The statement that the only social responsibility of business is to increase profits is commonly associated with the economist Milton Friedman. According to Friedman, the primary purpose of a business is to generate profits for its shareholders. In his view, businesses should focus on maximizing profits within the boundaries of the law and ethical standards.
However, it's important to note that this perspective is not universally accepted. Many argue that businesses have a broader social responsibility beyond just making money. They believe that businesses should also consider the well-being of their employees, customers, and the communities in which they operate. This perspective is often referred to as the stakeholder theory, which suggests that businesses should balance the interests of all stakeholders, not just shareholders. While Milton Friedman argued that the sole social responsibility of business is to increase profits, this perspective is not universally accepted. Other theories, such as the stakeholder theory, argue that businesses should consider the interests of all stakeholders.
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Effective leadership involves all the following, except: a. Managing oneself through personal time management, stress management, and other activities b. Managing team members through motivation, delegation, supervision, and team building c. Maintaining tight control of all project resources and providing information to team members only as needed d. Employing and utilizing project champions where they can benefit the project
Answer:
c
Explanation:
Financial advantage (disadvantage) of buying 21,000 skid shoes from the outside supplier?
Financial advantage of buying 21,000 skid shoes from the outside supplier is high margin .
What is outside suppliers ?Third party that offers products or services to an organization is known as an outside supplier. The phrase is occasionally used to distinguish between external entities and internal service divisions.
Depending on how you hire and manage them, outside suppliers may either be a pain or a miracle for businesses.
Professional services companies have discovered the importance of having strong internal administrative positions over time. A marketer or perhaps a marketing division falls under this category. Such experts may significantly help a business with focus, consistency, and accountability when putting their marketing strategy into practice. However, internal resources have a limited capacity. It may occasionally be necessary (or at least useful) for a company to employ outside aid for a variety of reasons.
Today's professional services marketers must be knowledgeable in a variety of disciplines, including but not limited to: practice and client team management, client service, and CRM.
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what kind of cloth is used in wiping spilled oils during cleaning?
Answer:
You can use a damp cloth or a dry cloth
Answer:
The answer is Oiled cloth or Dry cloth
Explanation:
Absorbent materials/clothes like Cotton balls, Dish detergent, Paper towels, Plastic wrap, Sponge pieces, Styrofoam, or Shredded paper.
Hope this helps!! ;)
Charles borrows a car loan of $250,000. The loan is to be repaid in monthly installments for 4 years. The monthly repayment amount is $5,626.88.
a. Calculate the annual flat rate of the loan.
b. Calculate the annual percentage rate (APR) of the loan.
c. Calculate the total amount of interest Charles will have to pay in the first 2 years.
a. The annual flat rate of the loan is 7.16%.
b. The annual percentage rate (APR) of the loan is 7.51%.
c. The total amount of interest Charles will have to pay in the first 2 years is $33,762.96.
a. To calculate the annual flat rate of the loan, we need to find the annual interest rate that corresponds to the monthly repayment amount. The formula to calculate the flat rate is (monthly repayment amount * 12) / loan amount. Plugging in the given values, we get (5,626.88 * 12) / 250,000 = 0.26907. Multiplying this by 100 gives us an annual flat rate of 26.91%.
b. The annual percentage rate (APR) takes into account any additional fees or costs associated with the loan. To calculate APR, we use the formula \((1 + flat rate) ^{12} - 1\). Substituting the flat rate of 0.26907, we get \((1 + 0.26907) ^ {12\) - 1 = 0.31816. Multiplying this by 100 gives us an APR of 31.82%.
c. To calculate the total amount of interest Charles will have to pay in the first 2 years, we first need to find the monthly interest payment. This can be calculated using the formula loan amount * (flat rate / 12). Substituting the given values, we get 250,000 * (0.26907 / 12) = 5,613.95. Multiplying this by 24 (the number of months in 2 years) gives us $134,735.20. Subtracting the loan amount from this gives us the total interest paid, which is $134,735.20 - $250,000 = $33,762.96.
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sustainable businesses tend to be run by ceos who are
Sustainable businesses tend to be run by CEOs who are concerned about the welfare of the environment, and they ensure that they don't harm the environment in any way while conducting their business activities.
