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
HACTEHA [7]
3 years ago
7

A review of Volkswagen's internal memos and emails suggests that company executives pursued a strategy of delay and obfuscation

with United States regulators after being confronted in early 2014 with evidence that VW diesel vehicles were emitting far more pollutants than allowed by law. True or false?
Business
1 answer:
oee [108]3 years ago
7 0

Answer:

true

Explanation:

The whole Volkswagen scandal was a huge and elaborate corporate scam. They first tried to blame engineers in their North American division, but then it was known that they cheated in Germany and other European countries, as well as in factories in Argentina and Brazil. The only place that they were not investigated was in China, and that is very suspicious because half of their cars are produced and sold in China. It was a huge cover up operation that was aimed at protecting top executives in Germany.

The first car I bought with my salary was a Jetta (it was much cheaper than a Civic). So I read a lot about the scandal and its effects were not that large in North and South America, but in Europe the allegedly clean diesel engines drove their competition out of the market. French car manufacturers Citroen and Peugeot competed against Volkswagen with diesel cars and after not being able to compete against the wonderful new engines, they went bankrupt. In Europe gas is very expensive, so cars are very small and fuel efficient. The strange coincidence is that a Chinese company bought Citroen and Peugeot, which made them the real winners of the whole situation.

You might be interested in
What does the CFO of a company do? A. Manage the financial health of the company B. Manage the technological areas of the compan
juin [17]
A Is the correct answer I think CFO stands for Chief Financial Officer. 
4 0
3 years ago
Read 2 more answers
A ______ organization's purpose is to make money by offering products or services.
Arte-miy333 [17]

Answer:

For-profit.

Explanation:

4 0
3 years ago
Read 2 more answers
The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the
Iteru [2.4K]

Answer:

-1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good X to changes in price of good Y.

Cross price elasticity of demand = percentage change in quantity demanded of good X / percentage change in price of good Y

Percentage change in quantity demanded = (1700 / 1350) - 1 = 0.2593 = 25.93%

Percentage change in price = (1.65 / 2.05) - 1 = -0.1951 = -19.51%

25.93% / -19.51% = -1.33

I hope my answer helps you

8 0
3 years ago
Hairston Industries has $5 million of debt and $20 million of equity. If Hairston's beta is currently 1.75 and its tax rate is 4
nasty-shy [4]

Answer:

The un levered beta ( bu) of the company is 1.52

Explanation:

Given information -

Equity  (E) - $20 million

Debt (D) - $5 million

Beta ( levered ) - 1.75

Tax rate ( T ) = 40%

D / E ( Debt to Equity ratio ) = $ 5 million / $20 million = .25

Formula for taking out un levered beta ( bu) is -

Beta levered ( bl ) = Beta un levered ( bu ) [1 + (1 - T ) D / E ]

1.75 = bu [1 + (1 - 40% ) .25

1.75 = bu [1 + .6 x .25 ]

1.75 = bu [ 1 + .15 ]

1.75 = bu [ 1.15 ]

bu = 1.75 / 1.15

bu = 1.52

7 0
3 years ago
All of the following options are good tips for borrowing money EXCEPT...
Jlenok [28]
I would say B. Quick cash loans. Interest rates are very high & not a good idea in borrowing money. They are designed for people who have poor credit ratings & have no other means to borrow money.
5 0
3 years ago
Other questions:
  • ​brooke's law states that adding more people to a late project makes the project​ ________.
    12·1 answer
  • Which statement best explains the law of demand?
    6·2 answers
  • Erik has a five-dollar bill. He uses it to pay for a soda and a hamburger. What form of financial exchange is this?
    8·1 answer
  • A checkmark in the PR column in the general journal means the?
    14·1 answer
  • Which of these statements about liquidity traps is false? Firms are unlikely to undertake investment during liquidity traps beca
    14·1 answer
  • Action Quest Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 20
    12·1 answer
  • A home improvement store has an assembled kids playset on display. There
    9·2 answers
  • In an attempt to restore equity in the workplace, managers should make sure decision-making processes are fair. For example, emp
    10·1 answer
  • The image shows a bar graph.
    7·2 answers
  • 6. Why is it important to consider the structure of your resume and what
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!