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3 years ago

Why are conflicts of interests a problem in business?

1 answer:

3 0

Conflict of interest is a very big issue when it comes to business because it may cause wrong decisions. For example, you are business partners and each one of you have different interests and ideas, thus you will not be able to formulate better ideas and create a good business product. It is very important that in a business, you and your business partner must agree in 1 idea and push it through until it become a good product.

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Black Cat Corporation manufactures a product with the following full unit costs at a volume of 4,000 units: Direct materials $20

Snezhnost [94]

Answer:

Increase by $97,650

Explanation:

Increment Sale $247,500

(450 * $550)

Less Increment cost

Direct materials $90,000

(450 * $200)

Direct labor $36,000

(450 * $80)

Manufacturing overhead $20,250

(450 * $150 * 30%)

Administrative expenses $3,600 $149,850

(450 * $80 * 10%)

Profit will increase by $97,650

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3 years ago

Lynette received her bank statement for the month and she is now comparing it with the transactions that she logged in her check

Svetradugi [14.3K]

Answer:

C. Bank interest payment

Explanation:

Lynette will not compute the interests earned on his amount in his checkbook.

A banking fee will reduce the amount in the statement to the checkbook

A penalty exceeding transaction limit will also reduce the amount in the statement to the checkbook

ATM withdrawal not logged in the checkbook could also increase the check book figure and reduce the bank statement instead.

Thus the answer is C. Bank interest payment.

7 0

3 years ago

Percy gray, a professional nature photographer, is planning to buy a camera. recently, when he came across an ad in a magazine,

yuradex [85]

Percy Gray was focusing on the features of the camera. This would provide the intended output of a subject. Also, it would give versatility on taking pictures. Limited features cannot bring out better photo result. He learned that he would improve if himself gave that he has this kind of camera.

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3 years ago

The celebration of key accomplishments by chest bumps and the push-up contests reflected what level of organizational culture at

lesantik [10]

Answer:

Uber's Organizational Culture during former CEO Kalanick's tenure:

A. observable artifacts

Explanation:

Observable artifacts are the visible cultural manifestations prevalent in an organization, through which the organization's culture is expressed in tangible terms. A culture of casualness will become visible in the dress code and how people address one another by first names or surnames. Even the way products are displayed and offices are furnished reflect observable artifacts of an organization's deeper culture of acceptance and openness.

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3 years ago

If the Market Equilibrium Wage Rate is $105.00 and FC = $1500.00: A. The firm Shuts Down and hires no workers and loses $1500.00

Eduardwww [97]

Answer: B. The firm hires 45 workers and earns a $1200.00 Economic Profit

Explanation:

According to the table, when the Market Equilibrium Wage Rate is $105, the number of workers to hire would be 45 and the revenue would be $7,425.

If 45 workers are hired, they would cost:

= 45 * 105 per worker

= $4,725

Added to the fixed cost, the total cost would be:

= 4,725 + 1,500

= $6,225

The profit would be:

= Revenue - cost

= 7,425 - 6,225

= $1,200

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3 years ago