The CEO of a sustainable business is also socially responsible and concerned about the well-being of the society in which the business operates. A sustainable CEO is one who focuses on long-term goals and understands that short-term gains may not be sustainable in the long run.
A sustainable CEO is a problem solver who thinks outside the box. He or she is always on the lookout for creative ways to solve problems that may arise during business operations. They are proactive, and they take the necessary measures to prevent problems from occurring instead of waiting for them to occur and then coming up with a solution.
A sustainable CEO also has good leadership skills, and he or she leads by example. They set the tone for the organization and ensure that everyone in the company understands and follows the principles of sustainability.
A sustainable CEO is also transparent, and they ensure that the company's activities are transparent and open to scrutiny.In conclusion, a sustainable CEO is someone who is concerned about the welfare of the environment and society, focuses on long-term goals, thinks creatively, has good leadership skills, and is transparent. This type of CEO is critical to the success of a sustainable business.
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THIS IS FOR ECON!!
Which of the following is a benefit of using financial investment to raise financial capital? (1 point)
OIt is accessible to start-ups.
OIt is the most straightforward approach.
O There is an impact on the ownership of the firm.
There is added pressure for the business to succeed.
Answer:
It is accessible to start-ups.
Explanation:
took the test
One of the benefits of financial investment to financial capital is that it is accessible to start-ups (the first option).
What is financial capital?Financial capital is described as a form of funding that allows the building of assets, or wealth, for businesses or individuals. It is important to mention that financial capital includes credit and money, which are used to purchase materials, assets, or equipment.
Financial investments include the different forms of financing options available for a business or a start-up. The different types of funding options available for a startup include debt financing, equity financing, and grants. The major benefit is that all these sorts of financial investments are available for a start-up to grow.
It can be concluded that one of the benefits of financial investment to financial capital is that it is accessible to start-ups (the first option).
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Select the correct answer.
What is a benefit of joining a professional organization for your chosen career path?
A. taking difficult certification examinations
B. participating in competitive events
C. going to regional conferences to get continuing education credits
D. helping with choosing a career path
Answer:
C. going to regional conferences to get continuing education credits.
Explanation:
plssss help
what is india’s comparative advantage in global competition?
a. low cost labor
b. access to natural resources
c. production of agricultural commodities
d. open land for building growth
e. innovation and expertise in manufacturing
India's comparative advantage in the global competition will be "Low-cost labor".
Over the past couple of years, India however has preserved significant competitive advantages throughout the production of medicines as well as a variety of tradeable commodity manufactured goods.Despite the reality that the requirements for becoming a distribution center continuously improving, certain manufacturing investments are expected to somehow be untouched by technology.
Thus the above answer i.e., "option a" is the right answer.
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Which career would organize, train, and support teachers and educational workers to help them provide better
instruction?
O distance learning coordinator
O education administrator
O instructional coordinator
O regulatory affairs specialist
Answer:
it is C instructional coordinator
Explanation:
Which of the following legislations is primarily concerned with consumer protection?a. Taft-Hartley Actb. Sarbanes- Oxley Act of 2002c. The Clean Air Act of 1970d. Fair Packaging and Labeling Acte. Title VII of the Civil Rights Act
The Fair Packaging and Labeling Act is primarily concerned with consumer protection. This legislation was enacted in 1966 and requires all consumer products to be labeled with accurate and clear information regarding the contents, quantity, and any necessary warning or precautionary statements.
The act also regulates the packaging and labeling of certain products, such as food and drugs, to ensure that they are safe and properly labeled for consumers. By ensuring that consumers have access to accurate and transparent information about the products they purchase, the act helps to protect consumers from deceptive or fraudulent practices. In summary, the Fair Packaging and Labeling Act is an important piece of legislation that plays a key role in safeguarding consumer protection and promoting fair business practices .It requires all consumer products to be labeled with accurate and clear information regarding the contents, quantity, and any necessary warning or precautionary statements.
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The law of supply states that the higher the price of goods the more supply.
Answer:
Explanation:The law of supply is an economic principle that describes the relationship between the price of a good or service and the quantity that producers are willing to supply. The law of supply states that, all other factors being equal, as the price of a good or service increases, the quantity supplied will also increase, and vice versa. This is because higher prices make it more profitable for producers to sell their goods or services, so they will increase production to meet the higher demand. Conversely, lower prices make it less profitable to produce, so producers will decrease their output. This law is one of the fundamental concepts in economics and is important for understanding how markets operate.
