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alex41 [277]
2 years ago
12

True statement about the relationship between law, ethics, and business

Business
1 answer:
nignag [31]2 years ago
4 0

Hi. You didn't provide the answer options and this makes it impossible for me to answer your question specifically. However, when searching for your question, I was able to find another question exactly like yours that showed the answer options shown in the figure attached. In that case, I hope the answer below can help you.

Answer:

The last option is the correct answer.

Explanation:

Ethics and morals are very variable elements and do not have a fixed determination, as their concepts are not objective. Morals and ethics is something personal that presents itself in different ways for each person. As a company is made up of many different people, the concepts of morals and ethics are as different as possible, but the people responsible for managing the company must determine an ethical and moral conduct to be followed by their employees and collaborators. However, this conduct is built with commercial objectives and as it is not possible to measure how much of these objectives are moral and ethical, the relationship between the company's value and ethical conduct is obscure and difficult to be judged.

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The endpoints (horizontal and vertical intercepts) of the budget line: Group of answer choices represent the quantity of each go
erik [133]

Answer:

represent the quantity of each good that could be purchased if all of the budget were allocated to that good.

Explanation:

The budget line is a graph which shows the two combinations of goods a consumer can consume given price and income level

<u>Properties of the budget line </u>

  1. When income increases, the budget line shifts outward and shifts inward when income decreases
  2. the horizontal and vertical intercepts represent  the quantity of each good that could be purchased if all of the budget were allocated to that good.
  3. the budget line is a straight line. This indicates that the marginal rate of substitution is constant
  4. the budget line is negatively sloped
4 0
2 years ago
The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this pro
Mrac [35]

Answer:

mhm yeah

Explanation:

4 0
2 years ago
Which of the following is the most accurate description of a value network? A) a system of partnerships and alliances that a fir
KIM [24]

Answer:

The correct answer is A

Explanation:

Value network is the graphical illustration of the technical as well as social resources among the firms and how they are utilized. And the nodes in the value network states the people, which are connected or linked through the interactions which represent the deliverables.

So, the accurate statement is that it is a system of the alliances and the partnerships which firm creates to augment, deliver and source its offerings.

4 0
3 years ago
Which of the following refers to documents that specify the conditions under which an exchange is to occur and detail the rights
madreJ [45]

Answer:

contracts                      

Explanation:

A contract is essentially an arrangement among two parties which creates a legal duty for both sides to carry out specific events. Each group is required by law to perform the job indicated, such as making the payment or transporting goods.

A contract might be used for different transactions, like selling land or commodities, or providing services. These may be either verbal or published, although the judiciary prefer to put in print the arrangements.

It is best to think about contract statements in a sequence. The full contract development starts with talks and may experience many changes before achieving a final deal.

5 0
3 years ago
Assessments of how a diversified company's subsidiaries compare in competitive strength should be based on such factors as:
larisa86 [58]

Complete Question:

Assessments of how a diversified company's subsidiaries compare in competitive strength should be based on such factors as;

A. vulnerability to seasonal and cyclical downturns, vulnerability to driving forces, and vulnerability to fluctuating interest rates and exchange rates.

B. relative market share, the ability to match or beat rivals on key product attributes, brand image and reputation, costs relative to competitors, and the ability to benefit from strategic fits with sister businesses.

C. the appeal of its strategy, the relative number of competitive capabilities, the number of products in each business's product line, which businesses have the highest/lowest market shares, and which businesses earn the highest/lowest profits before taxes.

D. the ability to hurdle barriers to entry, value chain attractiveness, and business risk.

E. cost reduction potential, customer satisfaction potential, and comparisons of annual cash flows from operations.

Answer:

B. relative market share, the ability to match or beat rivals on key product attributes, brand image and reputation, costs relative to competitors, and the ability to benefit from strategic fits with sister businesses.

Explanation:

Assessments of how a diversified company's subsidiaries compare in competitive strength should be based on such factors as;

1. Relative market share: this measures the subsidiaries position in a market in relation to its competitors in the same industry. It is a measure of the percentage of the market they control.

2. The ability to match or beat rivals on key product attributes: this is really important in the assessment of competitive strengths because it represents the level of acceptance of their products by consumers in comparison with rivals.

3. Brand image and reputation: if the subsidiary is well accepted by the consumers, it simply suggests that they have a good brand image and reputation in the market. A good brand image and reputation is competitive strength.

4. Costs relative to competitors: the higher the price a company is selling its products relative to rival companies, the lesser its sales would be because consumers would naturally go for cheaper products or lower prices.

5. The ability to benefit from strategic fits with sister businesses: companies should be able to achieve their set goals and objectives from opportunities presented by their sister company.

<em>Hence, the competitive strength of a diversified company and its subsidiaries should be assessed based on the aforementioned factors</em>.

8 0
2 years ago
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