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3 years ago

Straw men approaches to business ethics are used to demonstrate

Business

1 answer:

azamat3 years ago

8 0

Answer:

D. Justice Theories

Explanation:

Justice theories just like straw men approaches is a philosophical approach to business ethics. It focuses on fair and equitable. Justice theories is more concerned with attainment of just distribution of economic goods and services.

Strawmen approaches on the other hand either choose to deny the value of business ethics or apply the concept in an unsatisfactory manner. It offers inappropriate guidelines for ethical business decision making in multinational enterprise. Some of the approaches included Friedman doctrine, cultural relativism, righteous moralist and naive immoralist.

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If the demand for product x is inelastic, a 4 percent decrease in the price of x will.

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A 4 percent decrease in the price will lead to an increase in the quantity demanded by less than 4 percent.

<h3>What is demand?</h3>

Demand simply means the amount of goods and services that a buyer wants to buy at a particular price and time.

When the demand for product x is inelastic, a 4 percent decrease in the price of x will lead to an increase in the quantity demanded by less than 4 percent.

Learn more about demand on:

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2 years ago

You are to receive $500 at the end of one year; $250 at the end of two years; $300 at the end of three years. if the interest ra

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The value is 210 dollars

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4 years ago

Jonathan Mfg. adopted a job-costing system. For the current year, budgeted cost driver activity levels for direct labor hours an

Hitman42 [59]

Answer:

C. $ 7,500

Explanation:

Estimated direct labor cost $ 100,000

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Applied overhead based on the predetermined overhead

rate per direct labor hours

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The information regarding machine hours is not relevant to the requirements of the question.

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3 years ago

It is better to evaluate economic decisions at the marginal, where the decision has to be made as long as its marginal benefit e

Wittaler [7]

Answer: True

Explanation:

Marginal benefit is the maximum amount that a consumer will be willing to pay for an extra product. It should be known that as consumption rises, the marginal benefit starts reducing.

The marginal cost is the extra cost that a producer incurs when an extra unit of a product is made. Economic decisions made by economic agents are typically based on marginal as it'll be possible to know the impact of an extra decision made on a variable.

Therefore, it is better to evaluate economic decisions at the marginal, where the decision has to be made as long as its marginal benefit exceeds its marginal cost, if not equal to its marginal cost.

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4 years ago

Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 75,000 $1 par c

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Answer:

the total compensation cost is $75,000

Explanation:

The computation of the total compensation cost for this plan is shown below:

Total compensation cost = option granted × fair value of each option

total compensation cost = 75000 × $1

total compensation cost = $75,000

Here to determined the total compensation cost we simply multiplied the option granted with the fair value of each option so that the correct amount could come

Therefore the total compensation cost is $75,000

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3 years ago