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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.

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Which of the following makes it more difficult for an incumbent to successfully engage in limit pricing? Multiple Choice Complet
kirill115 [55]

Answer:

Complete information

Explanation:

A limiting pricing can be described as a strategy that is employed by an incumbent to prevent entry by maintaining a price lower than the monopoly price.

In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.

7 0
3 years ago
Suppose your foreign government, threatened with bankruptcy, decided to tax the interest income on its own bonds as part of an e
jarptica [38.1K]

Answer:

a. You would expect the yields to rise due to increased default risk.

c. You would expect the yields to rise to compensate investors for the loss of the tax-exempt status.

Explanation:

The foreign government is threatened with bankruptcy which means that the government might be unable to pay their bond obligations. This means that the risk of default has now increased and so yields will rise as a result of this.

Tax exempt bonds like Municipal bonds generally have lower yields because of their tax savings. If the Government was to impose taxes on previously tax exempt bonds, people would be getting less and so would have to be compensated for this loss by increased yields.

3 0
3 years ago
Culver Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operat
lana66690 [7]

Answer:

Income after discontinuing operations from both departments 1 and 2 is greateri.e.  $ 207 444 than income after discontinuing operations from  department 1 . i.e.  $ 172964

Explanation:

Option 1:

If the 1st division is discontinued. 50 % of the fixed costs and expenses will continue and included in irrelevant costs.

Culver Company

Income Statement

For the 1st Quarter 2017

Division                            II                 III                IV                 Irrelevant Costs

Sales                        $198,000     $499,000      $446,000

Cost of G. Sold           191,000        298,000        254,000

V. COGS                        90 %             80 %               74 %

V.COGS                    171,900        238,400        187960

FIxed COGs                19,100          59600           66,040         30690

Selling &

Administrative Exps       63,000        63,000          46,000

Var. S& Admin Exps.       62%                 52%              58%

Var. S& Admin Exps.       39060           32760         26,680

Fixed S.& Admin Exps  23940          30240         19320          24346

Income (loss)         $ (56,000)    $138,000     $146,000        

Total Income =      $ (56,000)+$138,000+$146,000-30690- 24346      

Total Income=  $ 172964

Option 2:

If  both the 1st  and 2nd division are discontinued. 50 % of the fixed costs and expenses are added under the section II.

Culver Company

Income Statement

For the 1st Quarter 2017

Division                            II                 III                IV                 Irrelevant Costs

Sales                                          $499,000      $446,000

Cost of G. Sold                           298,000        254,000

V. COGS                                         80 %               74 %

V.COGS                                        238,400        187960

FIxed COGs                9,550          59600           66,040         30690

Selling &

Administrative Exps                      63,000          46,000

Var. S& Admin Exps.                      52%              58%

Var. S& Admin Exps.                         32760         26,680

Fixed S.& Admin Exps  11970          30240         19320          24346

Income (loss)                                    $138,000     $146,000    

Total Income =      $138,000+$146,000-30690- 24346-  9,550 - 11970    

Total Income=  $ 207 444

We calculate the fixed and variable costs by multiplying with the given percentages and subtracting it from the total .

Culver Company

Income Statement

For the 1st Quarter 2017

Division                             I               II                 III                IV

Sales                     $250,000   $198,000     $499,000      $446,000

Cost of G. Sold       198,000     191,000        298,000        254,000

V. COGS                 69 %             90 %             80 %               74 %

V.COGS                136,620         171,900        238,400        187960

FIxed COGs         61,380            19,100          59600           66,040

Selling &

Administrative Exps 74,900       63,000        63,000          46,000

Var. S& Admin Exps.  41%            62%                 52%              58%

Var. S& Admin Exps. 30,709       39060           32760         26,680

Fixed S.& Admin Exps  48691      23940          30240         19320

Income (loss)       $ (22,900)     $ (56,000)    $138,000     $146,000

3 0
4 years ago
Keynesian economics argues for the use of _____ policy to stabilize the economy.
slavikrds [6]

Answer:

Keynesian economics argues for the use of active government policy to stabilize the economy.

Explanation:

In order to alleviate or avert economic recessions, Keynesian economics places a strong emphasis on the employment of proactive government policy to control aggregate demand. Keynes contended that lengthy periods of high unemployment might result from a lack of general demand. Consumption, investment, government purchases, and net exports are the aggregate of four factors that determine an economy's amount of goods and services.

8 0
2 years ago
What other cost categories are not reflected in the budget above? And how much do you estimate they will cost
BaLLatris [955]

The correct answer to this open question is the following.

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

The other cost categories that are not reflected in the budget above are the following.

Monthly internet subscription, recreational center, laundry, school expenses, entertainment, home supplies, and drugstore. (which include, cream, shampoo, soap, toothpaste, etc.)

And how much do you estimate they will cost?

Monthly internet subscription $15

Recreational Center $25

Laundry $30

School expenses  $20

Entertainment $100

Home supplies $25

Drugstore (which include, cream, shampoo, soap, toothpaste, etc.)  $50

The key here is not only to have a good budget but respect it and follow through. Otherwise, you will have problems at the end of the month trying to make ends meet.

3 0
3 years ago
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