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satela [25.4K]
3 years ago
15

Write a short report on ethical business dilemmas, and give examples of ethical dilemmas faced by businesses.

Business
1 answer:
horsena [70]3 years ago
3 0

this is the edmentum answer and ill put my answer as well

Explanation:

edmentum: Ethical dilemmas are very common in the workplace. The employees of an organization are under pressure to deliver an expected level of performance. They need to perform to meet the organization’s goals without compromising on quality or giving in to temptation, such as opportunities to share confidential company data. When an organization provides training and guidance to its employees, it helps them to make appropriate ethical decisions.

The cultures of organizations vary. Some businesses do not look beyond their own profits, and their leaders often ignore their own standards of ethics. Employees who do not agree to certain practices may hesitate to protest because they don’t want to risk losing their jobs or for management to single them out as untrustworthy.

Ethical dilemmas are common in business processes; for example, when employees manipulate work reports to obtain recognition and appreciation, or when employees fudge financial statements to depict false increases in sales.

Another example of an ethical business dilemma would be an employee finding out that a senior manager is misusing company resources for personal gain. The employee may receive an offer from the manager to share in the unethical gains.

my answer: Ethical business dilemmas are growing more important over the years now that people have realized businesses should be treating their employees as human beings. Applying for a job you should be aware of common ethical dilemmas business faces and how well they handle them.  Some common dilemmas are health and safety, diversity and discrimination policies, employee privacy, unethical pricing, and sadly sexual harassment.

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Granite Construction Company is considering selling excess machinery with a book value of $175,000 (original cost of $315,000 le
aleksandr82 [10.1K]

Answer:

Sell option is preferred.

Explanation:

The decision whether to lease out the machinery that is surplus to requirement or sell outrightly is dependent on the differential analysis performed below.In the analysis I have compared the profits under each option in order to guide the final decision:

Differential analysis as at 7th November(Sale or lease option)                      

                                                                         Sell option              lease option

revenue   from sell/lease option                        $180,000                 $200,000

Brokerage commission(5%*$180,000)                 ($9,000)                        -

costs of repairs,insurance and property taxes          -                        ($34,400)

Profits                                                                        $171,000              $165,600

The sell option provides $5400($171,000-$165,600) than the lease option,hence the sell option is preferred.

One would have expect that the lease option since it has more revenue to preferable but the costs of repairs,insurance and property taxes were also on the high side

   

5 0
3 years ago
Suppose the local slaughterhouse gives off an unpleasant stench. the price of meat would then be _______ because not all of the
Ivanshal [37]

Suppose the local slaughterhouse gives off an unpleasant stench. the price of meat would then be too low because not all of the costs are accounted for in the marketplace.

When the price of an item increases, buyers tend to purchase less of that item due to both the substitution effect and the income effect. When the pizza was on sale at the student council he was selling for $2, Mo didn't buy any. When the price dropped to $1.75 he bought one for Moe's daily lunch.

An increase in demand and a decrease in supply raises the slaughterhouse price, but the effect on the equilibrium quantity cannot be determined. 1. For each quantity, consumers should place a higher value on the goods and producers should set a higher price to supply the goods. Therefore, the price is higher.

Learn more about the slaughterhouse at

brainly.com/question/9354360

#SPJ4

7 0
1 year ago
Sara’s Salsa Company produces its condiments in two types: Extra Fine for restaurant customers and Family Style for home use. Sa
Len [333]

Answer:

1.$4.29 per cases

2. Extra Fine $14.29

Family Style $13.29

3a. Extra Fine $4.71

Family Style $0.29

3b. What might the management conclude about the Family Style Salsa product line is that Family Style salsa are not yielding profit which may may inturn make make the company to stop the production of the product in a situation where either the cost are not reduced or where the price.

Explanation:

1. Computation for the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa using Plantwide overhead rate

Using this formula

Overhead cost=Total overhead cost/Total volume

Let plug in the formula

First step is to calculate the Total overhead cost

Total overhead cost = $130,800 + $349,000 +$206,000

Total overhead cost =$685,800

Second step is to calculate the Total volume

Total volume= 35,000 + 125,000 cases

Total volume=160,000 cases

Now let calculate the Overhead cost

Overhead cost=$685,800/160,000 cases

Overhead cost=$4.29 per cases (rounded)

Therefore since we are making use of plantwide rate which means that same overhead cost of the amount of $4.29 per cases will be assigned to each of the two case .

2. Calculation to determine the total cost per case for the two products

Extra Fine Family Style

Direct materials + Direct Labor $ 10.00 $ 9.00

Add Overhead $4.29 $4.29

Manufacturing cost per case $ 14.29 $ 13.39

Therefore the the total cost per case for the two products will be:

Extra Fine $14.29

Family Style $13.29

3-A Calculation to determine the gross profit per case for each product.

Extra Fine Family Style

Selling price per case $ 19.00 $ 13.00

Less Manufacturing cost per case $14.29 $13.29

Gross profit (loss) per case $ 4.71. $ (0.29 )

Therefore the gross profit per case for each product will be ;

Extra Fine $4.71

Family Style $0.29

3-b. Based on the above Calculation What might the management conclude about the Family Style Salsa product line is that Family Style salsa are not yielding profit which may may inturn make make the company to stop the production of the product in a situation where either the cost are not reduced or where the price.

3 0
3 years ago
INVESTOR Corp. was interested in investing in bonds and, on 01/01/2012 purchased 8% bonds dated January 1, 2012. These bonds had
seropon [69]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
3 years ago
As of December 31, Plush has not recorded any insurance expense for the year. The only insurance policy it owns is the one purch
konstantin123 [22]

Answer:

Debit Insurance expense    $10,000

Credit Prepaid Insurance    $10,000

Being entries to recognize insurance expense for the period (August to December).

Explanation:

Given;

Insurance policy was purchased on July 10 to run for 3 years.

Cost of policy = $72,000

Start date is August 1st. As at 31 December, the policy should have been amortized for 5 months (August to December)

Monthly depreciation = $72,000/(3 × 12)

                                    = $2,000

Total amortization between August and December = 5 × $2,000

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Journal entries

Debit Insurance expense    $10,000

Credit Prepaid Insurance    $10,000

Being entries to recognize insurance expense for the period (August to December).

7 0
3 years ago
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