A firm relies on a wide variety of vendors to make and distribute its products. Manufacturers buy raw materials from suppliers, use shipping companies to transport finished goods to multiple locations, and establish relationships with the retailers who sell them to consumers. Put all these businesses together, and you have supply chain.
What does supply chain mean in plain English?
A supply chain is the web of people, businesses, resources, tasks, activities, and technology involved in the production and distribution of a good.
A supply chain includes every step of the process, from the transfer of raw materials from the supplier to the producer to the final distribution to the customer.
What three supply chains are fundamental?
Supply chain management primarily focuses on three flows: the product flow, the information flow, and the financial flow. The product flow is the process through which products are transported from a supplier to a customer. Customer service requirements and refunds are also included in this supply chain management cycle.
Learn more about supply chain
brainly.com/question/16023650
#SPJ4
the amount a business receives from the sale of an item of merchandise.
a. selling price
b.markup
c.sales tax
d.sales journal
Option B is correct:
The amount a business adds to the cost of merchandise to establish the selling price is known as the markup.
The markup is typically expressed as a percentage of the cost of the merchandise, and it represents the amount of profit that the business intends to earn on the sale of the product.
For example, if a business purchases a product for $50 and adds a markup of 25%, the selling price of the product would be $62.50 ($50 + 0.25 x $50). The markup helps to cover the business's expenses, such as overhead costs, labor, and other expenses, and allows the business to earn a profit on the sale of the product.
The selling price is the final price at which the product is offered for sale to the customer. The sales tax is a tax that is imposed by the government on the sale of goods and services. The sales journal is a record of all credit sales made by a business.
For more such questions on business
https://brainly.com/question/24553900
#SPJ4
the perceived demand for a monopolistic competitor
The perceived demand for a monopolistic competitor refers to the level of demand for a product or service that a monopolistic competitor believes exists in the market.
A monopolistic competitor has some level of market power, as they offer a unique product or service that is differentiated from their competitors, but they still face competition from other firms in the market.
The perceived demand for a monopolistic competitor is influenced by several factors, including consumer preferences and behavior, market trends, and the overall economic environment. The monopolistic competitor must continuously monitor and analyze these factors in order to make informed decisions about pricing, production, and marketing.
If the monopolistic competitor overestimates the perceived demand for their product or service, they may price it too high and potentially lose customers to competitors. On the other hand, if they underestimate the perceived demand, they may miss out on potential profits.
You can learn more about perceived demand at
https://brainly.com/question/29655644
#SPJ4
Franchises are expanding internationally to access additional ___that have new customers and to increase their profit potential
Franchises are expanding internationally to access additional "market" that have new customers and to increase their profit potential.
The Franchise is the term in the business and refers to those individual who invested their money into any company and become that company's franchisor or investor. The investor will get profit at the end of the year.
The franchisor become the co-partnership of the company, any new strategy and implement should be tell to the investor or franchisor. The franchises are of many types like business, retail, distribution, multi unit franchise and so on.
To know more about Franchises here,
https://brainly.com/question/29376853
#SPJ4
the two types of control procedures are preventive and
The two kinds of manage processes are preventive and detective.
The seven inside control processes are separation of duties, get entry to controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.
What is preventive and detective control?Detective controls are designed to detect mistakes or irregularities that may additionally have occurred. Corrective controls are designed to right errors or irregularities that have been detected. Preventive controls, on the other hand, are designed to keep mistakes and irregularities from going on in the first place.
Which is higher preventive or detective control?Preventive controls are the fantastic sort of controls due to the fact they lessen the want to realize mistakes after the fact. Automated preventative controls are even better because they get rid of the want for human intervention and streamline auditing.
What are the two types of control procedures are preventive.
Learn more about control procedures here:
https://brainly.com/question/20713734#SPJ4cite an example of Nominal Data?
