All categories

3 years ago

It is important for modern firms to build and maintain ______ by conducting ethical and transparent transactions.

1 answer:

4 0

The singular thing which is important for modern firms to build and maintain by conducting ethical and transparent transactions is:

Consumer trust

<h3>What is Consumer Trust?</h3>

This refers to the belief which a customer has in a particular business, usually because of its ethical and transparent practises.

With this in mind, we can see that if modern firms fail to build this consumer trust, then they stand the risk of losing their customer base to their competition.

Read more about consumer trust here:
brainly.com/question/1872126

You might be interested in

recommend ways in which business can contribute some an effort to advance the well-being of others in business context in improv

lisov135 [29]

The answer is settling on morally revise business choices.

8 0

3 years ago

Monica is interested in changing careers, and she needs to find a job Web site that lists careers from all industries. What type

____ [38]

Depending on her area and expertise i would recommend a state website or a government approved agency

4 0

4 years ago

Read 2 more answers

Under state law, a manufacturer must design a dangerous product so as to avoid harm to people who are using the product as inten

kumpel [21]

Answer:

b. liable, because it was foreseeable that a child would have access to and try to use a lighter.

Explanation:

BIC must foresee that any child may access the lighter, so they should put some warning on product so that the adults will notice to put lighters away reach of children.

6 0

3 years ago

You are provided with the following information for Sandhill Co., effective as of its April 30, 2022, year-end.

Ray Of Light [21]

Answer:

SANDHILL CO.

Income Statement

For the Year Ended April 30, 2022

Revenues

Sales revenue $6,200

Expenses

Cost of Goods Sold $1,000

Depreciation expense $315

Income tax expense $175

Insurance expense $360

Interest expense $460

Salaries & Wages expenses $850

Total Expenses $3,160

Net Income $3,040

SANDHILL CO.

Retained Earnings Statement

For the Year Ended April 30, 2022

Retained Earnings, May 1, 2021 $1,700

Add: Net Income $3,040 $4,740

Less: Dividends $310

Retained Earnings, April 30, 2022 $4,430

7 0

3 years ago

Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has esti

xeze [42]

Answer:

By using the EOQ model, ray should order 22.8 units or 23 units each time

Explanation:

Solution

Recall that:

Ray annual estimated demand for this model is = 1,050 units

The cost of one unit carry is =$105

He estimated each order costs to place = $26

Now,

The EOQ model= (2*annual demand*ordering cost/holding cost per unit per year)^.5

Thus,

EOQ = (2*1050*26/105)^.5

EOQ = 22.8 units or 23 units

6 0

4 years ago