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Salsk061 [2.6K]
2 years ago
7

Comment with your agreement or disagreement (and why) on the following quote; include in your answer a discussion of what the CE

O’s role should be in setting ethical standards and in enforcing ethical behavior: ""Value statements serve as a cornerstone for culture building; a code of ethics serves as a cornerstone for developing a corporate conscience.""
Business
1 answer:
shusha [124]2 years ago
8 0

Answer:

agreed

Explanation:

In simple words, the modern business environment is such that an unethical firm will not survive for long in the market. Thus, it is mandatory for firms to be ethical in every way. A CEO of a company represents the company and can considerations the face of the entity, thus, his or her authority obliges him or her to act and make others act in an ethical manner.

The value statements and code of ethics should be considered as must for the operative activities as it serves as a code of conduct for followers.

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Your firm is considering opening a branch office in Kyle. The office would cost $485,000 to build the office. During the office
wariber [46]

Answer:

The NPV from opening the branch office is negative ( -$106668.08). Thus the branch office should not be opened.

Explanation:

The decision to open the branch office will be taken based on the NPV provided by opening of the branch office. If the NPV of a project is positive based on the required rate of return used as a discount rate fro cash flows, the investment is worth undertaking.

The net present value (NPV) for a project can be calculated as,

NPV = CF1 / (1+r)  + CF2 / (1+r)²  + ...  + CFn / (1+r)^n  -  Initial Outlay

Where,

  • r is the appropriate discount rate
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  • CF represents cash flows from the project

As the required return is 16%, we will take this as the appropriate discount rate.

NPV = 45000 / (1+0.16)  +  120000 / (1+0.16)²  +  150000 / (1+0.16)³  +

150000 / (1+0.16)^4  +  150000 / (1+0.16)^5  -  485000

NPV = - $106668.08

As the NPV from project is negative at a required return of 16%, the project should not be under taken and the branch office should not be open.

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Taking a self-assessment test is a good way to learn about your self and careers that are suitable for you
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Yeah good point ........
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The story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of:
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What unique about him is:
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- He openly receive any ideas his employees gave to him as long as it's related to their growth as an organization.</span>
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3 years ago
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