Nominal data is a type of categorical data that represents discrete categories without any order or hierarchy. This means that each data point is placed into a category, but the categories themselves do not have any inherent order or ranking. Nominal data is often used in research studies to group data into distinct categories for analysis.
Some common examples of nominal data include:
Gender: Male or Female
Race/Ethnicity: White, Black, Hispanic, Asian, etc.
Type of fruit: Apple, Banana, Orange, etc.
Marital status: Single, Married, Divorced, etc.
Country of origin: USA, Canada, Mexico, etc.
In each of these examples, the data can be placed into categories, but the categories themselves do not have any inherent order or ranking. Nominal data is often used in statistical analysis to create contingency tables, calculate frequencies, and determine associations between variables.
For more such questions on Nominal data
https://brainly.com/question/28300686
#SPJ4
Which of the following is a psychological influence on the consumer behavior decision process?
ANSWERS
1-promotion
2-culture
3-temporal effects
4-reference groups
5-lifestyle
A psychological factor that affects consumer behaviour decision-making is perception.
What are the four different branches of consumer behaviour psychology?
There are four different styles of consumer behaviour: routine purchases, variety-seeking In a general sense, there are five key variables that govern consumer behaviour, i.e., whether a target customer buys a product or not. The psychological, social, cultural, personal, and economic variables are among these.
There are four significant psychological aspects that have an impact on consumer purchasing behaviour: perception, motivation, learning, beliefs, and attitudes. Family, social position, and peer groups are examples of social factors. These elements also influence how consumers behave when making purchases.
To know more about consumer behavior click on the link below:
https://brainly.com/question/1741474
#SPJ1
what is the amount of the break-even sales for grace food company?
The break-even sales for Grace Food Company will depend on the company's specific costs and margins. It cannot be determined without further information.
The break-even sales for Grace Food Company is the point at which total revenue equals total costs. This means that the amount of sales needed to cover all expenses and make a profit is known as the break-even sales.
To determine the break-even sales for Grace Food Company, it is necessary to know the company's total fixed costs and variable costs, as well as the company's gross margin. Once these figures are known, the break-even sales can be calculated by dividing the total fixed costs by the gross margin percentage.
This calculation will give the break-even sales figure needed to cover all expenses and make a profit.
Learn more about break-even: https://brainly.com/question/15281855
#SPJ4
Which step of business process management allows managers to create a continually improving process? Multiple Choice O Step 3: process execution O Step 1: process design O Step 5: process optimization O Step 4 process monitoring
The step of business process management which allows managers to create a continually improving process is step 5: process optimization
Process optimization is a step in business process management that focuses on improving the efficiency and effectiveness of business processes. It involves analyzing the current process to identify bottlenecks, inefficiencies, and opportunities for improvement. The ultimate goal of process optimization is to streamline the process to achieve better results in terms of cost, quality, speed, and customer satisfaction.
The process optimization step typically involves the following key activities:
Process analysis: This involves analyzing the process to identify areas for improvement, such as bottlenecks, waste, duplication, or unnecessary steps.Process redesign: This involves redesigning the process to eliminate inefficiencies and improve performance. This may involve simplifying the process, automating certain steps, or reorganizing the workflow.Process implementation: This involves implementing the redesigned process, which may involve training employees on the new process or investing in new technology or equipment.Process monitoring and control: This involves monitoring the process to ensure that it is performing as intended and making any necessary adjustments or modifications to maintain optimal performance.Learn more about process management here:
https://brainly.com/question/25453419
#SPJ4
Taxes associated with medicare is applied to ______ earned income
The taxes associated with Medicare are applied to all earned income, including wages, salaries, and self-employment income.
The current Medicare tax rate is 2.9% of earned income, which is split equally between the employee and the employer for those who are employed. For self-employed individuals, they are responsible for paying the full 2.9% of their earned income as part of their self-employment taxes. Additionally, there is an additional 0.9% Medicare tax on earned income above certain thresholds for high-income earners.
