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V125BC [204]
3 years ago
11

The business case for an ethical strategyA) relates to the company's business model and business-level strategy.B) must be artic

ulated by the company's senior managers and reinforced by pronouncements from the board of directors.C) starts with managers who understand there is big difference between adopting values statements and codes of ethics that serve merely as window dressing and those that truly paint the white lines for a company's actual strategy and business conduct.D) emphasizes that pursuing unethical strategies not only damages a company's reputation but can also have costly consequences that are wide ranging.E) can be effectively made by executives subscribing to the damage control approach to managing a company's ethical conduct.D) emphasizes that pursuing unethical strategies not only damages a company's reputation but can also have c
Business
1 answer:
UkoKoshka [18]3 years ago
6 0

Answer:

The correct answer is option D.

Explanation:

The ethical principles in business are not much different from the ethical principle in general. They are not separately based on some other special rules to judge business conduct. They are judged from the society's perspective of right and wrong.

There are two schools of ethical principles, namely, ethical universalism and ethical relativism. Universalism believe that the concept of right and wrong are universal. While, on the other hand, relativism school believes that they vary according to local customs.

Though universal ethical principles from different societies form a kind of informal contract that all individuals and organizations have to follow.

Failure to observe these principles not only corrode company's reputation but have also other adverse effects and costs involved.

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It's termed the Exclusive right to sell

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Use the Mutlilevel List Icon

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3 years ago
Which journal entry reflects the following transaction?:
Grace [21]

Answer:

The correct answer is Option A.

Explanation:

The concept of double entry says for every debit entry, there must be a corresponding credit entry. This is necessary for the journal entries to balance, that is, the total of the debit balance must always equal the credit balance.

The building purchased by BOC is an asset. So there is need to debit that account to recognize the asset. Since there was an outflow of cash to the tune of $50,000, we need to credit cash while the remaining balance being financed by mortgage will be credited to recognize the liability.

7 0
2 years ago
a(n) blank market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among membe
Deffense [45]

A common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.

<h3>Why was the common market formed?</h3>

Through the removal of the majority of trade barriers and the development of a unified external trade strategy, the EEC was created with the goal of establishing a common market among its members. In order to shield EEC farmers against agricultural imports, the treaty also called for the creation of a unified agricultural policy, which was implemented in 1962.

A free trade zone with a reasonably unrestricted circulation of goods and services is referred to as a common market. When it was a regional organization from 1958 to 1993, the European Economic Community was known as the "Common Market."

In a customs union, all or almost all of a country's imports, exports, and transiting commodities are subject to the same set of processes, regulations, and tariffs. Customs union participants typically have similar trade and competition laws.

Learn more about Common market here:

brainly.com/question/15242077

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7 0
1 year ago
Beta Cleaning Equipment Corp. has started the actual design and development of a new floor buffing machine. It has the details o
cestrela7 [59]

Answer:

Letter A is correct.<em> Formation of a focus group to make sure the products meets user expectations.</em>

Explanation:

Using a focus group is an essential tool for an organization developing a new product that needs market research. The focus group is made up of a group of participants who come together for the purpose of analyzing a product or service marketing campaign and providing feedback on it.

There is a moderator responsible for listing questions about what is being reviewed, and ensuring that everyone contributes ideas and opinions. Companies typically use a variety of focus groups in different locations to ensure diversification of demographics, consumer behavior, purchasing history, and other relevant variables.

The biggest benefits seen from the focus group are: digital marketing tactics and rebranding.

4 0
3 years ago
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