In my personal opinion, the correct priority in making a business decision is is priority number 3, Profit - Organization Values - Personal Integrity
The main purpose of doing a business is Profit. If you're doing something for the benefit of others, you could call it charity or donations, but not a business.
Answer:
Option (D) is correct.
Explanation:
If there is a fall in both the supply and demand for a commodity then as a result there is a leftward shift in both the curves. This leftward shift in both the curves, decreases the equilibrium quantity and impact of this shift is indeterminate for equilibrium price because we don't know the magnitude of the shifts of demand and supply curve.
Answer: This statement is FALSE
Explanation:
Price Ceiling is the maximum price fixed by government , usually less than equilibrium price to make necessity goods affordable to max people.
Producer Surplus is the difference between prevailing price & minimum price needed to induce producers to supply . Diagramaticaly / Graphicaly , it is the vertical difference between supply curve & price level
Implying Ceiling Imposition , the price gets reduced . Assuming unchanged Supply curve , the difference between price & supply curve reduces .
Hence , Producer Surplus falls
the actual cost per direct labor hour must be $17.56
<h3>What is
direct labor?</h3>
A direct labor cost is a component of a wage bill or payroll that can be specifically and consistently assigned to or associated with the production of a product, a specific work order, or the provision of a service.
Variable labor, fixed labor, direct labor, and indirect labor are the four types of labor costs.
Labor cost is an important value that finance and accounting professionals calculate to determine a company's direct and indirect labor costs. Wages and benefits for employees directly involved in the production of the product or service commodity are included in the direct cost of labor.
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The financial activity that helps a company based in another country is : A. Foreign direct investment
Foreign direct investment is a type of investment in the form of ownership of a business entity by an entity in another country. For example : Berkshire Hathaway ownership of a an entity in Indonesia