Medicare Part A, which provides hospital insurance to seniors and persons with disabilities, is funded in part by the Medicare tax, which is routinely withheld from your salary. Employers and employees both contribute 1.45% of the employee's income towards the overall tax. Self-employed people pay the tax with their quarterly files, and those with significant incomes pay a somewhat larger percentage.
For more such questions on tax
https://brainly.com/question/30157668
#SPJ4
Adjusting entries are needed to correctly measure the _______________.
A. net income (loss) on the income statement.
B. ending balance in the Cash account.
C. net income (loss) on the balance sheet.
D. beginning balance in the Cash account.
Option (a), To accurately assess the net income (loss) on the income statement, adjusting inputs are required.
How much of an adjustment affects net income?Yes, each adjusting entry has an effect on the total amount of net income generated over the period. Because they are managed in a way that ensures revenues and expenses are recorded during the proper period, all adjusting entries have an effect on either a revenue or an expense account.
What explains why entries need to be revised at the conclusion of an accounting period?A single transaction may affect revenues or expenses in more than one accounting period, therefore adjusting entries are necessary because not all transactions throughout the period were recorded.
Learn more about net income: https://brainly.com/question/15570931
#SPJ1
the accounting term for a situation where two or more people act in coordination to circumvent internal controls is
The accounting term for an instance where two or more individuals work together to get around internal controls is Collusion.
Internal controls are the systems, guidelines, and practises that a business uses to guarantee the accuracy of its financial and accounting data, foster accountability, and Collusion fraud. As the name implies, corrective controls are implemented to address any problems identified by detective controls.
These may also involve fixing any errors discovered once an accountant has completed the audit procedure on the accounting books. When two or more individuals collaborate to evade internal checks and steal from a business, this is called collusion.
To learn more about accounting, click here.
https://brainly.com/question/22917325
#SPJ4
Karen and Anika are owners of a new personal assistant service called Assist You 2. They live in an area populated by single professionals, small local business owners, retired senior citizens, and families with little kids. For Karen and Anika, each of these groups, or segments, is a potential what?
The answer is option a. Market Segment. According to the question, They live in an area populated by single professionals, small local business owners, retired senior citizens, and families with little kids, therefore every group is a market segment for their Service.
What do you mean by market?The entire number of buyers and sellers in the area or region under consideration is referred to as a market. The value, cost, and price of goods traded are determined by the forces of supply and demand in a market.
What types of markets are examples of?A market is any location where producers, wholesalers, or merchants offer their products for sale and where customers can make purchases. Websites, high streets, and stores are some examples. The phrase can also be used to describe the entire group of people that purchase a good or service.
To know more about Market visit:
https://brainly.com/question/13414268
#SPJ1
the value of the euro was $1.30 last week. during last week the euro depreciated by 5 percent. what is the value of the euro today?
The value of the euro today will be $1.235 if it was worth $1.30 last week and it depreciated 5% of its value over that week. ($1.3 &αχυτε; (1 − .05) = $1.235)
Depreciation establishes a link between the expense of using a physical good and the profit realised over the course of its useful life. Depreciation can take many different forms, including accelerating and straight-line depreciation. The cumulative percentage of depreciation recorded on a property up until a certain date is known as accumulated depreciation. An asset's carrying value on the balance sheet is equal to its initial cost less all amassed depreciation. The salvage value of an object after all depreciation deductions determines its accounting treatment.
To learn more about depreciated refer here:
https://brainly.com/question/17827672
#SPJ4
Ownership passes to the buyer when purchased goods are received by the buyer from a public carrier if the goods are shipped.
a. True
b. False
The given statement "Ownership passes to the buyer when purchased goods are received by the buyer from a public carrier if the goods are shipped." is true because they have fulfilled their obligation to pay for the goods and have taken possession of them.
Now, the question asks whether ownership passes to the buyer when purchased goods are received by the buyer from a public carrier if the goods are shipped. The answer to this question is true.
