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aliya0001 [1]
3 years ago
8

Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Complia

nce with these laws is not always sufficient to determine "right" behavior becausea. the law does not codify all ethical requirements.
b. company codes are also sources of law.
c. business decisions can have negative impacts.
d. ethical problems occur in business.
Business
1 answer:
olga nikolaevna [1]3 years ago
7 0

Answer:

A) the law does not codify all ethical requirements.

Explanation:

Laws are meant to be generally and applicable to all individuals or organizations. It is absolutely impossible that laws could be made specifically for every single person, business, organization, and that it covers all their possible actions.

Imagine that there are over 32.5 million businesses in the US, that means that 32.5 million laws should be made. How many more laws regarding specific circumstances should there be?

Each company should try to have their own business ethics code, which should be followed specially by the upper management. It is a form of self-regulation, but it will all depend on the company to follow it.

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The more information an entrepreneur acquires during the process of _____, the higher the chance that his or her predictions wil
Mashutka [201]

The more information an entrepreneur acquires during the process of feasibility analysis, the higher the chance that his or her predictions will be close to the mark, risk will be reduced, and uncertainty managed.

<h3><u>Explanation:</u></h3>

The study or examination about the extent to which the proposed idea will be practical and can be achieved at an economic manner refers to the feasibility study. In business it is very essential to decide whether to take up a project or not. It also helps in narrowing the project and plan accordingly.

It also helps in making predictions about whether the expected results can be attained from a particular idea or a project. Thus during the feasibility study the entrepreneur must obtain as much information as possible as it helps him in the evaluation of risks, uncertainties and other related things.

7 0
3 years ago
Policy and standards often change as a result of business drivers. One such driver, known as ___________________, occurs when bu
serg [7]

Answer:

Business exceptions

Explanation:

Policy and standards often change as a result of business drivers. One such driver, known as business exceptions, occurs when business shifts and new systems or processes are incorporated.

3 0
3 years ago
A corporation seeks to minimize expenses by moving production and labor to periphery nations where labor costs are lower. Which
bija089 [108]

flexible accumulation BEST defines this mod

<h3>What is flexible accumulation?</h3>

In response to competition from newly industrializing and less developed countries, as well as market saturation and fragmentation within more economically developed countries, the use of innovative industrial technologies, adaptable inter-firm relations, variable organizational structures, and flexible consumption.

Flexible Accumulation involves ICT, an expanded service sector, and job insecurity; it requires employees to be adaptable to the needs of their employers. This enabled non-standardised products to be produced for smaller markets, encouraging consumer diversity, choice, and instability.

accumulation that is adaptable the increasingly adaptable profit-accumulation strategies employed by corporations in an era of globalization, made possible by innovative communication and transportation technologies Increased migration refers to the increased movement of people within and between countries. Development is uneven.

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4 0
2 years ago
Fixed expenses are $625,000 per month. The company is currently selling 9,000 units per month. The marketing manager would like
Lubov Fominskaja [6]

Answer:

Decrease of $40,800 after introducing new marketing policy

Explanation:

As per the data given in the question,

Profit = Sales - Total cost

= 9,000 × $100 - ( 9,000 × $20 + $625,000)

= $95,000

To calculate new profit:

New unit = 9,000 + 800 = 9,800 units

Selling price = $100 - $6 = $94 per unit

Fixed cost = $625,000 + $46,000

= $671,000

Now Profit = $94 × 9,800 - ($20 × 9,800 + $671,000)

= $54,200

Since, introducing the new marketing policy profit will be decreased = $95,000 - $54,200

= $40,800

Hence, There will be decrease of $40,800

3 0
3 years ago
On June 1, Year 1, Yola Corp. lent Dale $500,000 on a 12% note, payable in five annual installments of $100,000 beginning Januar
sweet [91]

Answer:

C) $10,000

Explanation:

The last interest payment was made on November 1, so by December 31, two months worth of interest is considered receivable.

Interest receivable = principal x interest rate x time periods = $500,000 x 12% x (2/12) = $10,000

By December 31, no principal payments had been done yet.

8 0
3 years ago
Read 2 more answers
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