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olga_2 [115]
3 years ago
8

Marshall owns and operates a construction firm. He uses inexpensive and low-grade building products and accepts inferior carpent

ry work from his subcontractors. Nevertheless, Marshall complies with all the city building codes as well as all state and federal laws. Has he fulfilled all of his ethical obligations?
a. No, because ethics is too hard to define.
b. Yes, because legal standards are stricter than ethical standards.
c. Yes, because ethical obligations require only legal behavior.
d. No, because legal compliance is regarded as the moral minimum.
Business
1 answer:
Kitty [74]3 years ago
3 0

Answer:

The correct option is (d)

Explanation:

Ethics is considered above law as law requires just compliance of laws, rules and regulations. Ethics on the other hand establishes a standard of moral conduct. Being mere legal does not mean that something is ethical. Ethical responsibilities are not codified as it is expected from businesses to follow the same.

Here, Marshall, though complied with legal frameworks, he failed to fulfill his ethical obligations by using low-grade products that could harm the general public in future.

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Answer:

Bought stocks on credit, thinking the value could only increase.

Explanation:

Currently the securities and exchange commission (SEC) defines buying stocks on credit as buying through a margin account. This was a very common before the 1929 stock crash since investors speculated that the price of stocks would keep increasing. The notion that the stock prices could fall was not something considered possible back then. So when the market stooped growing, and the price of stocks started to lower, investors couldn't pay their loans and even if the securities were held as collateral, their value collapsed. Some people made huge fortunes doing this, but others lost everything.

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4 years ago
Concept of opportunity cost to economy<br><br>​
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It’s the value of the next best alternative when a decision is made, so not the first desired choice, but the second one
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3 years ago
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Hilton is a staunch opponent of the Scrum transition in the team. He thinks Scrum is a fad that will pass and makes his opinion
Svet_ta [14]

Answer:

Reinforce and reiterate the organization's commitment to scrum

Explanation:

The best way to deal with Hilton as in the above case is to reinforce and reiterate the organization's commitment to scrum because he is acting as a saboteur to scrum transition in the team. There is what we call synergy in a team, which signifies that a whole is better than a part hence his opinion must be ignored. The overall decision of a team in an organization supercedes that of an individual which is related to the firm's commitment on scrum.

Moreover, sending Hilton to scrum training will not be beneficial to the team because of his dislike towards the scrum transition hence the organization must make firm commitment towards scrum and ensure that Hilton's resistance is futile.

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4 years ago
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1) Currently, the company's database applications extend to tracking materials before the
Ostrovityanka [42]

Answer:

Before, During and After Processing

Explanation:

Technology can be used to track availability of materials for production <em>before</em> beginning of processing. If materials have fallen below desired level, use of technology can help notify the requisition department on time.

<em>During</em> the process technology can be used to keep track of completion stage of work - in - process materials.

<em>After</em> processing, use of technology can help communicate the availability (in-stock) of finished products which are needed by customers.

3 0
3 years ago
Webster Corporation's monthly projected general and administrative expenses include $4,100 administrative salaries, $1,500 of ot
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Answer:

$7,900

Explanation:

Computation for the total budgeted general and administrative expenses budget per month.

Monthly projected general and administrative expenses :

Arministrative salaries $4,100

Other cash administrative expenses $1,500

Depreciation expense on the administrative Equipment $2,300

Total budgeted general and administrative expenses budget per month $7,900

($4,100+$1,500+$2,300)

Therefore the total budgeted general and administrative expenses budget per month will be $7,900

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