When goods are shipped, they are usually transferred to a public carrier, such as a shipping company or a delivery service. The seller has fulfilled their obligation to deliver the goods by handing them over to the public carrier.
Initially, Ownership belongs to the seller. When the goods are shipped, Ownership still belongs to the seller because they have not been received by the buyer yet.
So, to answer the question again, ownership passes to the buyer when purchased goods are received by the buyer from a public carrier if the goods are shipped.
To know more about ownership here
https://brainly.com/question/14480423
#SPJ4
As a philosophy for business ethics, utilitarianism focuses attention on the need to
a) follow the ethical norms that are culturally accepted in a host nation.
b) make social investments designed to enhance the welfare of the communities in which they operate.
c) adhere to the United Nations Universal Declaration of Human Rights.
d) weigh carefully all of the social benefits and costs of a business action.
Option - D : As a philosophy for business ethics, utilitarianism focuses attention on the need to weigh carefully all of the social benefits and costs of a business action .
As a consequentialist ethical theory, utilitarianism holds that an action's morality is decided by its results or consequences. According to utilitarianism, a business decision is morally right if it produces the greatest overall balance of societal benefits over social costs. In order to create judgements that will result in the greatest overall balance of benefits over costs for society as a whole, utilitarianism emphasises the necessity to thoroughly assess all of the social benefits and costs of a business activity.
This method differs from other ethical frameworks like deontology or virtue ethics that emphasise the character of the actor or the inherent characteristics of the deed rather than the results of the activity.
For such more questions on utilitarianism :
brainly.com/question/29313132
#SPJ4
What are the benefits of taking the Harvard Implicit Association Test?
The Implicit Association Test (IAT) gauges attitudes and convictions that individuals might be hesitant or unable to express.
A psychological test called the Implicit Association Test (IAT) measures "implicit attitudes." These are the underlying effects of prior experience that have an impact on our feelings. Cognitive processes like self-esteem, memory, perception, and attitudes are examples of these factors.
The main advantage of taking an IAT, which was created by academics at Harvard University, is that we can become aware of these unconscious biases and start addressing them. Our work and interactions with coworkers and patients may suffer if we make assumptions about people that we are unaware of.
If the IAT reveals that you have an implicit attitude that you were unaware of, that information may be particularly interesting.
To know about IAT
https://brainly.com/question/6632087
#SPJ4
A field is typically a name, number, or combination of characters that describes an aspect of a business object. true/false
A field is typically a name, number, or combination of characters that describes an aspect of a business object. - True
A name, number, or string of characters that identifies a particular feature of a business item is referred to as a field. Every entity that is pertinent to a certain business or organisation, such as a customer, product, or order, might be considered a business object. A business object's fields each contain specific data about that object. The name, address, phone number, and email fields of a customer object, for instance, could all be present.
Fields for the product name, price, description, and inventory level may be present in a product object. Fields are used to systematically arrange and store data about business objects. To specify the structure of data and make data management and analysis easier, they are also utilised in programming and database design.
Read more about field on:
https://brainly.com/question/30177146
#SPJ4
in the adjusted trial balance, the balance of the retained earnings account is its balance at the end of the accounting period—the balance after all revenue, expense, and dividend transactions.
The given statement “In the adjusted trial balance, the balance of the Retained Earnings account is its balance at the end of the accounting period—the balance after all revenue, expense, and dividend transactions” is false as the retaining earnings account in adjusted trial balance is it's beginning balance.
An adjusted trial balance refers to the listing of the account balances in the general ledger after adjusting entries have been made. The adjustments generally include those for prepaid and accrued expenses as well as non-cash expenses. It is completed to guarantee that the period ending financial statements are accurate and in balance.
Retained earnings refers to the amount of profit which is left over after the company pays all its direct costs, indirect costs, income taxes and its dividends to shareholders. Hence, in the adjusted trial balance, the balance of the Retained Earnings account is its beginning balance.
