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Over [174]
3 years ago
7

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:

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Through coordinating partnerships with dedicated suppliers, Warby Parker have ensured quality, built a lean manufacturing operat
Sedbober [7]

Answer:

B. Profit / Economic

Explanation:

The triple bottom line addresses three factors that a socially responsible company must adhere to. The People / Social factor discusses the importance of the social needs of the customers which the customer must fulfill. The Planet / Environment factors are the factors that discusses about the responsiblity of the company to manufacture environmental friendly products that do not harm the environment and is sustainable. The Profit / Economic factor is one of the three factor which company must try to earn profit to keep the business running and thus benefits by earning profit to a lot of stakeholders.

The quality product is a reason why the customer prefer the company's product which helps the company in making profit. So the profit / economic factor is the right option.

6 0
3 years ago
The three major types of firms in the united states are called
Nina [5.8K]
The three major types are;
1. Partnerships
2. Corporations
3. Sole proprietorship

5 0
3 years ago
"why would a producer decide to produce in a competitive market in which she will earn zero profit in the long run?"
notka56 [123]
<span>Money is not the only measure of success and not everything is transactional. A producer may choose to produce for many reasons. Among them, working with exceptional talent as well as gaining experience and getting street creds.</span>
3 0
3 years ago
Read 2 more answers
QS 23-16 Product pricing LO P6 Garcia Co. sells snowboards. Each snowboard requires direct materials of $122, direct labor of $5
anzhelika [568]

Answer:

Selling price= $336.6

Explanation:

Giving the following information:

Variable costs:

direct materials= $122

direct labor= $52

variable overhead= $67

Total unitary variable cost= $241

Total fixed costs= 679,000 + 114,000= $793,000

<u>First, we need to calculate the total unitary cost:</u>

Total unitary cost= (793,000/12,200) + 241

Total unitary cost= $306

<u>Now, the selling price:</u>

Selling price= 306*1.1

Selling price= $336.6

5 0
3 years ago
What is a board of directors??
tekilochka [14]
A group of individuals that can get elected basically
Hope it helped!!
5 0
3 years ago
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