Answer:
E, true values, ethical decision making
Explanation:
Ethical work climate can be defined as the acceptance or inculcation of the notion of right and wrong within an organization.
In an Ethical Working climate, the true values and the decision making skills of the members of the organization are reflected.
By true values, it means that whatever the company stands for of upholds will be displayed for all to see as well as the ability to make decisions by the members of the organization.
Cheers.
Information is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
<h3>What is the importance of information?</h3>
It should be noted that information simply means the data that has been processed.
In this case, inormation is the presentation of raw numerical or verbal descriptions in a form that is useful for a specific purpose.
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Answer:
b. Cannot tell the change in equilibrium quantity. The equilibrium price will decrease
Explanation:
Two things are going on here
1. Income decreases, that will shift demand inwards. People can buy fewer goods at any given price
2. New technology is discovered, that shifts supply outwards. Costs are reduced so producers can produce more at a given price
The resulting effects are that price will decrease but the result in quantity is undetermined. This can be seen with the two examples attached. In both cases, the shifting of the curves from D0->D1 and S0->S1 results in lower prices. However, in one case the equilibrium quantity goes up and in the other goes up.
Answer:
b. Raw materials inventory.
Explanation:
There are basically three cycles to make a product ready to sale
1. Raw material
2. Work in process
3. Finished goods
The raw material is the part of the product. In the work in process, the products parts are in process to combine all the parts of the products. And, in the finished goods cycle, after processing the product, the product is finished and then the product is ready to sale.
The costs of goods sold and the conversion cost are the cost which are related to the product
Answer:
Option (B) is correct.
Explanation:
Given that,
Selling price per unit = $48
Desired profit margin on sales = 12.5%
Flyer’s current full cost for the product = $44 per unit
Profit = Selling price × profit margin
= $48 × 12.5%
= $6
Target cost of unit = Selling price - Profit
= $48 - $6
= $42