What are the three stages at which advertising evaluation occurs, and what do marketers evaluate at each stage? What are the different types of testing methods for measuring ad effectiveness? If you were an advertiser, which type of testing method would you use? Explain the reasons for
your choice of method. (PLATO)
The three stages at which advertising evaluation occurs are Awareness, Consideration and Conversion. The different types of testing methods for measuring ad effectiveness are Communication and Sales Effect Test, Laboratory and Field Test and Message and Media Effect Test.
What are the types of advertisement evaluation?Pre-testing, concurrent testing, and post-testing are the three types of tests used in advertisement assessment.
The different kinds of techniques used for estimating Advertisement effectiveness are as follows:-
Communication and Sales Effect TestLaboratory and Field TestExperimental and Survey TestMessage and Media Effect TestAdvertising has three stages are awareness such as audience development, consideration (lead creation and authority acquisition), and conversion (nurture and sales).
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
10. Your country takes in $350 million each year in tax money but chooses
spend $150 million on various services it provides. What type of stance does your country take on fiscal policy?
expansionary stance
contractionary stance
economic stance
neutral stance
The country takes expansionary stance on fiscal policy. Option A.
My country takes in $350 million each year in tax money but chooses to spend $150 million on various services it provides.
This suggests that my country has an expansionary fiscal policy. Expansionary policies involve governments increasing their spending and decreasing taxes to stimulate economic growth.
This type of policy encourages investment and consumption, which leads to an increase in economic output and employment.
The increased spending can also help to reduce inequality, as it can help those on lower incomes. Expansionary fiscal policy is beneficial in times of economic difficulty, as it can help to provide a much-needed boost to the economy.
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On the surface of an electrified object, the charges concentrate on the _______ part of the object.
On the surface of an electrified object, the charges concentrate on the Sharpest curvatures part of the object.
What is electrification?The process of delivering electricity, which in many cases involves transmitting power from an earlier source of energy, is known as electrification.
The term "economy" is typically used to refer to a local or national economy in its broadest meaning, as in the history of technology, economic history, and economic development.
One must change the balance of positive and negative charges in order to charge an item.
Induction, conduction, and friction are the three methods.
Protons and electrons are the most prevalent charge carriers for the positive and negative forms of electric charges, respectively.
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c. the thief's purchase was on her daily balances for 10 out of the 30 days during the billing cycle. what was the sum of jill's daily balances with the thief's purchase included?
The thief's purchase became on her daily balances for 10 out of the 30 days at some point of the billing cycle: so, lamentably, Jill is liable for $50 because the purchases are blanketed.
The acquisition of something is the act of purchasing it. ltd for coins. offered items for Rs 10,000. offered Plant well worth Rs 15,000. Stationery well worth Rs 1,500, offered from Ram & sons.
Purchase Orders are files issued from a customer (your organization) to a vendor (the seller). they may be a critical tool for buyers because they formalize requirements and pricing, and function as legally binding documentation of the goods/offerings that had been ordered.
Purchase is a procedure via which a person receives the ownership of a few items or houses transferred in his call from another, on payment of money. similarly, the sale is a process through which the possession of some goods or houses is transferred from one person (supplier) to another character (client), for a fee.
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if you are selling a product for 24.99 that orinally was costing 59.99 how much of a disounct it that?
In case you are promoting a product for 24.ninety nine that at first become costing 59.ninety nine, 20%off the unique fee of $19.ninety nine.
The required details for product in given paragraph
A product is the object supplied for sale. A product can be a provider or an object. Every product is made at a fee and every is offered at a fee. The fee that may be charged relies upon at the market, the quality, the advertising and marketing and the section this is targeted. Each product has a beneficial lifestyles and then it wishes replacement, and a lifestyles cycle and then it must be re-invented.
In FMCG parlance, a logo may be revamped, re-released or prolonged to make it extra applicable to the section and times, frequently retaining the product nearly the same.
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Which country is not an example of a command economy?
Haiti
China
Vietnam
Cuba
Answer:
Haiti
Explanation:
A command economy is one where the government controls economic productions. The government owns the factors of production. It is the government that determines what, when, and how much to produce. The government regulates prices, and there is no competition.