Note: The question is incomplete. The complete question probably is: In the adjusted trial balance, the balance of the Retained Earnings account is its balance at the end of the accounting period—the balance after all revenue, expense, and dividend transactions. True of false.
Learn more about Adjusted trial balance:
https://brainly.com/question/14476257
#SPJ4
What type of ownership is Sony?
Sony Corporation is a publicly owned Japanese company, which means it is owned by its shareholders who can buy and sell its stock on public stock exchanges.
The company is headquartered in Tokyo, Japan and has a diverse range of businesses, including electronics, gaming, music, and entertainment.
As a publicly traded company, Sony is required to file financial reports and make them available to the public, which includes information about the company's ownership structure. According to the company's 2021 annual report, as of March 31, 2021, the largest shareholder of Sony Corporation was the investment firm BlackRock, Inc., with a 6.48% ownership stake. Other significant institutional shareholders included The Vanguard Group, Inc., and Japan Trustee Services Bank, Ltd.
In addition to institutional investors, Sony's ownership includes individual shareholders who can purchase its stock through a brokerage account or other investment platform. Sony's ownership structure is subject to change as investors buy and sell its stock.
For more such questions on ownership
https://brainly.com/question/23388895
#SPJ4
What happens when quantity produced increases?
When the quantity produced increases, there can be several potential outcomes depending on the specific situation.
Economies of scale: As quantity produced increases, it may be possible to take advantage of economies of scale. This means that the average cost of producing each unit decreases, leading to higher profitability or the ability to reduce prices to increase market share.
Increased revenue: If the quantity produced is sold at the same price, an increase in the quantity produced will result in an increase in revenue. This can be beneficial if there is high demand for the product or service.
Overproduction: If the quantity produced exceeds demand, this can lead to overproduction and the need to store excess inventory. This can be costly and may result in the need to discount or dispose of excess inventory.
Supply and demand: Increasing the quantity produced can also affect supply and demand. If demand remains constant, an increase in supply can lead to a decrease in price, while a decrease in supply can lead to an increase in price.
To learn more about quantity produced
https://brainly.com/question/28205955
#SPJ4
What can cause Bitcoin transaction to fail?
Bitcoin transactions can fail for a variety of reasons, including- Insufficient funds, Incorrect addresses, Network congestion, Low transaction fee, Wallet software issues, etc.
Let's talk about each of them briefly:
Insufficient funds: If you don't have enough Bitcoin in your wallet to cover the transaction amount plus fees, the transaction will fail.Incorrect address: If you send Bitcoin to an incorrect or invalid address, the transaction will fail. It's important to double-check the address before sending any Bitcoin.Network congestion: If the Bitcoin network is congested and there are too many transactions competing for limited block space, your transaction may not be confirmed in a timely manner or may even be rejected.Low transaction fee: If the transaction fee you attach to your Bitcoin transaction is too low, miners may not prioritize it, and your transaction may take longer to confirm or may not confirm at all.Wallet software issues: If there is an issue with your Bitcoin wallet software, such as a bug or a technical problem, it may prevent your transaction from being broadcast to the network or may cause it to fail.Invalid inputs: If the inputs used to fund the transaction are invalid or have been previously spent, the transaction may fail.Time limit: Some Bitcoin transactions may have a time limit, and if this limit is exceeded, the transaction may fail.It's important to note that once a Bitcoin transaction has been sent, it cannot be cancelled or reversed, so it's essential to take the necessary precautions to avoid transaction failure.
For more such questions on bitcoin
https://brainly.com/question/29999347
#SPJ4
which two habits are the most important for building wealth and becoming a millionaire?
The two behaviors that are most essential for building wealth and reaching billionaire status are investing money consistently and having the patience to see it increase.
What are habits?A routine of conduct that is performed on a regular basis that frequently happens unconsciously is referred to as a habit (or won't in a funny and formal sense).
A habit was described as "a more or less established manner of thinking, willing, or feeling formed via previous repetition of a mental experience" in The American Journal of Psychology (1903).
