Case 6-7 Transways' FCPA Dilemma (a GVV Case) Transways, Inc. is a global U.S. company and provider of offshore oil drilling services and equipment based in Houston, Texas. The company just received a multi-million-dollar contract to explore for oil off the African coast. Ben Jones is the controller for TransWays. He recently met with Lonnie Wilson, the chief accounting officer, to discuss certain payments that will be made to freight forwarding agents in various African countries. The meeting did not go well. Jones expressed his concern about the payments that, he believed, qualified as bribes under the FCPA. Wilson took a different view, classifying the payments as facilitating payments, not bribes. The two accountants couldn't resolve their differences so a meeting was set for the following day, at which time the two of them, would discuss the matter. Each agreed to research the provisions of the FCP to determine whether the payments violate the law. The payments being discussed relate to business operations in several African countries. The transactions are for the import of goods and materials and deep-water oil rigs into African waters. The amounts in total are significant. The transactions involve payments by freight forwarding agents in these countries to customs officials to circumvent each country's customs regulations, which are unduly burdensome and will delay operations and extend the assignment beyond the agreed-upon completion date. In that case, TransWays will have to pay a penalty. Wilson claims that the payments qualify as facilitating payments because they are designed to induce the customs officials to let TransWays begin its operations as soon as possible. The payments simply help the company to obtain the necessary permits, licenses, and the official documents to qualify the company to do business in these countries. Jones, on the other hand, isn't so sure about the payments. He is concerned that the payments are a bribe to get things done. Assume you are in Ben Jones' position and preparing for the meeting. You fully expect Lonnie Wilson to push hard for classifying the payments as facilitating.
Questions: 1. Using the GVV framework, answer the following questions:
What are the main arguments you expect to hear from Wilson?
What are the reasons and rationalizations you need to address?
What is at stake for the key parties including TransWays?
What levers can you use to influence Wilson?
What are your most effective responses to the reasons and rationalizations?
2.) Assume Wilson wins the argument and you are told that the payments should be treated as facilitating payments. What would you do next and why?
Answers
Based on the given information, If I were Ben Jones, I expect Wilson to facilitate the payments, with reasons and rationalizations that need to be addressed is br1b3rry; the penalty is at stake for the key parties when there is a dispute in payments; reputation and integrity are levers that can be used to influence Wilson; doing research to check if the payments are br1b3rry or not; if Wilson wins the argument, see to it that the amounts of the payments are in line and all documentation is in order.
The following is the complete information regarding the payment issues:
1. According to the GVV framework:
What are the main arguments you expect to hear from Wilson?I expect Wilson argues that the payments are facilitating payments because they serve the purpose of inducing customs officials to let TransWays begin operations as quickly as possible. The payments, he argues, simply help TransWays obtain the necessary permits, licenses, and official documents to qualify the company to do business in these countries.
What are the reasons and rationalizations you need to address?Whether or not the payments qualify as bribb3s under the FCPA is debatable because facilitating payments are not considered bribb3s under the Act. However, the payments being discussed in this case may be larger than the amounts typically considered facilitation payments and therefore qualify as bribb3s rather than facilitation payments.
What is at stake for the key parties including TransWays?The potential consequences of not making the payments are the delay of operations and extending the assignment beyond the agreed-upon completion date. If TransWays misses its deadline, it will have to pay a penalty. Therefore, it is essential to make sure that the company complies with all relevant laws and regulations.
What levers can you use to influence Wilson?One lever that can be used to influence Wilson is the company's reputation and integrity. The company's reputation is at stake, and if it is discovered that the company engaged in br1b3rry, it could have a severe impact on the company's reputation and, as a result, its bottom line. Another lever that can be used to influence Wilson is the company's compliance program. The compliance program is in place to ensure that the company complies with all relevant laws and regulations. If the payments are deemed to be bribb3s rather than facilitation payments, the company's compliance program could be called into question.
What are your most effective responses to the reasons and rationalizations?The most effective responses to the reasons and rationalizations are:
Conducting further research to determine whether the payments qualify as bribb3s or facilitation payments. Developing a plan to ensure that the company is in compliance with all relevant laws and regulations.Requiring customs officials to document their services in detail and certify that the services provided are in line with the law.