Some of the countries that have command economies include Belarus, North Korea, Cuba, Iran, Libya, China, and, Russia
Haiti has a free market economy. It is a developing economy that has many elements of a traditional economy.
the suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate wich challenge of entrepreneurship
The suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
What is entrepreneurship?The entrepreneurship serves the activity that involves the setting up of a business or businesses, by taking the financial risks in the hope of profit.
Therefore, suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the challenge of managing people.
In this case, as an entrepreneur, one should able to have the mind to bear the risk as well as make the good decision that is need for the success of the business, examples of entrepreneur are; Mark Zuckerberg, Bill Gate and others.
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"tractor is a modern tool of agriculture".justify this statement with suitable example
Answer:
Tractors are the king among different farm equipment. They are the main workhorse of any modern farm. They provide the power and traction necessary to mechanize agricultural tasks. ... There are different types of tractors in the market, varying in size and capacity.
Explanation:
Bank's Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $200 Deposits $1,600
Loans $800 Debt $250
Securities $1,000 Capital (owners' equity) $150
Suppose a new customer adds $100 to his account at Northeastern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account anddecrease the account.
This would also bring the leverage ratio from its initial value of to a new value of .
Which of the following is true of the capital requirement? Check all that apply.
Its intended goal is to protect the interests of those who hold equity in the bank.
It specifies a minimum leverage ratio for all banks.
The higher the percentage of assets a bank holds as loans, the higher the capital requiremen
This would increase the loans account and increase the deposits account. The initial value of 13.33 to a new value of 14. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Thus, option (c) is correct.
What is a Balance Sheet?
The balance sheet and details of reconciled transactions for each account are the two most important reports that the accountant will want.
(a) This would increase the reserves account and increase the deposits account.
(b) The bank leverage ratio refers to its Assets divided by Capital (Owner's equity).
Liabilities should match assets. Therefore, keeping both sides equal by adding $100.
= (Reserves + loans + securities)/Capital
= (200 + 800 + 1,000) / 150
initial value of 13.33
After the $100 was borrowed
= (200 + 800 + 1,000 + 100) /150
new value of 14
(c) The capital requirement increases as the proportion of an institution's assets held as loans rises. Given that loans are made from deposits, the capital requirement is intended to safeguard depositors in the event that loans are defaulted upon.
Hence, the significance of the Balance Sheet is aforementioned.
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I need help with past tenses what should i put here ? 1.nobody_______(realise) she was missing until it was time to go home. 2,we________(not do) much at all it was a really relaxing holiday. 3.
Sure, I can help you with past tenses. For the first sentence, you should use the past tense of the verb "realize," which is "realized." So the correct sentence would be "Nobody realized she was missing until it was time to go home."
For the second sentence, you should use the negative past tense of the verb "do," which is "did not do." So the correct sentence would be "We did not do much at all. It was a really relaxing holiday."
In English, past tenses are used to indicate actions or events that have already happened in the past. There are several different past tenses, including the simple past, past continuous, past perfect, and past perfect continuous. It's important to use the correct past tense in your sentences to make sure your meaning is clear and accurate.
Overall, it's important to practice using different past tenses in your writing and speaking to become more comfortable with them. Reading and listening to English materials can also help you become more familiar with past tenses and how they are used in context.
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What is offshoring and why is it a cause of structural unemployment in the United States?
A. It is when new resources replace old resources which leads to shutting down mines and plants.
O
B. It is when consumers stop buying one product in favor of another which means eliminating factories.
о
C. It is when new inventions and ideas push out older ways of doing things which means closing markets.
O
D. It is when companies relocate facilities to countries where costs are lower which means relocating jobs.
Answer:
O D. It is when companies relocate facilities to countries where costs are lower which means relocating jobs.
Explanation:
Offshoring is when companies make foreign countries their company's base. In other words, we can say offshoring is the practice of placing one's company based in other countries. Like, when US-based companies are based in India, that means offshoring.
This professional practice is an example of structural unemployment in the US because it means relocation of the jobs, thereby resulting in employees moving to the "offshore" base.
Thus, the correct answer is option D.
How can a person become a dentist
Explanation:
It generally takes eight years to become a dentist: four years to earn a bachelor's degree as an undergraduate and four years to earn a DDS or DMD in dental school. If you're interested in specializing, you'll also need to complete a dental residency (more on that below).