Habitual behavior frequently goes unnoticed by those who engage in it since it is unnecessary to conduct self-analysis when performing everyday chores.
Sometimes it's required to form habits.
The two habits of constantly investing money and having the patience to allow it to grow are the most crucial for accumulating wealth and becoming a billionaire.
Therefore, the two behaviors that are most essential for building wealth and reaching billionaire status are investing money consistently and having the patience to see it increase.
Know more about habits here:
https://brainly.com/question/18949374
#SPJ4
The net profit margin ratio is calculated by dividing net income by ______ sales revenueTotal salesProfit Marginnet profit margin
By divide net profits with net sales, one may get the net profit margin. To convert the result to a percentage, divide it by 100.
How Do Net Sales Work?The total of a company's net sales is its gross sales less any cancellations, allowances, and discounts. Externally, total sales numbers are not always obvious. They can frequently be taken into account when calculating top line revenues that are shown on the net income.
What is the name of net sales?Net sales are the total sales generated by a company during a certain time period after deducting sales returns, reductions, and sales allowances. When appearing on an income statement, net revenue may be alluded to as "net revenue" or simply "sales."
To know more about net sales visit:
https://brainly.com/question/30532417
#SPJ1
savings accounts can be considered safe because they are _____.
Because the FDIC and NCUA cover savings accounts, they can be regarded as secure.
FDIC NCUA insurance: what is it?Congress established the National Local Bank Share Insurance Fund in 1970 to protect members' savings in government guaranteed credit unions. Each local bank member is covered for a minimum of $250,000. The Share Insurance Fund, which is overseen by the NCUA, covers individuals accounts up over $250,000. The FDIC insurance is automatic for depositors. When a deposit account is created with a bank or other financial institution that is FDIC-insured, coverage is automatic. Simply ensure that you are depositing your money in a deposit product with the bank if you want FDIC deposit insurance coverage.
To know more about NCUA visit:
https://brainly.com/question/3712222
#SPJ4
In the U.S., shoe sizes are defined differently for men and women, but in Europe, both genders use the same shoe size scale. The accompanying histogram shows the European shoe sizes of 269 male and female college students, converted from their reported U.S. shoe sizes.
a) Describe the shape.
b) How many modes does the histogram have? What might explain that?
The average size of women's shoes in American units is 8.73.
The standard deviation is 1.40 in American units.
The mean size for women was 38.73, with a 1.75 standard deviation. European units are used to express this size.
We must apply the following equation to convert to US units:
Euro size * 0.7987 -22.2 U.S. size
If we apply the characteristics of the expected value, the mean is as follows when stated in US units:
[tex]& \text { Property }: E(y)=E(a x+b)=a E(x)+b \\& E(y)=0.7987 E(x)-22.2 \\& E(y)=0.7987 \times 38.73-22.2 \\& E(y)=8.73[/tex]
We employ the characteristics of variance to determine the standard deviation:
[tex]& \text { Property }: V(y)=V(a x+b)=a^2 V(x) \\& \sigma_y=\sqrt{a^2 V(x)}=a \sigma_x \\& \sigma_y=0.7987 * 1.75=1.40[/tex]
For such more question on standard deviation
https://brainly.com/question/24298037
#SPJ4
How much is Amazon's dividend
The current TTM dividend payout for Amazon (AMZN) as of February 21, 2023, is $0.00.
Amazon is a multinational technology company based in Seattle, Washington, United States. It was founded in 1994 by Jeff Bezos as an online bookstore and has since grown into one of the largest online retailers in the world. Amazon offers a wide range of products and services, including retail goods, digital content, and cloud computing services.
Amazon's retail business allows customers to purchase a vast selection of products from around the world, including books, electronics, clothing, and groceries. The company operates numerous online marketplaces across the world, including Amazon.com, Amazon.ca, Amazon.co.uk, and Amazon.co.jp. Amazon's retail business also includes physical stores, such as Amazon Go and Amazon Books.
