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Arlecino [84]
3 years ago
15

Milton Friedman, Karthik Ramanna, and Peter Singer walk into a bar. Unfortunately, itâs not a joke. You are the unlucky bartende

r to witness this meeting. After a few rounds, they get into a spirited argument over corporate social responsibility and the purpose of business in society. In a narrative, relay the contents of their conversation.
Your narrative should demonstrate your understanding of each of their viewpoints, how they relate to one another, and the specific points on which they agree and disagree.


Bonus points if you make me laugh out loud (but keep it professional).
Business
1 answer:
Lilit [14]3 years ago
3 0

Answer:

Consider the following explanation

Explanation:

The discussion started with Mr. Friedman explaining how the want and setting up on MNCs have become way more easier than it was a couple of decades ago. This is because the role of business in the society has increases. With increasing population the demand needs to be met on that level as well. Agreeing with the latter point Mr. Karthik said that yes, the demand needs to met but that should not make MNC and their setup easy. The quality according to him suffers.

Mr.Karthik said that the MNCs are also huge retail shops who must make sure that their production of goods and services are worth opting for. This is actually what business is supposed to do. Unlike the two gentlemen who are busy taking out the judgement on what is right and wrong in business and role it plays in the society, Mr.SInger started to add an important aspect. According to his view the greater role of business today, lies in the fact that it must benefit the society and reap positive externalities.

This is where the Corporate social responsibility comes in. The usage of resources and then replenishing it back into the nature is very very important according to Mr.Singer. He explained why the industries should not be given the liberty to discharge waste anywhere but must be either penalised or made to indulge in the act of social responsibility. With such conclusive thought s all th three agreed on a larger perspective of business.

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Consider the following items: • Land • Accounts Receivable • Notes Payable (due in three years) • Accounts Payable • Retained Ea
sashaice [31]

Answer:

Land, Building and equipment

Explanation:

As we know that

Total assets include current assets, fixed assets and intangible assets Current assets involve cash, stock, account receivables, etc. Fixed assets comprise plant & machinery, property, equipment, furniture & fittings, etc.

So according to the given situation, the land, building and the equipment is considered generally as a long term asset

4 0
4 years ago
Ayayai Corporation traded a used truck (cost $20,800, accumulated depreciation $18,720) for a small computer with a fair value o
Ierofanga [76]

Answer:

See below.

Explanation:

Journal entries to record the transaction are as follows,

Debit Computer account with $3,432

Debit Accumulated depreciation account with $18,720

                                                 Credit Truck account with $20,800

                                                 Credit Cash Account with $520

                                                 Credit profit on sale of asset with $832

This the journal entry that balances the books by targeting appropriate accounts.

Note that accumulated depreciation account has a credit balance as it is an asset reducing account.

Hope that helps.

3 0
3 years ago
Over a four-year period, LaKeisha Thompson purchased shares in the Oakmark I Fund. Using the following information, answer the q
ArbitrLikvidat [17]

Answer:

LaKeisha Thompson

a. At the end of four years, the total amount invested is:

= $6,000

b. At the end of four years, the total number of shares purchased is:

= 166.81

c. At the end of four years, the average cost for each share is:

= $35.97.

Explanation:

a) Data and Calculations:

Investments in Oakmark I Fund:

Year            Investment        Price      Number

                      Amount     per share    of share

Feb 2008        $1,500           $40        37.50

Feb 2009          1,500             30        50

Feb 2010           1,500             34        43.60

Feb 2011            1,500             42        35.71

Total               $6,000                        166.81

Average cost per share = $35.97 ($6,000/166.81)

7 0
3 years ago
Why might increasing taxes increasing taxes as a fiscal policy be a more difficult policy than the use of monetary policy to slo
Ratling [72]

Answer:

The legislative process experiences longer delays than monetary policy.

Explanation:

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elena-14-01-66 [18.8K]

Answer:

First and foremost, to get any job, I would have to be sincere, transparent, honest, look in the eye, have a firm handshake, be assertive in my actions and dialogue. For getting that particular project, I would show my portfolio of prior jobs, showing the quality and identity of my work. I could give references to past employees and, if I was a freelancer at some point, could describe how I got those jobs, showing how good my professional network could be. I could as well, given this time and age, show my social media and tell about my newest courses, showing that I’m on par with the latest on the graphic design industry. Lastly, dressing properly, being kind and solicit can go a long way in getting a job.

8 0
3 years ago
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