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Talja [164]
3 years ago
13

"It is ethical for a firm to have a policy to sell goods or services to people who cannot afford them or to people who should no

t have them." Is this statement?
Business
1 answer:
Vlad1618 [11]3 years ago
8 0

Answer:

False

Explanation:

The first part of the statement is not only false but also counterproductive. If the firm tries to sell things to people who cannot afford them, it will probably not make a lot of profit, by definition.

The second part is simply unethical. For example, a cigarette company should not sell cigarettes to teenagers, it is unethical and also illegal.

You might be interested in
Delayed product delivery is less of an issue when compared to delivering a faulty product, which can potentially cause harm. Thi
iogann1982 [59]

Answer:

A) high magnitude of consequences.

Explanation:

Delayed product delivery is less of an issue when compared to delivering a faulty product, which can potentially cause harm. This is because delivering a faulty product has a high magnitude of consequences.

The customer is the king in the market, the company can not afford to lose reputation by a delivery faulty product. Especially in the era of social media, these mistakes can cause loss of market share and can potentially damage the credibility of the company´s product, which could take lot of time to rebuild. It may also affect other product of the company to lose reputation.

3 0
2 years ago
This year, Mesa Inc.’s before-tax income was $11,252,000. It paid $529,000 income tax to Minnesota and $451,000 income tax to Il
Sever21 [200]

Answer:

Before-tax income                                                                   $ 11,252,000

Less: Deduction for state income tax(529000+451000)   $      980,000

Taxable Income                                                                   $   10,272,500

Tax rate                                                                                                        21%

Federal income tax                                                           $   2,157,225.00

Mesa’s combined tax rate

= ([$980,000 state tax + $2,157,225 federal tax] ÷ $11252000) 27.88%

Explanation:

6 0
3 years ago
John is going to buy a car. He wants a used Honda. The salesmen shows him one from 2012. John's not really positive how much the
m_a_m_a [10]

Answer:

anchoring bias

Explanation:

In business, anchoring bias happens when a consumer relies on pre-existing information (in this case sales price) to make their purchasing decisions. E.g. a sales promotion where a before price is set as the anchor to show that the after price (with the discount) is a really good deal.

In this case, John started to negotiate a sales price using the sticker price as an anchor, and ended up making a good deal because he got a $2,000 discount.

4 0
3 years ago
Except media what else can provide job information<br>​
kifflom [539]

Answer:

see below

Explanation:

Other sources of job information are

<u>1. Trade or professional associations </u>

They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.

2<u>. Family and friends working in different organizations</u>

Close friends and relatives are an important source of information for vacancies existing in different workplaces.

<u>3. Educational institutions</u>

In some cases, employers share information on their available job opportunities with schools and colleges.

<u>4. Career or employment agencies</u>

Employment agencies have updated information on various labor requirements for different employers

6 0
2 years ago
Wallace Motors measures and evaluates the quality of its cars and services against the market leaders in the automobile industry
Mkey [24]

Answer:

Benchmarking

Explanation:

Benchmarking is defined as the activity where a company's processes and performance is compared with industry best practices. Qualities measured usually include time, cost, and quality.

In the given scenario Wallace Motors measures and evaluates the quality of its cars and services against the market leaders in the automobile industry. This the use of be marching.

When the companies metrics don't meet up, the company adopts the practices of the benchmark or later in your dreams

7 0
3 years ago
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