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3 years ago

What does it mean to say that a "business" has responsibility?

Business

1 answer:

Fynjy0 [20]3 years ago

3 0

Answer:

They can operate a business however they choose, but it must be fair and right to society.

Explanation:They must keep their hours everyday, fair prices, etc

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A company makes bicycles. It produces 850 bicycles a month. It buys the tires for bicycles from a supplier at a cost of Rs.60 pe

Triss [41]

Answer:

B: 522 tires

B: 39 orders

Explanation:

a. Calculation for EOQ

First step is to Calculate the Annual Demand which is D

D = Annual demand = (2 tires per bicycle) x (850 bicycles per month) x (12 months in a year)

D=20,400 tires

Second step the ordering cost is given in the question which is :

S = Ordering cost = 90 per order

Third step is to Calculate the carrying cost which is H

H = carrying cost = (15%) x ($60 per unit)

H= $ 13.50 per unit per year

Last step is to Calculate the EOQ

EOQ = √{ (2 x 20,400 x $90) / $13.50

EOQ= 522 tires

Therefore the EOQ is 522 tires which means that the company should order 522 tires each time they places an order.

b. Calculation for the number of orders per year

Using this formula

Number of orders per year = D / Q

Let plug in the formula

Number of orders per year = 20,400 / 522

Number of orders per year = 39 orders per year

Therefore the Number of orders per year will be

39 orders per year.

6 0

3 years ago

A cyclically-adjusted budget balance: a. shows what the budget balance would be when there is a significant amount of cyclical u

GarryVolchara [31]

Answer:

Explanation:

The cyclically adjusted budget balance is what the budget balance of an economy would be if the GDP was at its potential. It is also known as the known as the full employment budget balance

8 0

3 years ago

The impact of globalization on human resource planning

LUCKY_DIMON [66]

Answer:

The answer is below

Explanation:

The impact of globalization on human resource planning is both positive and negative depending on the point of view it is being looked upon.

Some of which are:

1. Globalization has led to firms and organizations to recruit from far and wide, across nations if needed.

2. It has reduced the cost of traveling and goods and services deliveries

3. It has led to increasing firms reducing the cost of maintaining staff as individual contractors have increased due to the opportunity of remote jobs caused by globalization.

4. The human resources planning has been impacted by globalization such that, many staff has been retrenched.

5. Globalization has also caused brain drain to developing nations in terms of human resource planning.

4 0

3 years ago

A farmer grows wheat and sells it to a miller for $200; the miller turns the wheat into flour and sells it to a baker for $500;

Lostsunrise [7]

Answer:

The right solution is "$900".

Explanation:

GDP seems to be the cash value of all finished goods products as well as services produced in something like a single year throughout a region. The farmer develops wheat here though and markets these for $200 to such a miller.
The miller transforms the wheat into flour which offers something for $500 to something like a baker. After that, the final good becomes bread.

Thus, the GDP seems to be $900.

7 0

4 years ago

A company borrowed $28,000 by signing a 180-day promissory note at 6%. The total to be paid at maturity of the note is: (Use 360

artcher [175]

Answer:

So maturity value will be equal to $282840

Explanation:

We have given borrowed amount = $28000

Signing day , that is note = 180

Total day in a year = 360 days

Interest rate = 6 %

So interest on the borrowed amount $=\frac{borrowed\ amount\times interest\ percent\ an\ amount\times note\ period}{days\ in\ year}=\frac{28000\times 6\times 180}{360}=$840$

So maturity value of the note = borrowed amount + interest on note period

= $28000+$840 = $28840

So maturity value will be equal to $282840

7 0

3 years ago