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Nadya [2.5K]
3 years ago
6

Although scott, an african american, was more qualified than bernardo, a hispanic american, bernardo was hired instead of scott

because the owner believed that hispanic americans are better workers than african americans. denying scott the job is an example of:
Business
1 answer:
zalisa [80]3 years ago
6 0
This is an example of discrimination.

Discrimination refers to unequal or unfair treatment or behavior towards individuals belonging to a certain race, gender or social group. Discrimination typically stems from prejudices- unfounded and often untrue negative generalizations and beliefs about individuals belonging to a certain group, social class, race or gender. 
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The concept of economic profit is used for making a decision between your two _______ options. Earning zero economic profit is n
tigry1 [53]

Answer:

The concept of economic profit ....... <u>alternative</u> two options.

If economic profit is positive .......... <u>Current </u>option.

If economic profit is negative............ <u>Other </u> option

Explanation:

Economic Profit is the excess of revenue associated with an option, over its costs (explicit external & implicit opportunity costs).

Example : Revenue - Direct explicit cost of production - opportunity cost (like interest on money invested, salary of job left foregone).

The concept is used to make decision between two<u> alternative</u> options. Given, zero economic profits imply indifference.

Positive Economic Profit implies - one should choose<u> Current </u>option, as it will make <u>Better off </u>, having more benefit than other option

Negative Economic Profit implies - one should choose <u>Other </u> option, as it wil make better off, having more benefit than the former considered option.

8 0
3 years ago
When assessing the creditworthiness of new entrepreneurs, lending institutions review the “Five C’s”. The ability of the entrepr
Serhud [2]

Answer: Financial Capacity or credit capacity

Explanation:

The ability to repay refers to an individual's financial capacity to make good on a debt. By definition, credit capacity refers to how much credit you are able to handle. In deciding whether you qualify for a particular loan, your income is considered along with any other expenses and debts you may have.

Many lenders have a minimum credit score requirement before an applicant can be eligible for a new loan approval. Minimum credit score requirements will vary from lender to lender and from one loan product to the next. The general rule is the higher a borrower's credit scores, the higher the likelihood of receiving an approval. Lenders also regularly rely upon credit scores as a means for setting the rates and terms of loans. The result is often more attractive loan offers for borrowers who have good-to-excellent credit.

4 0
3 years ago
True or false the risk premium is primarily concerned with business risk, financial risk, and inflation risk.
Nikitich [7]
The answer is true .
7 0
4 years ago
Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Material
Alisiya [41]

Answer:

<u>Cost of goods manufactured statement for March</u>

Direct labor                                                     $3,500,000

Materials                                                           $2,683,100

Indirect labor                                                      $320,000

Machinery depreciation                                     $210,000

Heat, light, and power                                        $175,000

Supplies                                                                $34,900

Property taxes                                                      $30,000

Miscellaneous costs                                             $45,700

Add Opening Work in process Inventory         $435,900

Less Closing Work in process Inventory          ($510,400)

Cost of goods manufactured                          $6,924,200

Explanation:

Prepare a Raw  Materials T - Account to determine the cost transferred to Manufacturing Account for Raw Materials.

Raw Materials T - Account

Debits  :

Opening Balance                                       $210,000

Purchases                                               $2,666,200

Totals                                                       $2,876,200

Credits :

Closing Balance                                          $193,100

Materials transferred to Production       $2,683,100

Totals                                                       $2,876,200

6 0
3 years ago
Refers to the work processes associated with shortening the time of delivering a product or service
NARA [144]
The term that is being described above is EXPEDITING. From the term itself, expedite means to a process of making something happen sooner or immediately. When it comes to business, expediting is a term that refers to the management of purchases wherein the products are being delivered and arrived in a timely fashion while maintaining its quality.
7 0
3 years ago
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