2. Assume Wilson wins the argument and you are told that the payments should be treated as facilitating payments. In that case, one should make sure that the following steps are taken:
O Ensure that the amounts of the payments are in line with what is typically considered facilitation payments. If the payments are larger than the typical amount, the company may still be at risk of violating the FCPA.
O Ensure that all documentation is in order, including a record of the payments, the purpose of the payments, and who received the payments.
O Ensure that customs officials provide detailed documentation of their services and certify that they are in line with the law.
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Related Questions
westover ridge offers a 9 percent coupon bond with semiannual payments and a yield to maturity of 11.68 percent. the bonds mature in 16 years. what is the market price per bond if the face value is $1,000?
Answers
The Current Market Price of Bond is $807.86.
How to compute Current Market Price of Bond?The present market value of Bond can be ascertained by using following Formula:
V = 2n∑t=1 [(I/2) / {(1+kd /2)t }] + [F / (1+kd /2)2n]
= I/2 (PVIFA kd/2, 2n) + F (PVIF kd/2, 2n)
Where,
V = Value of the bond = to be ascertained.
I/2 = Semi-annual interest payment - 9% / 2 * $1000 - $45
Kd /2 = Discount rate applicable to a half-year period (YTM) – 11.68%/2 - 5.84%
F = Par value of the bond repayable at maturity - $1000
2n = Maturity period expressed in terms of half-yearly periods. 16*2 – 32 times
Current Market Price (CMP) of Bond and the yield to maturity has inverse relation i.e. if the YTM is more than coupon rate then the price of bond is less than its face value. This can be easily understand by graph attached. It help investor to take wise investment decision in bond market.
Therefore, if YTM is 11.68% and Coupon rate is 9.00 % semi-annually than the CMP would be $807.86 i.e. less than its FV 1000$.
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the federal reserve wants to increase the money supply in the united states. what is the federal reserve likely to do to
accomplish this?
01)
a)
reduce the discount rate
b)
sell securities on the open market
9
increase the reserve requirement for banks
d)
require banks to hold a reserve for all types of deposits
Answers
b) The Federal Reserve can simply buy government bonds from the general public or sell assets on the open market to boost the amount of money in circulation.
What does Federal Reserve stand for?The nation's central bank is known as the Federal Reserve System (FRS). The Fed, often known as the Federal Reserve, is arguably the most powerful financial institution in the world. It was established to provide the country with a safe, flexible, and stable financial and monetary system.
The Federal Reserve Board is composed of seven individuals. There are also 12 Federal Reserve banks, and the presidents of each one represent a different district. The Fed is also seen as independent because none of its actions need to be authorized by the president or any other elected authority.
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If 8. 1 percent of all the sales of Top Ramen for the United States happen in New York City and 2. 5 percent of the entire U. S. Population lives in New York City, calculate the CDI
Answers
The Customer Development Index (CDI) can be calculated by dividing the percentage of sales in a specific area (New York City) by the percentage of the population in that same area (New York City).
What is the formula to calculate the Customer Development Index (CDI)?To calculate the CDI, we divide the percentage of sales in New York City (8.1%) by the percentage of the population in New York City (2.5%). The CDI provides a measure of how well a product or brand performs in a specific market relative to the population in that market.
In this case, the CDI would be calculated as 8.1% / 2.5%, which equals 3.24. This means that the sales of Top Ramen in New York City are relatively higher compared to the population living in New York City.
The CDI is a valuable metric for marketers and businesses to evaluate market performance and identify potential growth opportunities. A CDI greater than 1 indicates that the brand or product is over-indexing in that specific market, suggesting a higher demand or preference compared to the population size.
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as monte carlo simulation is essentially statistical sampling, the larger the number of trials used, the more precise is the result.State True or False your answer: a. Trueb. False
Answers
The given statement in the question about Monte Carlo simulation is True.
When there is a chance for random variables, a Monte Carlo simulation is a model used to estimate the likelihood of a variety of possibilities.
The effects of risk and uncertainty in prediction and forecasting models are better understood thanks to Monte Carlo simulations.
In simulation, it is necessary to give different values to an uncertain variable to get different results, and then to average the results to get an estimate.
In simulations, perfectly efficient markets are assumed. Due to the importance of chance and random results in this modeling method, as well as in games like roulette, dice, and slot machines, the Monte Carlo simulation was called after the famous gambling resort in Monaco.
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What traits or characteristics made Tyler Perry, Steve Jobs and Jeff Bezos successful.
