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bixtya [17]
3 years ago
14

Hailey, a lawyer on the staff of International Group, always considers the consequences of an action rather than the nature of t

he action itself when making ethical decisions in a business context. Hailey is applying
the utilitarian theory of ethics in business contexts.

religious beliefs in business contexts.

Kantian ethics in business contexts.

the principle of rights theory of ethics in business contexts
Business
1 answer:
Vinil7 [7]3 years ago
6 0

Answer:

the utilitarian theory of ethics in business contexts.

Explanation:

According to the Utilitarian theory of ethics, the steps to be chosen by any business of entity should rely on maximizing the good and minimizing the sufferings. Also, at the same time, the benefit or good to the maximum is required to be considered before taking any decision.  

In the given excerpt, Hailey adopts the utilitarian theory of ethics by focusing on the outcome of the steps that he take.

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Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 50,000 bottles of wine were sold every
grigory [225]

Answer:

$4

$1 and $3

False

Explanation:

As per the data given in the question,

a)

Amount of tax for each bottle is $4 because the sellers are receiving $2 and buyers are paying $6. Therefore,

Amount of the tax on a bottle of wine is $6 - $2 = $4

b)

Burden on the consumer = $6 - $5

= $1

Burden on the seller = $4 - $1

= $3

c)

False, because the tax incidence depends on the flexibility or elasticity  of market.

6 0
3 years ago
Suppose the price of pepperpepper increases by 1010 percent​ and, as a​ result, the quantity of saltsalt demanded​ (holding the
Mazyrski [523]
<span>The cross-price elasticity of demand between salt and pepper is -0.50 In this example salt and pepper are Complements. Instead, suppose salt and pepper were substitutes. If so, the the cross-price elasticity of demand between salt and peeper would be positive.</span>
6 0
3 years ago
The Securities and Exchange Commission: Multiple Choice verifies the accuracy of the information contained in the prospectus. pu
nasty-shy [4]

Answer:

reviews registration statements to ensure they comply with current laws and regulations.

Explanation:

The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.

In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.

<em>Hence, Securities and Exchange Commission reviews registration statements of bond issuers, investment advisers etc, to ensure they comply with current laws and regulations.</em>

5 0
3 years ago
"Sheridan Processes is involved with innovative approaches to finding energy reserves. Sheridan recently built a facility to ext
gladu [14]

Answer:

Natural gas is debited by $6.3 million and asset retirement obligation is credited by $6.3 million.

Explanation:

According to the scenario, computation of the given data are as follow:-

Estimated cost = $16 million

Present value = $6.3 million

So, we will make journal entry for asset retirement obligation by taking present value of assets.

Journal entry to record the asset retirement obligation are as follows :-

Natural gas facility A/c  Dr.   $6,300,000

To Asset retirement obligation A/c  $6,300,000

( Being asset retirement obligation is recorded)

4 0
3 years ago
William is thinking about raising funding for his new business. To get advice on how to proceed, he stopped by his local Small B
MakcuM [25]

Answer:

<em>business plan</em>

Explanation:

A business plan <em>is a written overview of the future of your business, a document that shows you what to do and how to do it.</em>

When you write down a section outlining your business strategy on the back of an envelope, you've written a plan or at least one's gem.

Business plans are strategic intrinsically.

5 0
3 years ago
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