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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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Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu
Citrus2011 [14]

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

3 0
1 year ago
On March 14, Apple Corporation purchased 6,000 shares of Pear Inc. for $25 per share plus a $340 brokerage fee. On June 30, when
Likurg_2 [28]

Answer:

c

Explanation:

5 0
2 years ago
Suppose that the president proposes a new law aimed at reducing healthcare costs: All Americans are required to eat one apple da
sergeinik [125]

Answer:

A. The value of the marginal product of apple pickers increases

B. The equilibrium price of apples increases.

F. The wage of apple pickers increases.

Explanation:

  • In order to keep the healthcare costs low and increase the health care benefits of the people president proposed the apple a day law. Demand for the apples increase as and the equilibrium price of the apples also increases.  
  • There are no changes in the marginal producers of the apples. The values of the marginal producers of the apple increases. Demand for the apple pickers also increases along with the daily wages.
7 0
2 years ago
Rhonda is a procurement officer for the government and needs to hire a new plumbing company that she could pay a fixed price per
ella [17]

Answer:

comparative cost pricing

Explanation:

In comparative cost pricing strategy different prices charged by different seller is presented to buyer. The buyer has freedom to choose any price option based on comparative analysis of price.  

In the question given above plumbing firms have given their prices to Rhonda and she chose lowest price which can be explained by comparative cost pricing.

8 0
2 years ago
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divis
spayn [35]

Answer:

Investments in both divisions are performing equally well at the ROI of 14% each.

Explanation:

The financial data in the question are merged together and they are first sorted before the question is answered as follows:

                                               Consumer ($)            Commercial ($)

Sales revenue                            22,000                        37,000

Divisional income                         3,850                          3,885

Divisional investment                27,500                        27,750

Current liabilities                          1,000                             800

R&D                                               1,000                           1,000

The answers are now as follows:

Divisional ROI = Divisional income / Divisional investment

Consumer division ROI = $3,850 / $27,500 = 0.1400, or 14%

Commercial division ROI = $3,885 / $27,750 = 0.1400, or 14%

This shows that investments in both divisions are performing equally well at the ROI of 14% each.

8 0
2 years ago
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