All categories

3 years ago

How ethics and profit are interrelated ?

Business

1 answer:

sweet-ann [11.9K]3 years ago

7 0

Answer:

The relationship between ethics and profits is a rather tenuous one, whether one defines corporate ethics narrowly in terms of obeying the law, or more broadly in terms of management's acceptance of responsibility for the welfare of the company's stockholders.

Explanation:

You might be interested in

Equity is A. always achieved by the market. B. when poorer people's income is growing more rapidly than more wealthy people's

lutik1710 [3]

Answer:

C. the fair distribution of economic benefits

Explanation:

In economics, there is equity in resource distribution if resources are distributed in such a way as to ensure fairness and justice.

In a command economy, in order to ensure justice and fairness, the government is charged with the responsibility of redistributing economic resources. While in a capitalist economy, the price system does the work of income redistribution.

The question of equitable resource distribution can be achieved through pareto optimal allocation of resources, Vilfredo Pareto in his book “Manual of Political Economy”, 1906. A Pareto-optimal allocation of resources is achieved when it got to a point where it is impossible to make anyone better off without making someone else worse off.

4 0

3 years ago

If an economy has just suffered a serious recession but real gdp is expanding once again, we can conclude the unemployment rate

Mnenie [13.5K]

If an economy has just suffered a serious recession, we can conclude that the unemployment rate is high. After the recession when the real gdp is expanding, we can safely assume that more workers are needed to produce the gdp, which means that the unemployment rate will drop.

7 0

4 years ago

A company wants to restrict access to sensitive data. Only those who have a "need to know" will have access to this data. Strong

Sergeeva-Olga [200]

Answer:

Password and U2F token

Explanation:

The password and the U2F token do not include user identification but are applied or used for two factors authentication

Here password could be for social websites like login to social websites. When login it asks for authentication for higher security so that the hacking could be minimized

The U2F refers to the universal two-factor authentication. It can be used through the USB, NFC, Bluetooth device

7 0

3 years ago

Two products, QI and VH, emerge from a joint process. Product QI has been allocated $21,300 of the total joint costs of $42,000.

nikklg [1K]

Answer:

Processing QI further would lead to a loss of ($5,200)

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .

Financial disadvantage of processing QI further

Sales revenue after the split-off point (13× 2,800) 36,400

Sales revenue at the split-off point (11× 2,800) (30,800)

Additional sales revenue 5,600

Further processing cost ( 10,800)

Net advantage from further processing 1,200 (5,200)

Processing QI further would lead to a financial disadvantage of ($5,200)

7 0

3 years ago

Empathy involves _____.

oksian1 [2.3K]

Answer:

active listening

Explanation:

Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.

Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.

I hope this helps! :)

☁️☁️☁️☁️☁️☁️☁️

3 0

3 years ago