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Mekhanik [1.2K]
3 years ago
10

Jonathan is the manager of his company's facilities in the Philippines. He believes in ensuring the exact same standards of work

ing conditions, wages, and labor management in the Philippines as practiced by the company's corporate office in its home country, the United States. His policy does not always lead to profits because of the vast cultural differences between the two nations. Which straw men approaches to ethics is most likely being adopted by Jonathan?
Business
1 answer:
sattari [20]3 years ago
3 0

Answer:

Righteous moralism.

Explanation:

There are several approaches to business ethics including Utilitarian, Kantian, Rights theories, Justice Theories and Straw men.

Straw men approaches are raised by business ethics scholars primarily for the purpose of demonstrating that they offer inappropriate guidelines for ethical decision making in a multinational enterprise.Ppropuse these doctrines:

-the Friedman doctrine.

-cultural relativism.

-the naïve immoralist.

-the righteous moralist.

<em>MNC’s home-country standards of ethics are the appropriate ones for companies to follow in foreign countries . Examples: American bank manager in Italy – U.S. laws set down strict guidelines regarding minimum wage and working Conditions. Should US MNCs apply the same in a foreign country? It will nullify the reason for investing in that country.</em>

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"For a firm to maximize total profits through price discrimination, it should
Alex777 [14]

Answer: d. ​charge a high price to high-value consumers and a low price to low-value consumers

Explanation: Price discrimination as a selling strategy involves charging customers different prices for the same product or service. It is often based on what the seller thinks they can get the customer to agree to and that customers can be asked to pay more or less based on certain demographics or on how they value the product or service on sale. Therefore, for a firm to maximize total profits through price discrimination, it should charge a high price to high-value consumers and a low price to low-value consumers.

6 0
3 years ago
Sidewinder, Inc., has sales of $658,000, costs of $334,000, depreciation expense of $79,000, interest expense of $44,000, and a
Lynna [10]

Answer:

The addition to retained earnings is $84,790.

Explanation:

Sales of                                          $658,000

Costs of                                          (<u>$334,000)</u>

Gross Income                                $324,000

Depreciation expense                  <u>($79,000)</u>

Income before interest and Tax   $245,000

Interest expense                           <u>($44,000)</u>

Income before tax                          $201,000

Tax 21 %                                         <u>($42,210)  </u>

Net Income                                     <u>$158,790</u>

Addition to retained Earning =  Net Income -  dividend paid

Addition to retained Earning =  $158,790 -  $74,000

Addition to retained Earning =  $84,790

3 0
3 years ago
A one-month European call option on a non-dividend-paying stock is currently selling for $1. The stock price is $47, the strike
REY [17]

Answer:

The price of the put-option on the same stock with the same strike price is $3.75.

Explanation:

To find the price of the put option on an underlying asset given the price on the call option's price for the same underlying asset with the same strike price is given, we apply put-call parity model.

Put call parity model: p = K x e^(-rT) + c - St .

in which: p: put option's price;

               K: underlying asset's strike price;

               r: risk-free rate;

              T: time to maturity denominated in year;

               c= call option's price;

              St = spot price of underlying asset .

So, p = 50 x e^(-0.06 x 1/12) + 1 - 47 = $3.75 .

4 0
3 years ago
Benchmarking: allows industry participants to develop industry-wide standards. synchronizes the business processes of customers,
BabaBlast [244]

Answer:

compares the efficiency and effectiveness of your business processes against strict standards.

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Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

7 0
3 years ago
Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same t
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If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.

<h3>How does the price of resources affect demand?</h3>

The price of a resource used in the production of goods can have a huge effect on the price.

If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.

Read more on demand here:

brainly.com/question/1288364

#SPJ1

6 0
2 years ago
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