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tino4ka555 [31]
3 years ago
11

Matthew manages the sales team at an information technology (IT) firm. His focus is to conduct business in accordance with his f

irm's mission and vision, while making as much money as possible for the firm and conforming to the basic rules of the society. He ensures that his actions embody ethical custom. In this scenario, Matthew's view of corporate social responsibility is most likely rooted in the ________ tradition. Group of answer choices Keynesian virtue utilitarian consequential
Business
1 answer:
IgorLugansk [536]3 years ago
8 0

Matthew manages the sales team at an information technology (IT) firm. His focus is to conduct business in accordance with his firm's mission and vision, while making as much money as possible for the firm and conforming to the basic rules of the society. He ensures that his actions embody ethical custom. In this scenario, Matthew's view of corporate social responsibility is most likely rooted in the <u>Utilitarian </u>tradition.

Explanation:

Utilitarianism is a ethical theory which talks about the right and the wrong actions of an individual.This theory advocates that the action that brings happiness to the society and also increases the utility in the society as a whole is called a morally correct action.

This theory was proposed by Jeremy Bentham and John Stuart Mill.

In simple words an action is termed as right if it promotes happiness in the society and is termed bad it it brings unhappiness in the society

So we can say that Matthew's view of corporate social responsibility is most likely rooted in the <u>Utilitarian </u>tradition.

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You would have to earn an <span>Associate of Applied Science (AAS) degree or an advanced technical certificate. </span>
4 0
3 years ago
It is important for modern firms to build and maintain ______ by conducting ethical and transparent transactions.
r-ruslan [8.4K]

The singular thing which is important for modern firms to build and maintain by conducting ethical and transparent transactions is:

  • Consumer trust

<h3>What is Consumer Trust?</h3>

This refers to the belief which a customer has in a particular business, usually because of its ethical and transparent practises.

With this in mind, we can see that if modern firms fail to build this consumer trust, then they stand the risk of losing their customer base to their competition.

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brainly.com/question/1872126

4 0
2 years ago
Which of the following information you may obtain from a client is the best example of qualitative information?A)Whether he has
Oksanka [162]

The amount of his monthly net cash flow  is the best example of qualitative information

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6 0
1 year ago
Sauer Milk Inc. wants to determine the minimum cost of capital point for the firm. Assume it is considering the following financ
weqwewe [10]

Answer:

Plan A = 8.55%

Plan A =8.57%

Plan A =7.9%

Plan A =6.58%

Explanation:

The weighted average cost of capital can be computed by multiplying the Cost of capital (after tax) with the weights. The weighted average cost for four plans are as follows

WACC = Cost of capital x Weights

PLAN A

                                Weights      Cost of capital      WACC

Debt                         3.0 %                    15 %                0.45%    

Preferred stock       6.0                        10%                0.6%

Common equity      10.0                      75%               7.5%

WACC                                                                          8.55%

PLAN B

                                Weights      Cost of capital      WACC

Debt                         3.2 %                  25%                0.8%    

Preferred stock       6.2                      10%                0.62%

Common equity      11.0                      65%               7.15%

WACC                                                                         8.57%

PLAN C

                                Weights      Cost of capital      WACC

Debt                          4.0 %                   35 %                1.4%    

Preferred stock        6.7                        10%                0.67%

Common equity       10.6                      55%               5.83%

WACC                                                                          7.90%

PLAN D

                                Weights      Cost of capital      WACC

Debt                         7.0 %                   45 %                3.15%    

Preferred stock       7.6                       10%                 0.76%

Common equity       12.6                     45%                5.67%

WACC                                                                          6.58%

4 0
3 years ago
The 2008 credit crunch occurred when banks reduced lending in response toa the loss of asset value for mortgage-backed securitie
rjkz [21]

Answer:

The correct answer is option a.

Explanation:

In 2007-2009 financial crisis occurred globally which originated in the US. It was triggered in the US because of the collapse of the housing bubble which caused the price of houses to decline.  

The housing bubble was backed by mortgages securities. The percentage of lower quality or subprime mortgages increase around 2004-06.  

This reduction in the asset value for mortgage securities caused the banks to reduce their lending as the debts on consumers and businesses were increasing.  

This caused the credit crunch in the year 2008.  

6 0
3 years ago
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