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Assume an investor purchases a March put option on shares of the
DBS with an exercise price of 280 and a March expiry date at a
price of 10. Calculate the profit and loss at the expiry date for
the pr
"At the expiry date, the profit for the put option is $2,990." To calculate the profit and loss at the expiry date for the put option, we need to consider the stock price at that time. Let's assume that at the expiry date in March, the stock price of DBS is $250.
In this case, since the exercise price is $280 and the stock price is $250, the put option is in-the-money because the stock price is below the exercise price.
To calculate the profit or loss, we need to consider the premium paid for the put option. In this case, the premium is $10.
Profit/Loss = (Put option value at expiry) - Premium
The put option value at expiry is the higher of the exercise price minus the stock price or zero, multiplied by the number of shares represented by the option. Since each options contract typically represents 100 shares, we'll use that multiplier.
Put option value at expiry = Max(Exercise price - Stock price, 0) * 100
Put option value at expiry = Max(280 - 250, 0) * 100
Put option value at expiry = 30 * 100
Put option value at expiry = $3,000
Profit/Loss = Put option value at expiry - Premium
Profit/Loss = $3,000 - $10
Profit/Loss = $2,990
Therefore, at the expiry date, the profit for the put option is $2,990.
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Hasty Manufacturing orders 86,000 annually. They order 6 times a year. They hold 6,468 units in safety stock. The minimum number of units Hasty Manufacturing holds throughout the year is:__________
Answer:
6,468 units
Explanation:
Based on the information given we were told that the Manufacturing company orders 86,000 per year which they order 6 times a year which means that if the manufacturing company HOLD 6,468 units in safety stock. The MINIMUM number of units the Manufacturing company will HOLDS throughout the year is:6,468 units which was HOLD in Safety stock.
Both country 1 and country 2 are located on their respective production possibilities frontiers (PPFs) for consumer goods and capital goods, but country 1 produces twice the output of both types of goods compared to country 2. It follows that
A. country 1's PPF lies further to the right than country 2's PPF.
B. country 1 has a smaller population than country 2.
C. country 1 has a bigger population than country 2.
D. country 1 is efficient and country 2 is inefficient. none of the above
Answer:
A) Country 1's PPF lies further to the right than country 2's PPF.
Explanation:
Production Possibility Curve shows the combination of two goods, that an economy can produce - by utilising given resources & technology best efficiently.
If country 1 produces twice the output of both goods compared to country 2. Then, country 1's PPF would lie further to the right than country 2's PPF. As, more quantities implies rightward shifted PPC, signifying more quantities of goods that can be produced.
Efficient or inefficient production leads to production inside or on PPC, doesn't shift PPC. Population change is also irrelevant in this case.
When you are a speaker, it is important to know your audience.
A) true
B) false
Answer:
A) True
Explanation:
You want to know general things about your audience because you won't speak the same way to kindergartners as you would college students. That's just one example.
Consider an economy where velocity is constant. Real GDP is growing at a rate of 3 percent per year, while the nominal
If velocity is constant, nominal GDP must grow at the same rate as real GDP, because changes in prices do not influence output in the long run. If real GDP is growing at a rate of 3%, then nominal GDP must also be growing at 3%.Nominal GDP is defined as the market value of all final goods and services produced within a country in a given period of time, and it includes the effects of changes in prices.
Real GDP, on the other hand, is a measure of economic output that is adjusted for price changes, and it is calculated by valuing output in terms of the prices of a base year.In an economy with constant velocity, the rate of growth of nominal GDP is equal to the rate of growth of the money supply plus the rate of inflation. Because velocity is constant, any change in the money supply must be matched by a proportionate change in nominal GDP. If the money supply grows faster than the rate of inflation, then nominal GDP will grow faster than real GDP, which will lead to inflation. If the money supply grows slower than the rate of inflation, then nominal GDP will grow slower than real GDP, which will lead to deflation.
In summary, if velocity is constant, then nominal GDP must grow at the same rate as real GDP. If the money supply grows faster than the rate of inflation, then nominal GDP will grow faster than real GDP, leading to inflation. If the money supply grows slower than the rate of inflation, then nominal GDP will grow slower than real GDP, leading to deflation.
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The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.
yes, no matter what company say, they need money for funding for "social change"