1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
antiseptic1488 [7]
3 years ago
7

Frank has thirty years of service as a manager for his company. he remembers when managers had almost complete freedom to fire w

orkers. frank thinks this is only fair. "after all," frank points out, "workers quit whenever they get a better offer. shouldn't managers have as much freedom to fire workers as the workers have to quit?" frank's comments suggest that he believes in the doctrine of
Business
1 answer:
Alex787 [66]3 years ago
8 0

From the described case in the question, it is clear that Frank believes in doctrine called at-will employment or employment at-will.

At-will employment is a <u>U.S term used for a condition where an employee can be fired at anytime and without any warning as long as the reason isn’t illegal by law</u>.

This type of doctrine is no longer the main doctrine used in most U.S states by the 20th century, but it was commonplace during the late 19th century.

You might be interested in
Cane company manufactures two products called alpha and beta that sell for $225 and $175, respectively. each product uses only o
tester [92]

Answer:

The special order should be rejected since it decreases net profit.  

Explanation:

Alpha = $225

Beta = $175

total production capacity = 130,000 pounds

raw materials = $6 per pound

Production costs per unit                        Alpha                Beta

direct materials                                          $42                   $24

direct labor                                                 $42                   $32

variable manufacturing overhead            $26                   $24  

fixed manufacturing overhead                 $34                   $37

variable selling expenses                         $31                    $27

<u>common fixed expenses                          $34                   $29  </u>

total cost per unit                                    $209                 $173

Cane expects to sell 114,000 Alphas.

Net profit = (114,000 x $225) - (114,000 x $209) = $25,650,000 - $23,826,000 = $1,824,000

If the new sales order is accepted, Cane's revenue will increase to:

  • 101,000 x $225 = $22,725,000
  • 29,000 x $156 = $4,524,000
  • total = $27,249,000

Their total cost will by:

  • 114,000* x $209 = $23,826,000
  • 16,000 x ($209 - $34 avoidable fixed costs) = $2,800,000
  • total = $26,626,000

*This sale increases the output, but previous costs cannot be avoided.

Net profit with special order = $27,249,000 - $26,626,000 = $623,000

The special order should be rejected since it decreases net profit.  

6 0
2 years ago
Delta Lighting has 30,000 shares of common stock outstanding at a market price of $15 a share. This stock was originally issued
pochemuha

Answer:

the weighted average cost of capital is 11.57 % .

Explanation:

Market Value of Equity = Number of Common Shares Outstanding × Market Price per share

                                      = 30,000 shares × $15

                                      = $450,000

Market Value of Debt = Face Value × 82%

                                    = $280,000 × 82%

                                    = $229,600

WACC = Ke × (E/V) + Kd × (E/V)

           = 14.00 % × ($450,000/ $679,600) + 6.80 %  × ($229,600/ $679,600)

           = 9.27 % + 2.30 %

           = 11.57 %

3 0
3 years ago
Suppose bundle a contains 5 cds and 5 dvds and bundle b contains 88 cds and 33 dvds. if a consumer is able to rank different com
Fofino [41]
<span>If a consumer was asked to rank different combinations of goods and services terms of how much utility they provide, then a bundle with a total of 112 cds and dvds would rank higher than a bundle with a total of 10 cds and dvds, if based on total of goods only. This does not take into account the contents of the media.</span>
5 0
2 years ago
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, in
Mazyrski [523]

what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets, is known as:

"Reverse Innovation."

This is because reverse innovation is a type of innovation in which the product is originally innovated for poor neighborhoods such as developing regions, then repackaged in a way that is then sold to the rich neighborhoods such as developed regions.

Reverse innovation is a term originally coined by Vijay Govindarajan and Chris Trimble.

They claimed that reverse innovation is a kind of bottom-up innovation strategy whereby the products designed for poor areas are then redefined and sold to the rich areas.

Hence, in this case, it is concluded that the correct answer is "Reverse Innovations."

Learn more here: brainly.com/question/17931211

4 0
2 years ago
You are the manager of a firm that receives revenues of $40,000 per year from product X and $90,000 per year from product Y. The
Novosadov [1.4K]

Answer:

Have a good day today! You got this :)

7 0
2 years ago
Other questions:
  • ​japan's largest paper​ company, nippon​ seishi, has decided to own huge forests and corresponding processing facilities in​ aus
    5·1 answer
  • In the product development process, what takes place between concept testing and market testing? Multiple Choice securing financ
    12·1 answer
  • Kathy has taken a job with her ideal company and is excited to start in their sales department. During orientation, she is told
    7·1 answer
  • The employees at Run Shoes Inc. work in groups that work together by collaborating their skills and cooperating with each other.
    13·1 answer
  • You are installing a new computer system with
    12·1 answer
  • An appliance store carries a specialty model of microwave ovens. The demand for the microwave oven is relatively constant at 250
    15·1 answer
  • What is the present value of a four-year annuity of $100 per year that makes its first payment 2 years from today if the discoun
    12·1 answer
  • so i want to prank my bff her phone number is 7867207978 lol her name is valentina im giving 25 points for anyone who calls her
    11·2 answers
  • Which resources can help you learn more about specific careers? Check all that apply. CareerOneStop a personal assessment a pers
    14·2 answers
  • Need help making a prediction about where technology is going in the future!
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!