Can someone help me with that please is important.
Answers
.
Hope this helped :))
what are the answers for all 3 of them?
Answers
Answer:
See below
Explanation:
(i) €585.00
As per the statement, Taylor owed €585.00 to Franklyn photographic supplies Ltd at the end of April. The closing balance for April is the Amount owed at the end of April.
(ii) €75.00
The opening balance for April as indicated in the statement is the closing balance for March.
(iii) €375.00
As per the statement an amount of €375.00 was paid on April 15
What does a risk mean in regard to investments?
A. Uncertain outcomes
B. Certain outcomes
C. High rate of return
D. Low rate of return
E. Both A and C
regard to investments?
F. Both B and D
Answers
Every investment-related uncertainty that has the potential to have a negative influence on your financial well-being is referred to be a risk.
What are risk mean in regard to investments?
It is the possibility of losing the money invested if the security's fair price drops. Higher returns are offered by riskier securities. Market risk is a major component of the risk, but it is not the only one. Other risk categories include inflation risk, reinvestment risk, and credit risk, among others. For instance, market circumstances might influence the value of your investment to increase or decrease (market risk).
Market risk, credit risk, operational risk, strategic risk, liquidity risk, and event risk are just a few of the categories into which risks may be divided. One of the risk categories with the highest priority for every firm is financial risk. Financial risk is a result of market fluctuations, which may be influenced by a variety of causes.
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Create the required compensation plan recommendation When considering the compensation plan include in your thinking: 1. Core Elements could include : base paycommissions , bonuses, 2. Non-Core Elements could include : Choice of plansIncentive pay horizon How much should be Fixed earning Versus incentive pay for each level). This should be based on the amount of influence each role has on outcomes. 4.Outline (a,b,c above ) By role & Layers Using commissions in the sales compensation plan- Identify if [Absolute relative, straight-line, gross marginand why you selected the one you did. 6. Prepare a budget based on the title, number of peoples at each level and split out by Fixed, Variable and total expense based on Sales plan/quota (OTE at 100% of plan) 1. What would happen to the budget if the company exceed plan by 20% in total dollars/ in % of Sales] 2. What would happen to the budget if the company shortfell plan by 20% total dollars/ in % of Sales] NOTE: For Budget Calculations, assume that on target sales plan is $100,000.000
Answers
Creating a compensation plan involves considering core and non-core elements, as well as the influence of each role on outcomes.
Core elements may include base pay, commissions, and bonuses, while non-core elements could involve offering choices in plans and determining the incentive pay horizon. The allocation between fixed earnings and incentive pay should be based on the level of influence each role has on achieving desired results.
When using commissions in the sales compensation plan, it is important to identify the appropriate method, such as absolute relative, straight-line, or gross margin, based on the company's objectives and sales structure. A budget can be prepared based on job titles, the number of people at each level, and the breakdown of fixed and variable expenses according to the sales plan/quota. Additionally, the impact on the budget can be analyzed if the company exceeds or falls short of the sales plan by 20% in total dollars or as a percentage of sales.
Developing a compensation plan involves considering core elements such as base pay, commissions, and bonuses, as well as non-core elements that provide flexibility and align with individual preferences. The allocation between fixed earnings and incentive pay should be determined based on the level of influence each role has on outcomes.
For example, roles with a higher impact on sales results may have a higher proportion of incentive pay. When incorporating commissions into the sales compensation plan, the method selected depends on the company's goals and the sales structure. Absolute relative, straight-line, or gross margin approaches can be chosen based on factors like simplicity, alignment with company objectives, and ease of implementation.
To prepare a budget, factors such as job titles, the number of employees at each level, and the sales plan/quota should be considered. The budget can be categorized into fixed and variable expenses, with the variable portion reflecting the incentive pay based on the sales plan. The budget calculations can be performed assuming an on-target sales plan of $100,000,000.
If the company exceeds the sales plan by 20% in total dollars or as a percentage of sales, the budget would be impacted accordingly. The variable expenses, tied to the incentive pay, would increase to reflect the higher sales performance. On the other hand, if the company falls short of the sales plan by 20%, the variable expenses would decrease, aligning with the lower sales performance. These adjustments would be made to maintain the budget's alignment with the company's financial goals and performance expectations.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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when the federal government’s budget deficit increases, the ________ curve for bonds shifts to the ________. a) demand; right
Answers
When the federal government's budget deficit increases, the demand curve for bonds shifts to the right. This means that the price of bonds decreases and the yield or interest rate on bonds increases.
