1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Stewart Corporation manufactures solar powered calculators. The company can manufacture 1,100,000 calculators a year at a variab
NeX [460]

Answer:

If the special offer is accepted, the net operating income will decrease in $120,000

Explanation:

Giving the following information:

Total variable cost= $2,200,000

Fixed cost= $1,100,000

Based on management’s projections for next year, 950,000 calculators will be sold at the regular price of $15.00 each. A special order has been received for 230,000 calculators to be sold at a 60% discount off the regular price.

Because the company can't provide the 950,000 units and the 230,000 special offer, the offer will cannibalize sales from the 950,00 units.

Special offer sale price= 15*0.4= $6

Unitary variable cost= 2,200,000/1,100,000= $2 per unit

<u>First, we will calculate the net income without the special offer</u>:

Sales= 950,000*15= 14,250,000

Total variable cost= 950,000*2= (1,900,000)

Contribution margin= 12,350,000

Fixed costs= (1,100,000)

Net operating income= 11,250,000

<u>With the special offer:</u>

Sales= (230,000*6) + (870,000*15)= 14,430,000

Total variable cost= (2,200,000)

Contribution margin= 12,230,000

Fixed costs= (1,100,000)

Net operating income= $11,130,000

If the special offer is accepted, the net operating income will decrease in $120,000

7 0
3 years ago
Which is an example of a preventative measure related to possible medical
Rama09 [41]

An example of a preventative measure related to medical identity theft would be carefully checking the medical records of a person. Option A is correct.

<h3>What is a preventative measure?</h3>

In opposition to disease treatment, preventative measures refer to actions or steps taken to ward off illness. The usual categories used to describe preventive care strategies are primary, secondary, and tertiary prevention.

Maintaining control of medical identity cards and routinely reviewing medical bills, credit reports, medical benefit accounts, and instruction invoices are examples of preventative measure.

Medicare and Social Security cards that have been stolen away require to be accounted right away to the Social Security Administration.

Therefore, option A is correct.

Learn more about a preventative measure, refer to:

brainly.com/question/11588438

#SPJ1

7 0
2 years ago
Jodi needs to protect her company's network from internal threats. What methods can she use?
kirill115 [55]
Require logins for network access & establish access privileges.

(Not sure if I’m right but it’s what I think)
3 0
2 years ago
Read 2 more answers
Suppose a new technology makes video calls easier and more affordable for banks, allowing them to place "virtual tellers" in all
slavikrds [6]

Answer

Suppose a new technology makes video calls easier and more affordable for banks, allowing them to place "virtual tellers" in all ATM machines. If this happens, we would expect the DEMAND to INCREASE causing the salaries for remotely located customer service representatives to INCREASE.

Since the new technology is easier and more affordable then the demand for such service will surely be on the rise. This translates to an increase in the demand. The remotely located customer service representatives in charge of the virtual service will also get a higher salary.

3 0
3 years ago
organizations following a(n) ____ strategy try to both minimize risk and maximize oppurtunity for profit, moving into new produc
VARVARA [1.3K]

Answer:

Imitation.

Explanation:

Organizations following an imitation strategy try to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability. Imitation strategy is one the most effective way of saving your time, energy and money. It is known as the low-cost strategy as well particularly when the option of choosing and selecting is too difficult or costly. This strategy has been widely and successfully used by many well-renowned brands, for example, Coca Cola, once has imitated RC Cola when they replicated their diet cola options, McDonald's has taken the idea of fast food chin from the White Castle.

4 0
3 years ago
Other questions:
  • June sales were $30,000, while projected sales for July and August were $52,000 and $74,000, respectively. Sales are 60% cash an
    14·1 answer
  • The difference between the actual amount paid and the standard price paid to purchase an item is called a
    9·1 answer
  • What is one advantage of having 2 costs pools for each service department?
    15·1 answer
  • If the price of pants increases, what would you expect would happen in the market for pants?
    9·2 answers
  • What is the difference between buying shares of stock and buying bonds
    12·1 answer
  • Contestants on the game show wheel of fortune are given labels to assist them solving the puzzles. these labels activate _______
    8·1 answer
  • A mortgage note payable with a fixed interest rate requires the borrower to make installment payments over the term of the loan.
    13·1 answer
  • Help with the a bove questions​
    6·1 answer
  • Bob has a face-to-face interview tomorrow morning. he has done his research and knows a lot about the prospective employer. he w
    5·1 answer
  • Broker rob believes he is being approached by a fair housing tester. what should rob do?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!