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Svetradugi [14.3K]
3 years ago
14

How do managers decide upon an ethical course of action when confronted with decisions pertaining to working conditions, human r

ights, corruption, and environmental pollution
Business
1 answer:
TiliK225 [7]3 years ago
4 0

Answer:

1. Identify stakeholder's decisions - <u><em>Consider</em></u>

The first step is to identify what the decisions to be made are.  

2. Judge the ethics of strategic decisions - <u><em>Know</em></u>

After finding out the decisions, find out what ethical considerations relate to these decisions.  

3. Establish moral intent - <u><em>Decide</em></u>

Then decide on which decision to take based on what the ethical considerations were as well as the values of the company.  

4. Engage in ethical behavior - <u><em>Act</em></u>

Take the decision that you decided from the last step.  

5. Audit decisions - <u><em>Ask</em></u>

As always there has to be an evaluation. Keep checking how the decision is working out to see if it was the right one.

You might be interested in
The phase of the business cycle that includes a period of decline in GDP and
Anarel [89]

Answer:

Contraction:

Explanation:

The contraction period is the time between the peak  (highest growth rate) and the trough ( the lowest growth rate).  At contraction, the GDP value declines from its peak to the lowest or negative growth rate. Contraction means a shrink in economic activities.

During contraction, the unemployment rate rising as employers lay-off workers due to reduced demand. Incomes and profits decline, and the GDP value decreases to low or negative values. The contraction period starts with a recession, which is a decline in GDP value for two consecutive quarters.

4 0
3 years ago
Read 2 more answers
Red Blossom Corporation transferred its 40 percent interest to Tea Company as part of a complete liquidation of the company. In
kogti [31]

Answer:

The amount of gain that Red Blossom recognize in the exchange is $322500 and its basis in the land it receives is $635000.

Explanation:

Red Blossom recognize the gain

= Fair market value of land – corporation basis

= $635000 - $312500

= $322500

Basis of Land = Fair market value  

                       = $635000

$322500 gain recognized and a basis in the land of $635000

Therefore, The amount of gain that Red Blossom recognize in the exchange is $322500 and its basis in the land it receives is $635000.

8 0
3 years ago
Check my workCheck My Work button is now enabledItem 15 Time Remaining 2 hours 27 minutes 1 second02:27:01 Exercise 8-16 Direct
Step2247 [10]

Answer:

Zan Corporation

Production Department

Quarters                                1st            2nd           3rd          4th       Total

1. Raw materials              50,000g   62,000g  54,000g  44,000g 210,000g

  Purchased

2. Cost of purchases    $60,000   $74,400  $64,800  $52,800 $252,000

3. Total disbursement   $38,880  $68,640  $68,640   $57,520  $233,680

4. Direct labor costs      $11,500    $18,400    $16,100   $13,800    $59,800

Explanation:

a) Data and Calculations:

Forecast Production

Quarters                               1st            2nd           3rd            4th       Total

Units to be produced        5,000        8,000       7,000       6,000     26,000

Grams required               40,000g   64,000g  56,000g   48,000g 208,000

Beginning Inventory          6,000g    16,000g   14,000g    12,000g   6,000g

Raw materials purchase 50,000g   62,000g  54,000g   44,000g 210,000g

Ending Inventory             19,200g     16,800g   14,400g      9,600g

Cost of purchases        $60,000   $74,400  $64,800   $52,800  $252,000

Beginning Inventory cost  7,200     19,200      16,800      14,400

Total Cost of materials $67,200  $93,600   $81,600   $67,200

Cost of materials used $48,000  $76,800  $67,200   $57,600

Grams required by 1 unit        8 gm

Cost of 1 gm = $1.20

Ending Raw materials

25% of next quarter's  16,000gm    14,000gm  12,000gm  8,000gm

Accounts Payable

Beginning balance         $2,880

Cost of purchases       $60,000   $74,400  $64,800   $52,800  $252,000

Cash Disbursement for purchases of materials:

Cash Payment:                  1st            2nd           3rd            4th       Total

60% quarter acquired  36,000      44,640     38,880      31,600

40% in ffg quarter          2,880      24,000     29,760     25,920

Total disbursement   $38,880    $68,640  $68,640   $57,520  $233,680

Cost of direct labor:

Each unit requires 0.20 direct labor-hours at $11.50 per hour

Quarters                               1st            2nd           3rd            4th       Total

Units to be produced       5,000        8,000       7,000       6,000     26,000

Total direct labor-hours    1,000         1,600        1,400       1,200        5,200

Direct labor costs          $11,500     $18,400    $16,100   $13,800   $59,800

7 0
3 years ago
Bird Brain Co. reported net income of $45,000 for the year ended December 31, 2018. January 1 balances in accounts receivable an
mart [117]

Answer:

$48,000

Explanation:

Computation for Brain's cash flows from operating activities

CASH FLOW FROM OPERATING ACTIVITIES

Net income$45,000

Add: Decrease in Account receivable $1,000

($23,000-$22,000)

Add: Increase in Account Payable $2,000

($26,000-$28,000)

Cash flows from operating activities $48,000

Therefore Brain's cash flows from operating activities would be: $48,000

5 0
4 years ago
When nations increase production in their area of _________________ and trade with each other, both sides can benefit.
Elenna [48]

Answer:

comparative advantage

Explanation:

Comparative advantage in finance is crucial for production because it helps nation to manufacture their goods with low opportunity cost compare to their co- partner in that production line.

Production which is an essential aspect in economics is a process of turning raw materials into finished goods are very crucial in each nation of the world and for economic process to be completed.

It should be noted that When nations increase production in their area of comparative advantage and trade with each other, both sides can benefit from it.

7 0
3 years ago
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