A budget deficit occurs when the government spends more money than it collects in revenue. To cover this deficit, the government typically issues bonds, which are debt instruments that pay interest to investors. When the government's budget deficit increases, it needs to borrow more money by issuing additional bonds. This increased demand for bonds shifts the demand curve to the right. As a result, the price of bonds decreases because there are more buyers in the market, and the yield or interest rate on bonds increases to attract investors.
In summary, when the federal government's budget deficit increases, the demand curve for bonds shifts to the right, leading to a decrease in bond prices and an increase in bond yields.
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1.2.
State which environment unions are found in.
Answers
1market review in nepal with that market picture
For project work of class 8th O.B.T.E subject
Answers
Research has shown that the scenarios of things in the Nepalese market. The market under review here is called the Kalimati fruit and vegetable market and it is located at Kathmandu, Nepal.
What is the Kalimati fruit and vegetable market about?Kalimati fruit and vegetable market is known to be the largest wholesale market that is known to often sell agricultural products in the country of Nepal.
One can find this market in Kathmandu, Nepal. it is said to be maintained by the Kalimati Fruit and Vegetable Market Development.
This market was set up in 1987 and as at that time, it was known to be a wholesale center run by the Nepal government and it was said to be set up by United Nation Capital Development Fund.
The sellers here are known to sell lowest of five kilograms and it also has a retail market for small traders to sell their products.
Study has shown that it has 425 wholesaler, 65 retail and also about 27 fish shops that can be found the market.
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a store at the mall having a minimum age requirement for workers is an example of which category of employee rights?
A. employee polygraph protection
B. workers compensation
C. workplace safety and health
D. wages and hours
Answers
Answer:D
Explanation:
I believe !
An example of a category of employee rights is a store in a mall that has a minimum age restriction for employees. Another example is salaries and hours. Hence option D is correct.
What rights do workers have?You won't experience bullying or unjust treatment because of your race, colour, religion, sexual orientation, gender identity, national origin, handicap, age, or genetic information. Equal payment is made for comparable effort.
The Act establishes and makes clear three rights for employees: a "right to know" about the risks associated with their employment, a right to report workplace hazards to OSHA, and a right to protection against reprisals for exercising OSHA-protected rights.
Elimination of all forms of child labour, effective outlawing of forced or involuntary labour, and the abolition of discri mination based on unjust treatment employment and occupation, the right to associational freedom, and.
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1 Bought inventory of 10 pairs of Yeezy Boost 350 s$2,000 ( $200 each); pay later. 2 Bought 12 months of insurance for $1,200, cash. 3 Recorded sale of 8 pairs of Yeezy Boost 350 s for $600 each or $4,800. Cash. 4 Recorded the Cost of the 8 pairs of Yeezy Boost 350 s ($1,600); reduced inventory 5 Rented office for the month, $1,500 cash. 6 Bought Office Equipment for $15,000 cash. 7 Recorded depreciation expense for the month on the equip, 60 month life. 8 Made an adjustment for 1 month of insurance.
Answers
1. Purchased inventory of 10 pairs of Yeezy Boost 350s for $2000 ($200 each), to be paid later. 2. Purchased 12 months of insurance for $1200, paying in cash. 3. Recorded the sale of 8 pairs of Yeezy Boost 350s for $600 each or $4800, receiving payment in cash.
4. Recorded the cost of the 8 pairs of Yeezy Boost 350s ($1600) and reduced inventory. 5. Rented an office for the month and paid $1500 in cash. 6. Bought office equipment for $15,000 in cash. 7. Recorded depreciation expense for the month on the equipment, which has a 60-month life.
8. Made an adjustment for one month of insurance.1. The purchase of inventory for $2000 is recorded as an asset (inventory) and as a liability (accounts payable).2. The purchase of insurance for $1200 is recorded as a prepaid expense (an asset). 3.
The sale of 8 pairs of Yeezy Boost 350s for $4800 is recorded as revenue and cash received.4. The cost of the 8 pairs of Yeezy Boost 350s ($1600) is recorded as a cost of goods sold and inventory is reduced. 5. The office rent of $1500 is recorded as rent expense and cash paid.
