making involves evaluating and choosing among different options in a way that is consistent with ethical principles. The best way to do this is to eliminate the unethical choices and choose the best alternative option.

There are various steps involved in this process. These are listed below:

1. Gather info

2. Define the ethical problem

3. Identify the parties that are affected

4. Identify the consequences

5. Identify the the principles

6. Evaluate the options

7. Choose the best option

8. Implement the decision

Professor Thompson has decided to wait until the class period ends, take both tests and compare their answers. After that she will decide what to do about the situation. Professor Thompson has thus entered the first step, which is to gather information. She doesn't want to jump to conclusions without gathering all the facts, so she is going to acquire as much info as she can about the situation before continuing. All these points add to the fact that Professor Thompson is entering the first step towards making the best ethical decision.

You might be interested in
As of December 31, 2018, Moss Company had total cash of $160,000, notes payable of $86,000, and common stock of $52,800. During
tatyana61 [14]

Given:

Total cash = $160,000

Notes payable = $86,000

Common stock = $52,800

Find:

Retained earnings as on December 31, 2018

Computation for retained earning:

According to Accounting Equation:

Assets = Liabilities + Stock holder equity

Total Cash = Notes payable + Common stock + Retained earning

$160,000 = $86,000 + $52,800 + Retained earning

$160,000 = $138,800 + Retained earning

Retained earning = $160,000 - $138,800

Retained earning = $21,200

6 0
3 years ago
Binder Corp. has invested in new machinery at a cost of $1,450,000. This investment is expected to produce cash flows of $640,00
lina2011 [118]

Answer:

2.12 years

Explanation:

The calculation of the payback period is given below:

<u> Year           CF             Cumulative CF </u>

0         $(1,450,000)       $(1,450,000)

1            640,000            (810,000)

2           715,250            (94,750)

3           823,330           728,580

4           907,125           1,635,705

Now payback period is  

= 2 + ($94,750 ÷$823,330)

= 2.12 years

7 0
3 years ago
Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, what similari
Sergio039 [100]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Although today’s Modern economy looks much different compared to our earlier Colonial and Civil War-era economies, the similarities I still see in terms of trade partners, use of environmental resources, government regulation, and type of goods/products sold are the following.

Businesses are still business no matter the time in history. They are created to make profits.

Businessmen are greedy most of the time, like in the past. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.

This can be shown in politics, in the economy, and in business. Of course, this can be seen in trade and in foreign affairs.

Social costs should be important but are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.

To this day, businesses are driven by money, power, and control, and these have been teh causes of major differences between companies, states, individuals, and countries.

6 0
3 years ago
Lorenzo Company uses a job order costing system that charges overhead to jobs on the basis of direct materials cost. At year-end
damaskus [11]

Answer:

a. Overhead Rate = 0.34

b. Direct Labour Cost = $53,820

Explanation:

a.

Overhead Rate based on direct materials is calculated as overhead cost/direct material cost

Overhead Cost = $612,000

Direct Materials Cost = $1,800,000

Overhead Rate = $612,000/$1,800,000

Overhead Rate = 0.34

b.

Given

Total cost of job in process = $90,000

Material Cost of job in process = $27,000

Overhead Applied = $9,180 (0.34% * $27,000)

Direct Labour Cost = Cost of job in process - Material Cost - Overhead Applied

Direct Labour Cost = $90,000 - $27,000 - $9,180

Direct Labour Cost = $53,820

8 0
3 years ago
Jim and Joan owned a farm which produced fruits and vegetables for sale. The farm was located in a heavily populated area. Every
Dahasolnce [82]

Answer:

Highest and best use

Explanation:

The highest and best use principle explains the probable as well as reasonable and legal use of lands that are vacant as well as improved property. This property or land must be financially feasible and be supported appropriately so that the result gives highest value.

6 0
3 years ago
Other questions:
  • A new car has an msrp of $26,550, and it comes with a sport package priced at $1500, a navigation package priced at $400, and a
    15·2 answers
  • In order to craft effective business messages, beginning writers should follow the writing process closely. The first step in th
    15·1 answer
  • Baltimore Products has an estimated practical capacity of 90,000 machine hours, and each unit requires two machine hours. The fo
    8·1 answer
  • Johnson Electronics is considering extending trade credit to some customers previously considered poor risks. Sales would increa
    13·1 answer
  • Competitive advantage is: Easily duplicated by competitors Having a super idea The aggregation of factors that sets the small bu
    6·1 answer
  • Transactions Falcon's Related Account 1. Falcon purchases common stock of Wildcat. Investment2. Falcon borrows from Wildcat by s
    10·1 answer
  • Wenlowe Company had the following income statement for the most recent year:
    9·1 answer
  • Folio Company estimates total manufacturing overhead costs to be $80,000 for the year and estimates direct labor hours to be 4,0
    13·1 answer
  • Write an essay on the industry on which you want to focus. Research and discuss the kinds of
    12·1 answer
  • Larry’s Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $42,000 per year forever.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!