When the board of directors thus weigh both the options to see which would cause them less inconvenience, the board of directors face ethical dilemma.
<h3>What is ethical dilemma?</h3>
An ethical dilemma can be regarded as some kind of challenges that the management of an organization do face whenever they involves in decision-making process.
This usually happen when they are found themselves in between two possible options that requires logical thought to handle.
Learn more about ethical dilemma here:brainly.com/question/3838938
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ACE will end the contract. The home owner may be charged for default.
Answer:
The answer is below
Explanation:
The three objectives that guide pricing strategies for business owners are:
1. Ensuring the product is accepted
2. maintaining market share as the competition grows
3. Reaping profits.
Among these three objectives, the one that is associated with a
1. slSkimming pricing policy is "Reaping Profits." This is because skimming pricing policy is means of charging higher prices on the commodities at an early stage, and then reduce the prices later in the production life.
2) Penetration policy is "Ensuring the product is accepted." This is because Penetration policy is a means of charging lower prices on the commodities at the early stage of production, and then increase the prices later in the production life.
Answer:
$15,699.54
Explanation:
The computation of the account balance after 10 years from today is shown below:
= Future value of amount deposited today × (1 + interest rate)^number of years + Future value of amount deposited two years × (1 + interest rate)^number of years + Future value of amount deposited three years × (1 + interest rate)^number of years
= $1,300 × (1 + 8.1%)^10 + $3,200 × (1 + 8.1%)^8 + $4,000 × (1 + 8.1%)^7
= $2,832.70 + $5,966.99 + $6,899.85
= $15,699.54
The economist's analysis in the scenario painted above incorporates the idea of OPPORTUNITY COST.
Opportunity cost refers to a value or a benefit which must be given up in order to enjoy or acquire another benefit. Because resources are scarce, one always has to make decision about how to use one's resources efficiently. In the scenario given above, Joe had the opportunity to put his money in a fixed deposit account or to use it to buy gold coins; he choose the latter given up the former. Thus, the former, which he gave up is his opportunity cost.<span />