To learn more about Amazon here:
brainly.com/question/30086406
#SPJ4
according to fair isaac and the consumer federation of america, what financial category has the most weight when determining your credit score?
The primary determinant of your credit score is your payment history. Your FICO® Score is 35 percent based on your payment history. The remaining 65% of your credit score is determined by four other criteria.
What is credit score?Based on information from your credit reports, a credit score predicts your credit behaviour, including your likelihood of making timely loan payments. Although ranges vary based on the credit scoring methodology, generally speaking, credit scores between 580 and 669 are regarded fair, 670 to 739 are considered good, 740 to 799 are considered very good, and 800 and higher are considered exceptional. A consumer's creditworthiness is indicated by a credit score, which ranges from 300 to 850. A borrower will appear better to potential lenders if their score is higher. A credit score is based on a person's credit history, which includes the number of open accounts, total debt owed, payment history, and other elements.
To learn more about credit score click,
https://brainly.com/question/29548283
#SPJ1
Supply refers to _____
A. What producers offer for sale at given price
B. What the industry is prepared to produce
C. What producers offer for sale at optimum price
D. What producers offer for sale at all time
Supply is the amount of a product that would be offered for trade at all possible prices in the request. Option D, What directors offer for trade at all time.
Supply in economics is defined as the total quantum of a given product or service a supplier offers to consumers at a given period and a given price position. It's generally determined by request movement.
budget will be determined by factors similar as price, the number of suppliers, the state of technology, government subventions, rainfall conditions and the vacuity of workers to produce the good.
Factors affecting force include:
price of goods, price of affiliated goods, product conditions, future prospects, input costs, number of suppliers, and government policy.To know more about Supply,
brainly.com/question/14428637
#SPJ4
hal serves on a committee of employees who were charged with selecting three coworkers to honor at the holiday banquet. one employee whose name was at the top of everybodyâs list was instrumental in helping another employee who failed to wear his protective headgear to avoid suffering a serious head injury. although this was a noble act, hal knew that the hero was frequently negligent about wearing his own headgear. hal knew that several other employees followed strict company policy every day and always wore their headgear, yet they were not being acknowledged for their compliance. according to norman vincent peale, which question should hal ask as he proceeds to make an ethical decision? a) Does the action I am about to take follow universal business practices? b) Is the action I am proposing to take something the boss would like to promote among workers? c) How does the action I am proposing to take make me feel about myself? d) How can my decision help elevate my own status within the firm?
The question that Hal should ask as he proceeds to make an ethical decision is: Does the action I am about to take follow universal business practices. Thus option (a) is correct.
What are ethics?The ethics refer to a set of moral principles or values that govern the behavior of individuals and groups, and guide their decisions and actions in various contexts.
Ethics can be applied in various domains, including personal relationships, business, and many others. In each domain, ethical principles provide a framework for evaluating and making decisions about what is right and wrong.
Does the action I am about to take follow universal business practices is the questions which is showing the ethical nature.
Learn more about ethics here:
https://brainly.com/question/30397877
#SPJ1
why does a small difference in economic growth result in a large difference in wealth over time?
A small difference in the economic growth result in large difference in wealth over time is the effect of compounding allows the growth to build upon previous growth.
What is economic growth?Economic growth refers to an increase in the production of goods and services over a certain period. It is measured by the change in the Gross Domestic Product (GDP) of a country. Economic growth occurs when there is an increase in the quantity or quality of resources such as labor, capital, technology, or natural resources. It is essential for improving the standard of living of individuals by creating job opportunities, increasing income, and providing access to more goods and services. Economic growth can also lead to a reduction in poverty, as well as the improvement of public infrastructure, such as roads, schools, and hospitals. However, economic growth must be balanced with environmental sustainability and social welfare.
To learn more about economic growth, visit:
https://brainly.com/question/15117443
#SPJ4