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xenn [34]
3 years ago
15

The pharmaceutical company Merck's new drug Vioxx was a blockbuster, generating revenues of $2.5 billion a year by 2002 and grow

ing fast. When allegations that the drug caused heart attacks and strokes began to appear in the medical community, and that Merck had suppressed evidence about Vioxx's dangerous side effects from early clinical trials, Merck announced the voluntary withdrawal of Vioxx from the market. In this example, Merck provides an example of what can happen if a company deviates from its:____.
A) voluntary responsibilities.
B) realized strategy.
C) core values.
D) strategic decisions.
Business
1 answer:
marissa [1.9K]3 years ago
6 0

Merck provides an example of what can happen if a company deviates from its : Core values

<h3>What are core values?</h3>

The core values of an organization are those values we hold, which form the foundation on which we perform work and conduct ourselves.

The core value of a company are those enduring principles that govern it's fundamental conduct towards attainment of it's goals. It is usually a passionate pledge on the principles that the organization stands for.

Hence, Merck provides an example of what can happen if a company deviates from its core values.

Learn more about core values here : brainly.com/question/14595106

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3 0
3 years ago
Which financial statement tells you the value of the assets the company owns and the liabilities a company owes?.
Pavel [41]

Answer:

Balance Sheet

Explanation:

The balance sheet is a financial statement that shows a companies assets, liabilities, and shareholder equity.

4 0
2 years ago
BREMCO recently paid a $2.80 annual dividend on its common stock. This dividend increases at an average rate of 3.8 percent per
Paraphin [41]

Answer:

14.60%

Explanation:

The computation of market rate of return is shown below:-

Market rate of return = (Dividend × (1 + Growth rate)) ÷ Current price of stock + Growth rate

= ($2.8 × (1 + 3.8%)) ÷ 26.91 + 0.038

= ($2.8 × 1.038) ÷ 26.91 + 0.038

= $2.9064 ÷ 26.91 + 0.038

= 0.108 + 0.038  

= 14.60%

So, for computing the market rate of return we simply applied the above formula.

3 0
3 years ago
A company that produces a single product had a net operating income of $91,000 using variable costing and a net operating income
ololo11 [35]

Answer:

$7,247.05

Explanation:

The computation of the inventory level is shown below:

But before that first we have to find out the fixed cost per unit which is

=  Total fixed manufacturing overhead ÷ production units

= $59,160 ÷ 11,600 units

= $5.1 per unit

Now the inventory level is by taking the difference of net operating income between two methods

= ($127,960 - $91,000) ÷ ($5.1 per unit)

= $7,247.05

Therefore, the inventory is increased by $7,247.05

3 0
3 years ago
I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is
Svetllana [295]

Answer:

I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is highly influenced by market speculation, if it wants to increase production to take advantage of the current profit-maximizing opportunity, the company must accept market price for its physical capital input.

Explanation:

Actually, the market of gold is very speculative and in general  a "gold mines" has to accept market prices because they can't influence in them as in the case of I'maGoldMiner because it represents a small part of the market.

3 0
4 years ago
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