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Citrus2011 [14]
3 years ago
11

When Bernie Ebbers, WorldCom's CEO, was convicted of financial crimes, WorldCom was forced to merge with MCI. One of the ramific

ations of this merger was the loss of WorldCom's sponsorship of the Sea Pines Heritage PGA golf tournament. The tournament funds the Heritage Foundation, a major community charity. This example illustrates_____________________________.
Business
1 answer:
Lelechka [254]3 years ago
3 0

Answer:

B) that the impact of unethical actions can reach far beyond the corporation.

Explanation:

Due to Bernie's bad actions, not only did WorldCom's shareholders, clients and employees suffered, also an innocent third party suffered. The Heritage Foundation had nothing to do with Bernie (unlucky name for CEOs), but since they received money from the Sea Pines Heritage PGA golf tournament, both the foundation and the tournament will suffer from lower incomes and bad reputation. This can almost be consider a negative externality, since an innocent bystander suffers from the crooked transactions of other parties.

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Households and firms with savings lend money to banks and other financial institutions. The credit supply curve shows the relati
rosijanka [135]

Answer:higher real interest rate discourages current consumption and higher real interest rate encourages more saving.

Explanation:The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period. In a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.

Our measure of credit demand is an indicator variable for a firm's need for bank loans decreasing during the period. We measure credit supply using information on whether a firm's loan application was rejected, or the firm received less than 75% of its desired amount.

Credit supply curve is a curve that plots the quantity of credit supplied at different real interest rates.

4 0
3 years ago
Outdoor Luggage Inc. makes high-end hard-sided luggage for sports equipment. Data concerning three of the company’s most popul
schepotkina [342]

Answer:

                                                       Ski             Golf           Fishing

                                                       Guard       Guard       Guard

selling price                                   $260         $330        $205

variable cost                                  $120          $180         $135

contribution margin                       $140          $150         $70

machine time                                 9 min.        12 min.      11 min.

lbs. of pellets                                  12              7                11

total machine time is the constraint in the production process

1a)

contribution margin per                 $933.33   $750         $381.82

machine hour

1b)

ski guard since its contribution margin per machine hour is much higher than the rest of the products

1c)

fishing guard since its contribution margin per machine hour is much lower than the rest of the products

2a)

                                                       Ski             Golf           Fishing

                                                       Guard       Guard       Guard

contribution margin per                 $11.67      $21.43       $6.36

lbs. of pellets

2b)

Golf guard since its contribution margin per lb. of pellets is much higher than the rest of the products

2c)

fishing guard since its contribution margin per lb. of pellets is much lower than the rest of the products

3)

Golf Guard ($150)

4 0
3 years ago
Find the dimensions of a rectangle with the area 170 sq. ft.
VikaD [51]
One side could be 85 and the other could be 2.
5 0
3 years ago
Many U.S. millennials live at home longer than young adults in the past partially due to the economic recession. The recession i
Arte-miy333 [17]

Answer:

b. external

Explanation:

When an economical event affects something in an indirect way, it is called an <em>external change</em>. It is expected for the economic recession to affect economic factors of course. However, it is imminent that it affects every-day life among people too. Economic factors directly influence life and habits of the U.S. consumer, as it is common for most economic changes.

5 0
3 years ago
Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with la
mrs_skeptik [129]

Answer:No, Lake source cooling is not economically advantageous.

Explanation:

The cost of the lake source cooling is S30 greater than the cost of the refrigerator.

Though the lakes source option will bring additional income of S2400 for ten years this will only reduce it's cost to S2900 and this is still higher than the total cost of the refrigerator option of S2,120.

The straight line depreciation option on both options will not change this decision since it will have the same effect on both options.

7 0
3 years ago
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