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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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Which of the following is true about avoiding discrimination?
Ivan

If preventing discrimination would cause undue hardship, reasonable accommodations will be made. The correct response to the question is option (d).

<h3>What is discrimination?</h3>

Discrimination is the practice of treating someone unfairly based on the groups, classes, or other categories to which they nominally or tacitly belong. Due to a person's race, gender, age, religion, sexual orientation, or any other characteristic, they may be treated unfairly. Discrimination based on race and national origin is presently the most prevalent sort of prejudice.

Discrimination typically takes four different forms:

• Discrimination in the open. This entails treating one individual less favorably than another due to a protected feature.

• Unintentional discrimination

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To know more about discrimination, visit:

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8 0
1 year ago
On average, companies that create plans have larger profits and grow much faster than companies that don't. true false
Murrr4er [49]
False - because not every business plans work
3 0
3 years ago
In order to update a production process, a company can spend money now or four years from now. If the amount now would be $20,00
timama [110]

Answer: $34,980.13

Explanation:

The amount that the company will spend 4 years from now is simply the future value of the amount that it can spend today.

The amount to be spent today is $20,000 so the amount to be spent 4 years from now is the future value of $20,000:

= Amount * (1 + rate) ^ number of years

= 20,000 * ( 1 + 15%)⁴

= $34,980.13

5 0
3 years ago
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6 0
3 years ago
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Explain one method economics and business people use to help them make business decisions?
djverab [1.8K]

Answer:

A cost-benefit analysis involves subtracting the sum of all the business costs from the business benefits.

Explanation:

Business is the act of exchanging goods and services for commercial purposes. The main aim of conducting a business for most people is to increase sales and make profit. In order to do this, there are business decisions that go into the running of business that determine how the business will perform. Most of these decisions if taken into account can lead to overall business success. There are different methods in economics that can aid a business person to make a decision, however, in this case we will consider the cost-benefit analysis as a tool of economics that can be used to make business decisions.

As indicated above, a cost-benefit analysis is a method that businesses often use to arrive at decisions. The analysis is done by first assigning monetary units to all the activities and processes that will go into the business. The total costs are then calculated from all the expenditures that will be incurred in the business. The benefits are then calculated from all the revenue expected to be got from the business. The costs are then subtracted from the benefits. The result can be either zero, negative or positive. A zero result implies that the business will break-even, there will be no losses or profits. A negative value implies that the business will go to a loss thus not advisable to venture in it. A positive result shows that the business will be profitable therefor it would be beneficial to venture into it.

3 0
3 years ago
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