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Alexandra [31]
2 years ago
10

To address the widespread and growing concern of contaminated food causing serious injury and death to individuals throughout th

e U.S., Congress passed a law stating that anyone intentionally distributing contaminated food is subject to criminal prosecution, civil fines, or both. Congress included a provision that any company with a corporate food-safety compliance policy approved by the FDA would avoid criminal prosecution, but not civil fines. To be approved, the company policy must require the company to report to the U.S. Food and Drug Administration any test results that indicate salmonella is present and consult with that agency before shipping any possibly contaminated food.
Business
1 answer:
MAVERICK [17]2 years ago
8 0

<u>Answer: </u>

By implementing the food safety compliance policy, the food company would only make sure that the food they have given is safely consumable, but by putting consumer safety first, the companies would go beyond the attempts to avoid fine and take special measures to ensure true safety of the consumers.

<u>Explanation: </u>

  • Though the Food and Drug Administration of the United States bears the responsibility of food safety and is accountable towards both, the public and the government, it would not be possible without the cooperation of the food companies to ensure utter food safety for the public.
  • With stringent supervision and the companies sticking to the norms and regulations put by the supervising agencies, it would be possible to eradicate the problems caused by food contamination.
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Develop the output indices of the Nouveau Cattle Slaughtering Plant (base year 2007).
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Answer and Explanation:

The development of output indices for the plant is presented below:

For Base Year 2007

Index with output 100000 (Presumed)  100

For Output index 2009

(180000 ÷ 100000) × 100         180

For Output index 2010

(250,000 ÷ 100,000) × 100      250

For Output index 2011

(200,000 ÷ 100,000) × 101       200

In this way,  it should be developed

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2 years ago
Randy, the production manager at a computer hardware manufacturing company, is never satisfied with the productivity of his work
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The given scenario clearly illustrates Negative leniency .

Option C

<u>Explanation: </u>

The performance appraisal is a routine analysis of the results of an individual and of a company's total commitment. A performance appraisal, also defined as an «yearly review», "performance review," or "individual appraisal," assesses the ability, success and progress of an employee or its lack of it.

The manager who is neither tough nor easy with rating employees is committed to negative and positive leniency misconceptions. In the performance evaluation process, the employee's unjustified expectations for increases, promotions or tough jobs can be increased by positive leniency.

The worker may be sick of hitting the head against a wall with excessive slowness or toughness/strictness because the manager can not be pleased despite how hard the person tries.

3 0
2 years ago
Read 2 more answers
Based on your understanding of the uses and limitations of ROE, a rational investor is likely to prefer an investment option tha
cestrela7 [59]

Answer:

B is the correct option High ROE and Low Risk

Explanation:

The return on equity shows the ability of the firm to earn for equity investors. If two investments have same ROE and one has lower risk. Then the rational invester will choose that investment which has a low risk.

7 0
2 years ago
Lenore, Inc. gathered the following information from its accounting records and the October bank statement to prepare the Octobe
Rashid [163]

Answer:The up-to-date ending cash balance on October 31 is: $8,290---C

Explanation:

A bank Reconciliation statement helps to match a company's book record to its bank record and adjust discrepancies, If any.

Here, the deposits in transit and outstanding checks fall under the bank's accounting records and will not be involved in the company's additions or deductions in the accounting book balance records.

Ending cash balance as per books = $7,000

Add:

Interest received from Bank =           +$1,700

subtotal                                                $8,700                    

Deduct

Bank Service charge =                        -$60

NSF check =                                        -$350

Up-to-date ending cash balance =     $8,290

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2 years ago
Xerox, the U.S. Postal​ Service, and​ McDonald's have enjoyed significant market power in the past. List and explain three major
Elena L [17]

Answer:

Correct Answer:

E. fewer substitutes are available because consumers are more sensitive to prices.

Explanation:

<em>Market power is the ability of a company to successfully influence the pricing of its products or services in the overall marketplace. </em><em>This is common among most big corporations that produces consumer goods and offer services. </em>

This market power can be influenced by some factors. On the other-hand, the market power could be eroded leading to inability of the companies to influence prices do to the following:

1.<u> Number of companies in the market:</u> The lower the companies producing same product in the market, the higher the chances of the companies to be able to influence market prices. Otherwise, the market power will be eroded due to high number of companies.

2. <u>Elasticity of demand:</u> The persistent demand of a product by people helps to determine the market power of those companies. When this is lacking, the market power is eroded.

3. <u>Product differentiation:</u> The ability of a company to provide a unique product that offers good services in a market helps it to achieve market power. Lack of these erodes the market power.

3 0
2 years ago
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