A work that is created in small scale can communicate _________

what are the three most important ethical principles that you feel organizations should adhere to in terms of their staffing phi

Alja [10]

Answer:

fairness,
honesty,
integrity

Explanation:

The three most important ethical principles that should guide all organizational activities are fairness, honesty and integrity. Currently we live in a globalized and multicultural business scenario, where there is an intense flow of information and a lot of competitiveness, so it is necessary that organizations seek to adapt their strategic planning to this new reality, where corporate governance is an essential parameter of relationship with a company by many stakeholders.

The fairness, honesty and integrity of the company will help it to maintain an internal environment focused on the development of skills and an organizational culture based on ethics and respect for all employees, regardless of their individual values or hierarchical position. These ethical principles will also help the organization to have a good image in the market, to attract greater reliability and transparency in the processes.

3 0

3 years ago

In order to purchase the parts from the supplier, Torc Tools Corp. had to agree with all of the terms set forth in the document

Paha777 [63]

Answer:

Contract

Explanation:

From the question we are informed about instance, whereby In order to purchase the parts from the supplier, Torc Tools Corp. had to agree with all of the terms set forth in the document the supplier provided which detailed the rights and obligations of the supplier and Torc Tools Corp. In this case, This document is a type of contract. A contract can be regarded as written agreement that binds. Contracts can be explained as documents which define responsibilities as well as roles, and “Work” which is still under the construction Contract, this document can be seen as one that is legally-binding on involved parties, this could be between Owner and Contractor. It do contains information such as General Conditions as well as Special Conditions and Scope of Work.

3 0

4 years ago

A company has employed two workers A and B whose productivities are 20units and 15units respectively. The wage for A is k12 whil

Aliun [14]

Answer:

No they are not optimally employed

Explanation:

When comparing two employees to see if they are optimally employed we will look at the ratio of their productivity and the ratio of their wages.

Ideally the ratio of their wages should be above the ratio of their productivity for them to be optimally employed.

Productivity ratio of A and B= 15 ÷ 20= 0.75

Wage ratio of A and B= 8 ÷ 12= 0.6666

Wage ratio is less than productivity ratio so the employees are not optimally employed.

6 0

3 years ago

Assume a purely competitive firm is selling 200 units of output at $3 each. At this output, its total fixed cost is $100 and its

raketka [301]

The correct option is: maximizing its profit, but not necessarily the maximum profit.

<h3>What is Profit Maximization in a Perfectly Competitive Market ?</h3>

The perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price.

When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.

A perfectly competitive firm has only one major decision to make—namely, what quantity to produce. To understand why this is so, consider the basic definition of profit:

Profit=Total revenue−Total cost

(Price) (Quantity produced)−(Average cost) (Quantity produced)

According the question scenario,

Given:

Firm is selling = 200 units

output = $3 each

fixed cost = $100

variable cost = $350

solution:

Total average cost = variable cost + fixed cost .........(1)

Total average cost = 350 + 100

Total average cost = $450

Cost per unit = average cost ÷ no of unit ...................(2)

Cost per unit = 450 ÷ 200

Cost per unit = $2.25

So here firm is incurring per units is $2.25 but here earning per unit is $3.

So that here firm is earning economic profit as here market price is greater than earning maximum profit.

Therefore, we can conclude that the correct option is : maximizing its profit, but not necessarily the maximum profit.

Learn more about Profit Maximization on:

brainly.com/question/13464288

#SPJ4

8 0

2 years ago

Having the skill to coordinate different people and different tasks to work towards one goal is necessary for one of the followi

alex41 [277]

Answer:

C. Manager

Explanation:

Makes the most sense to me. You have to know how to deal with people and assign tasks to get the job done. Sounds like every manager i know.

5 0

2 years ago

A work that is created in small scale can communicate __________ .