6. The purchase of office equipment for $15,000 is recorded as an asset (office equipment) and cash paid.7. The monthly depreciation expense on the office equipment is recorded as a depreciation expense and a reduction in the office equipment asset.
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Teagan wants to buy a new refrigerator. The refrigerator costs $1650. Teagan decides to finance the refrigerator for 24 months at an APR of 12.5%. Determine Teagan's monthly payment. Round your answer to the nearest cent, if necessary. Formulas
Answers
Answer:
$78.06
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e. to be shown in the attachment below:
Given that,
Present value = $1,650
Future value or Face value = $0
RATE = 12.5% ÷ 12 = 1.0416%
NPER = 24 months
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the monthly payment is $78.06
Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
Answers
Answer:
see. I hope it's helpful for you lolExplanation:
i need friend lol can you my friend
Somebody help I'll give 30 points
Answers
Answer:
1. Salesforce helps their people feel good by giving back to the community. They also offer great challenges and rewards, and have open communication culture.
2. Cisco offers good benefits that focus on family and enabling people to combine parenthood with their jobs. It’s also a great place to learn and develop professionally.
3. Admiral allows people to give back to the community through charity. They have built a strong sense of belonging and believe in the importance of having fun so people bring their best to work.
Explanation:
Answer:
Happy meal wih a mcdoobale
Explanation:
what's the time now?
Answers
Answer:
13:20 UK timeeeeeeeeee
what can firms do in terms of a high-level emergency preparedness plan to protect their information from human-made and natural disasters?
Answers
Firms can take several steps to protect their information from human-made and natural disasters in a high-level emergency preparedness plan.
Firstly, they should conduct a risk assessment to identify potential threats and vulnerabilities to their information assets. Based on this assessment, they can develop a business continuity plan that outlines procedures for responding to emergencies, such as power outages, floods, fires, and cyber-attacks.
To ensure the continuity of their operations, firms should also establish backup and recovery procedures for critical data and applications. This includes backing up data regularly, testing backup systems, and storing backups in secure off-site locations.
Furthermore, firms should train employees on emergency response procedures and security awareness to minimize the impact of any disaster. They should also have an incident response team in place that can quickly and efficiently respond to emergencies.
Overall, having a high-level emergency preparedness plan is essential for firms to protect their information assets from human-made and natural disasters. It helps to ensure the continuity of their operations, minimize downtime, and prevent loss of critical data.
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A firm with a 14 wacc i evaluating two project for thi year' capital budget. After-tax cah flow, including depreciation
Answers
A key idea in capital planning is depreciation. This is so that the cash flows are not affected, even if it is a non-cash item. It is re-added during cash flow calculations for this reason.
We still have the amount of depreciation in cash because it never truly took the shape of costs and left our bank account. Therefore, it would seem at first glance that depreciation had no impact at all. First, we subtracted it from the income statement's net income calculation. The effect was then cancelled out by adding the same amount back when calculating cash flows. Depreciation, though, involves more than that. Indirect effects of depreciation can be seen in cash flows. In this article, the same impact has been discussed. Depreciation is a legitimate non-cash cost. Depreciation, however, is tax deductible. Therefore, the quantity of taxes we pay is influenced by the amount of depreciation we pay. Remember that we subtract depreciation and amortisation when computing net income.
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Checking account A charges a monthly service fee of $3 and a per-check fee
of $0.02, while checking account B charges a monthly service fee of $2 and a
per-check fee of $0.03. How many checks would a person have to write for
the two accounts to cost the same?
O A. 22
O B. 100
O, C. 0
O D. 35
Answers
Answer: B. 100
Explanation:
To find this out, we shall assume that the number of checks that should be written for the two accounts to cost the same will be x.
The cost of Account A assuming x number of checks is:
= 3 + 0.02x
For Account B this is:
= 2 + 0.03x
Equate both expressions:
3 + 0.02x = 2 + 0.03x
3 - 2 = 0.03x - 0.02x
0.01x = 1
x = 1 / 0.01
x = 100 checks
How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.
Answers
D. Maintain good relations with the management.
Answer:
it is (C)
Explanation:
if you get paid biweekly how many paychecks in a month
Answers
Answer:
About 2 checks a month.
Explanation:
Biweekly means that a person is getting paid every 2 weeks. There are about 4 weeks in a month. So 4/2 = 2. The number of checks a person would get if they were paid biweekly.
