Explanation:
This question is imprecise, because the reason for the existence of business is to satisfy the needs of consumers, being characterized as an economic activity whose main objective is to generate profits.
Therefore, the economic needs of society are not met by companies at the expense of the suffering imposed on their customers, since the goods and services produced exist to satisfy the human needs necessary for a better quality of life.
It is also important to emphasize that, currently, there is a new interaction between company and consumer, where there is a much more direct relationship, where there is a social demand that companies be much more than just profitable entities, consumers expect companies to exercise a social role of contributing to the social and environmental development of the macroenvironment in which it is inserted. Therefore, a company that does not exercise corporate governance in the globalized world, has little conditions to remain in the market in the long run.
Answer:
The correct answer is b. income effect.
Explanation:
The income effect describes how the change in the price of a good can change the quantity that consumers will demand of that good and related goods, based on how the price change affects their real income.
Answer:
It factors GDP in relation to the country's population
Explanation:
The second option "It cannot be used to identify the country's economic expansion or contraction" is incorrect because GDP can be used to tell if the economy of a nation is healthy or if it is heading into recession. Also, GDP cannot tell you the profit of corporate oversea operations, neither can it tell you the profit earned by foreign companies operating within the country, it can only tell the value of all products and services that were produced in a country within a period. However, GDP per capita is a measure of the gross domestic product against the population of the country, and hence the correct option is that It factors GDP in relation to the country's population.
Answer:
Year Cash Flow Cumulative Cash flow Discounted Cash Flow(8.9%) 0 $5,095,000 $5,095,000 $453,455 1 $1,500,000 $3,595.000 $3,141,5452 $3,000,000 $ 595,000 $141,5453 $4,500,000 ($3,905,000) $3,4515454 $6,500,000ABC Hospital will get ROI in 3 years, this option I would recommend to the CEO.
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