All categories

3 years ago

Milton Friedman argues that businesses:

Business

1 answer:

devlian [24]3 years ago

8 0

Answer:

A . Should avoid social responsibility whenever it is possible to do so.

Explanation:

Under the shareholder theory as suggested by Milton Friedman, a corporation should not engage in any type of philanthropy, since that is not its purpose. Instead, the corporation can deliver dividends to its shareholders, who then have the option to donate the money for philanthropic purposes, if they choose to do so.

You might be interested in

When it comes to distribution what is the least expensive route when getting the product from the manufacture or farmer to the u

Nezavi [6.7K]

<h2>Direct distribution is one of the least expensive route to access customer directly</h2>

Explanation:

Direct distribution is one the method which does not involve any intermediaries.
They do not have dealers, sub-dealers, etc to reach the customer with the product.
Online shopping enables direct distribution
Since direct distribution does not involve intermediaries, it can reach customer more quickly and the cost is also less.
Whereas when the product is reached through indirect distribution, then we have to spend amount on transport to reach product to dealers, then dealers spend money to sub-dealer and so on.

5 0

3 years ago

What actions could employers and government take to encourage saving in society?

notsponge [240]

They can set good examples of people who practiced savings and the result it gave them. Provide seminars of the results and actual computation of savings through targeted years and the possible assets that they may possess through savings. It can also help them avoid some financial problems that they might encounter.

3 0

3 years ago

arris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S

Komok [63]

Answer:

$12,500

Explanation:

Absorption costing consider all the cost incurred in production either variable or fixed as production cost and all the operating costs as the period costs. It calculates the gross profit after deducting the cost of goods sold from the net sales and net income after deduction the operating costs from the gross profit.

First of all we need to calculate the product cost.

Manufacturing cost

Direct materials $19

Direct labor $61

Variable manufacturing overhead $7

Fixed manufacturing overhead $15

($135,000/9,000)

Total Product cost $102

Now We will calculate the Net Income

Sales (8,600 x $116) $997,600

Less: Cost of goods sold (8,600 x $102) $877,200

Gross Profit $120,400

Less:

Variable selling & admin expense $99,000

($11 x 9,000)

Fixed selling and admin expense $8,900

Net Income $12,500

6 0

3 years ago

A company must be concerned about the creation of communication harmony. Nike uses the slogan "Just Do It." Consumers see this b

REY [17]

Answer:

Integrated marketing communications.

Explanation:

Integrated marketing communication is a technique used by companies to create a linked form of communications and messages. Talking in simple terms, integrated marketing communications help firms to integrate their all promotional tools and ensure that all tools work in harmony with each other.

Nike is an example of a company using the technique of integrated marketing communications.

By using the slogan 'Just do it' in all of their promotional tools, the company is ensuring harmony in all of its tools.

Therefore, integrated marketing communications is the correct answer.

8 0

3 years ago

Cross references should be prepared for business names when

Paraphin [41]

There are numerous reasons why business names should be cross referenced. Some of the reasons are the business has an unusual name, compound names, and names with abbreviations and acronyms. The business may of also changed it's name,has a popular/coined names, and there may be subsidiaries and divisions of the business.

6 0

3 years ago