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Llana [10]
3 years ago
6

Organizational ethics begins at the top, and the leadership and example of strong managers can help instill corporate values in

employees. More and more companies have adopted written codes of ethics. Trust and cooperation between workers and managers must be based on fairness, honesty, openness, and moral integrity. The same applies to relationships among businesses and between nations. Compliance-based ethics codes emphasize preventing unlawful behavior by increasing control and penalizing wrongdoers. Integrity-based ethics codes define the organization's guiding values, create an environment that supports ethically sound behavior, and stress shared accountability.
Match the features to the correct type of Ethics Code.

a. Education, reduced employee discretion
b. Enable responsible employee conduct
c. Lawyers
d. Conform to outside standards
e. Accountability, decision processes, control
f. Conform to outside standards and chosen internal standards
g. Avoid criminal misconduct
h. Managers

Features of compliance- Based ethics codes Features of Integrity- Based ethics codes

Ideal
Objective
Leader
Methods
Business
1 answer:
Nat2105 [25]3 years ago
4 0

Answer:

Features of compliance- Based ethics codes

Ideal ⇒ Conform to outside standards

Compliance codes means that there are external standards that need to be complied with such as legal codes.

Objective ⇒ Avoid criminal misconduct

Going against these codes would be a criminal act if the codes are enforced by the government.

Leader ⇒ Lawyers

Lawyers enforce these codes through lawsuits as they fall under the legal realm.

Methods ⇒ Education, reduced employee discretion

To ensure these codes, employees should be educated on them to reduce instances of employee discretion.

Features of Integrity- Based ethics codes

Ideal ⇒ Conform to outside standards and chosen internal standards.

Company goes the extra mile of instituting their own standards in addition to outside standards.

Objective ⇒ Enable responsible employee conduct.

Goal is to ensure that employees act with integrity and responsibility.

Leader ⇒ Managers

As this is internal, it would be enforced by managers.

Methods ⇒ Accountability, decision processes, control.

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Answer:

enterprise value to EBITDA.

Explanation:

The computation of the value of the stock using P/E ratio is shown below:-

Stock value = (P/E ratio × EPS) × Number of shares outstanding

= (12.9 × $2.33) × 5.3 million

= 159.3021 million

Now, the computation of the value of the stock using EBITDA multiple is shown below:-

Stock value = (EBITDA multiple × EBITDA) - Net debt

= (7.1 × $29.3 million) - $125 million

= 208.03 - $125 million

= 83.03

There is no equivalent corporate debt. It is easier to make a comparison at the operating level and thus a better measure of valuation is the enterprise value to EBITDA.

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3 years ago
Frank, the CEO of an American production company, negotiated an opportunity with a television provider in India. After the negot
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Answer:

The contract would be described as <em>International Contract.</em>

Explanation:

<em>International Contracts: </em>International contracts refers to a legally binding agreement between parties based in different countries, in which they are obligated to do or not do certain things. International contracts may be written in a formal way such as the example of Frank contracting an Indian television provider.

Consequently, Frank and the Indian television provider having entered into a contract, are governed by international contract law unless they agree to abide by the laws of one of the US and India.

Moreover, <em>International sales contracts </em>are governed by the <em>United Nations Convention on Contracts for the International Sale of Goods (CISG) from 1980.</em>

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You can buy a car that is advertised for $24,600 on the following terms: (a) pay $24,600 and receive a $4,600 rebate from the ma
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Answer:

A. $20,000

B. $17,234.18

C.Option (b)

Explanation:

Obviously, the option with lower Present Value would be the best option to buy the car. The Present Value of the options can find out as following

REQUIREMENT A

Price of car = $24,600  

Rebate = $4,600

Present value of the payments for option  = Price of the car – rebate  

Present value of the payments for option (a) = $24,600 - $4,600

Present value of the payments for option = $20,000

REQUIREMENT B

We can use the following Present Value of an Annuity formula to calculate the present value of the payments

PV of the payments for option  = PMT * [1-(1+i) ^-n)]/i

PV of the payments for option (b) (PV) =?

Monthly payment PMT =$410 per month

Number of payments n = 5 years *12 months = 60

Monthly interest rate i=1.25% per month or 0.0125

PV of the payments for option  = $410 x [1- (1+0.0125) ^-60]/0.0125

PV of the payments for option  = $17,234.18

REQUIREMENT C.

Which is the better deal?

Option (b) is better deal as the present value of payments ($17,234.18) is less than Present value of the payments for option (a); $20,000.

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