A simple goal nicole can do is save $50 per month. (200 divided by 4)
Universal ethic can be define as actions that are taken out of duty and obligation to a purely moral ideal rather than based on the needs of the situation, since the universal principles are seen to apply to everyone, everywhere, all the time. Based on the universal ethic, we feel that it is ethical forU.S. regulation to put U.S. companies at an apparent disadvantage to their foreign competitors because in a competitive market, all the companies have to face to a fair competition. U.S. regulation should not hide the disadvantages of its own nation company and try to protect their interest.In contrast, U.S. regulation should disclose all the disadvantages to every stakeholder especially investors because with the transparency of a company’s financial statement, the investor just can make a right decision whether to invest in that company. To solve the ethical dilemma, trust <span>versus loyalty element should be consider. Instead of continue protecting U.S. companies, U.S.</span>
Answer:
B) the substitution of domestic steel for foreign steel absorbs resources that would otherwise produce goods of greater value
Explanation:
This type of policy is really controversial since politicians like to announce public policies that may help their constituents on the short run, but will eventually end up damaging them and the whole country on the long run.
A clear example is coal mining. Coal mining was praised during the last election and even though some new jobs have been created in that industry, the overall effect in the country is extremely negative and offsets any positive outcome. Coal mining results in heavy pollution and it is also not economically profitable. The resources invested in coal mines could generate much higher benefits for everyone, investors, workers and the government if they were used to finance some other activity.
Currently the government has limited the imports on foreign steel and the domestic production hasn't been able to increase enough to cover the manufacturing needs of American companies and it resulted in higher steel prices and an increase in manufacturing costs.
Market rules apply to everyone and every country. Sometimes it is not possible to produce certain goods at a competitive price no matter how hard we try and the country's well being is negatively affected. Much better results can be obtained by focusing on certain industries where American businesses really excel instead of always trying to favor inefficient industries that have a high lobby power.
Assessing one's personal entrepreneurial competencies also known as PECs is very important to evaluate your weakness and strengths when it comes to entrepreneurship. By doing this, you will be able to fix your weaknesses and strengthen your strengths for the advantage of the activity.
