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ANEK [815]
3 years ago
8

James says, "I don't trust the way the company determines pay rates in my department." If James feels this way despite being hap

py with his current salary, he is most likely concerned about _____.
Business
1 answer:
Sonbull [250]3 years ago
6 0

Answer:

The correct answer is: procedural justice.

Explanation:

Procedural justice refers to acting with fairness while allocating resources or during the course of solving a problem. Procedural justice cores are understanding (provide clear information), neutrality (no discrimination), voice (allow parties to manifest their positions), and respect (be treated with dignity).

Thus, <em>James is concerned about the understanding aspect of procedural justice of the company he works for.</em>

You might be interested in
The non-institutional civilian population is 200 million, of which 140 million are employed and 10 million are unemployed. Based
saw5 [17]

Answer:

6.67%

Explanation:

The unemployment rate is computed by dividing the number of unemployed with the total number of people in labor force multiplied with 100. I.e

= ( Unemployed / Total number of people in labor force ) × 100

Given that;

Number of unemployed people = 10 million

Total number of people in labor force = 10million + 40 million = 150million

Therefore,

Unemployment rate = (10/150) × 100

Unemployment rate = 6.67%

8 0
3 years ago
The​ Mini-Case "Pay-for-Delay​ Agreements" states that some incumbent producers of drugs with expiring patents paid potential ge
kherson [118]

Answer: charge a monopoly price

Explanation:

Patents provide an exclusive right to the firm in the production and sale of a drug. This provides the firm exclusive market power to decide the price and the quantity and therefore the firm is able to charge a monopoly price and also earn monopoly profits.

When an existing patent expires and the generic producers enter the market, the price reduces due to an increase in the supply of the erstwhile patented drug. This will reduce the monopoly profit of incumbent producers. Therefore, they will seek to deter the entry of generic drug makers in order to safeguard their monopoly profits and price.

Therefore, incumbents were willing to give enough to potential entrants so as to make them delay entry to charge a monopoly price.

The effect of the 2013 Supreme Court decision allowing legal action against these companies is increase in the cost of pay-for-delay agreements and also reduce incumbent profits from these agreements.

8 0
3 years ago
deltra was willing to purchase a dozen cookies for $80 that deirdre was willing to sell for anything more than $42. if they agre
fgiga [73]

The total value created in this exchange is $38.

<h3>What is the total value created?</h3>

The total value created is the sum of the consumer surplus and the producer surplus.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

$80 - $46 = $34

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

$46 - $42 = $4

Total surplus = consumer surplus + produce surplus

$4 + $34 = $38

To learn more about consumer surplus, please check: brainly.com/question/25816093

#SPJ1

4 0
1 year ago
Olsson Corporation received a check from its underwriters for $85 million. This was for the issue of one million of its $5 par s
katovenus [111]

Answer:

Cash (Dr.)                $85,000,000

       Share Capital (Cr.)                        $5,000,000

       Share Premium (Cr.)                   $85,000,000

Explanation:

The par value is simply the face value that appears on the certificate of share deposited with the depository system. When multiplied with the number of shares issued, it gives us Share Capital which in this case is $5,000,000 (5 * 1,000,000). But Olsson Corporation issued these shares at $85,000,000, this excess amount of $80,000,000 (85,000,000 - 5,000,000) is Share Premium. The appropriate entry to record the issue is:

Cash (Dr.)                $85,000,000

       Share Capital (Cr.)                        $5,000,000

       Share Premium (Cr.)                   $85,000,000

6 0
3 years ago
What type of exposure relates to exposure to potential financial loss as a result of trading in another currency?
andrezito [222]

Answer:

The correct answer is foreign exchange risk.

Explanation:

Currency risk is the positive or negative difference that arises from changes in the exchange rate over time. A company that carries out operations in another currency is exposed to exchange rate movements, therefore it must seek to compensate them strategically.

Whenever a company carries out a transaction in foreign currency, whether it is for the importation of inputs or products, or the export of goods, with a waiting period between collection and payment, there is a risk of loss or gain that may affect to your finances and your profitability.

As the exchange market is volatile, a company that does not anticipate changes in the exchange rate may run the risk of incurring losses that affect its financial planning and cash flows.

Therefore, it is advisable to be prudent in your purchases of raw materials or finished products and when contracting financing in other denominations.

3 0
3 years ago
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