Two paycheck each month are usual for those who are paid biweekly. Due to the fact that there are 26 biweekly periods and 52 weeks in a year, this is the case. If you receive your paychecks every two weeks, you will receive 24 paychecks in a year since there are 12 months in a year.
A paycheck, which can also be written as paycheque, pay check, or pay cheque, is often a paper document (a cheque) issued by an employer to reimburse an employee for services provided.
In recent years, computerized direct transfers to an employee's chosen bank account or funds paid loaded onto a payroll card have increasingly taken the role of paper paychecks.
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Which of the following events could cause inflation in the United States—a country that uses fiat money?
a. The government decides to transition to a commodity-backed money.
b. The government decides to print more money.
c. There is a discovery of a new silver mine.
d. There has been a decision made to switch from a currency based on the amount of gold (a scarce metal) to a currency based on the amount of silver (a plentiful metal).
e.Individuals are frustrated by the infrequent occurrence of the double coincidence of wants.
Answers
Printing more money could cause inflation in the United States. Inflation is defined as a sustained increase in the general price level of goods and services over time. Thus, option A is correct.
When the government prints more money, the supply of money increases, and this can lead to an increase in the demand for goods and services. As demand increases, the prices of goods and services also increase, causing inflation.
Fiat money is a currency that is not backed by any physical commodity such as gold or silver. The value of fiat money is determined by the government's ability to maintain its value and the trust of the public in the currency.
When the government prints more money, it can reduce the value of the currency and increase inflation. The discovery of a new silver mine or switching to a currency based on silver, while it may affect the value of the currency, is unlikely to cause inflation on its own.
Similarly, frustration with the double coincidence of wants, which refers to the difficulty of finding someone who has what you want and wants what you have, is not directly related to inflation.
In summary, printing more money could cause inflation in the United States. This is because an increase in the money supply can lead to an increase in demand for goods and services, driving up prices and causing inflation.
Other events such as the discovery of a new silver mine, switching to a currency based on silver, or frustration with the double coincidence of wants are unlikely to cause inflation on their own. Thus, option A is correct.
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Meg's company decided to build an additional factory in a small community. When the community started a protest because of the negative impact the factory would potentially have, Meg's company promised to prevent and pay for any negative impact to the community. It also offered to build a community park to balance out the negative impact the factory might cause. Which moral standard of social responsibility is the business observing?
Answers
Answer:
Corporate Citizen Moral Standard
Explanation:
The reason is that the company have to meet its social standards and the legal requirements which the jurisdiction imposes on it, which is Corporate Citizen Moral Standard. Furthermore, for this reason the company has promised that they will try their best to prevent any negative impact and if there are such cases then it will compensate them as well, which is their legal requirement. They also had offered to build a community park which is the requirement of their social standards.
Calculate the GDP using the table and choose the correct answer.
A) $602
B) $584
C) 298
Answers
Professional etiquette suggests you should send a(n) ____ to each person who agrees to meet with you in support of your career exploration.
Answers
Answer:
handwritten thank-you note
Explanation:
Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general
guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a
handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.
3. Which of the following is a liability?
a) buildings
b) accounts receivable
c) loan from J. Henry
d) equipment
Answers
Answer:
buildings
Explanation:
Because if you own buildings you have to take care of them and you make sure you have them clean make sure nothing is wrong if a person complains find the problem and make it better and a loan will put you in a lot of debt to that person instead of making your own money.
The SmartArt icon will allow you to include which of the following on a slide?
Answers
I think the answer is Graphs, I hope this helps
Write an article to the commerce magazine of your school on "The importance of studying business environment."
please help me with this asap
i will mark the brainliest to the first answer
Answers
Explanation:
Importance of the Study of Business Environment:
A study of business environment is highly significant for business management for the following reasons:
(i) To Ensure Smooth Functioning of Business Cycle:
Smooth functioning of business cycle depends on availability of inputs and disposal of output.
Business enterprises obtain inputs like raw-materials, machines, technology, manpower etc. from the society (which is part of business environment); and dispose of output i.e. finished goods to society.
Hence, business managements must study business environmental factors so as to be aware of changes in input supplies, changes in social factors like consumer behaviour, state of competition in industry etc. to ensure smooth functioning of their business cycles.
A study of business environment is essential to take full advantage of opportunities for gain hidden in the business environment.
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