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ratelena [41]
2 years ago
5

Cosmetic Profits. Sally is the executive vice president of Big Name Cosmetics Company. Through important and material, nonpublic

information, she learns that the company is soon going to purchase a smaller chain of stores. It is expected that stock in Big Name Cosmetics will rise dramatically at that point. Sally immediately buys a number of shares of her company's stock. She also tells her friend Alice about the expected purchase of stores. Alice wanted to purchase stock in the company but lacked the funds with which to do so. Although she did not have the funds in Bank A, Alice decided to draw a check on Bank A and deposit the check in Bank B and then proceed to write a check on Bank B to cover the purchase of the stock. She hoped that she would have sufficient funds to deposit before the check was presented for payment. Of which offense is Sally guilty, if any, in purchasing stock of her company?
Business
1 answer:
larisa86 [58]2 years ago
3 0

Answer:

Insider Trading

Explanation:

Insider trading is an illegal act which is performed by an individual on the bases of confidential information. Any information which is not for public use and is used for personal benefit is an offense which is committed by Sally.

She leaked the information to Alice who further used that information to her own personal benefit which is straight off an illegal act falling in the category of insider trading.

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As a result of the organizing campaign at Champlain Products, the union obtained signed authorization cards from 41% of the empl
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Answer:

Please see explanation below.

Explanation:

The next step is to conduct a secret ballot election which will be supervised by National Labor Relations Board (NLRB) as might be required by the employer-Champlain products inorder to obtain voluntary support from the employees that the union wants to represent. The reason being that the management might decided not to recognize the card checks practise on the basis that a union without a secret ballot election is not reliable hence employees that signed the card might have been intimidated or coerced by the union to do so.

Where the management refuses to recognize the card check that was signed by at least 41% of the employees it wants to represent, management would then request for secret ballot election where employees would be able to vote confidentially without coercion or undue influence from the union or co-workers.

5 0
2 years ago
Tenet Engineering, Inc. operates two user divisions as separate cost objects. To determine the costs of each division, the compa
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Answer:

$136,190

Explanation:

The computation of computer cost allocated to Division B is shown below:-

Computer cost allocated to Division B = Computer service cost × Computer time of Division B ÷ Total computer time.

= $260,000 × 220 ÷ (200 + 220)

= $260,000 × 220 ÷ 420

= $260,000 × 0.5238

= $136,190

Therefore for computing the computer cost allocated to Division B we simply applied the above formula.

5 0
2 years ago
A bloomberg businessweek north american subscriber study collected data from a sample of 2861 subscribers. fifty-nine percent of
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a. The population of this study consists of all subscribers to Bloomberg Newsweek in North America.

b. Quantitative variables are those that can be measured numerically. Annual income is a quantitative variable since it can be expressed in numbers.  

c. Categorical variables are those that can’t be quantified. They can only take on a fixed number of values. In this case, the question ‘do you own an American express credit card’ can take on only two values – Yes or No. So, the ownership of an American Express credit card is a categorical variable.

d. The data above gives two different values that describe the same population at the same time, it involves cross-sectional data.

Time-series data refers to data that is collected at equally spaced time intervals. For e.g. production of wheat in each year for the last 10 years, the amount of rainfall received over each of the last five years etc.

Cross-sectional data refers to data from many (similar)individual groups at one given point in time. For e.g. Prices of different varieties of corn on a particular day.

e. On the basis of the survey, Bloomberg Newsweek might infer that at least some of its subscribers with an income of $75,000 or more have an American Express credit card.

4 0
2 years ago
By using vertical integration, Starbucks' main motive in introducing bakery products is to increase its:
sergiy2304 [10]

Answer:

By using vertical integration, Starbucks' main motive in introducing bakery products is to increase its:

value to customers by improving its product quality and overall organizational performance in the industry, and thus improving Starbucks'  value chain.

Explanation:

Vertical integration is a corporate-level strategy which enables a company to own or control the supply, distribution, or retailing process to control the value or supply chain.  Some of the advantages of vertical integration include controlling processes, reducing costs, and increasing efficiencies.  This type of integration can be contrasted from horizontal integration, where a company acquires similar companies that are operating at the same value chain.

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2 years ago
A hairstylist entered into a contract with a hairspray manufacturer in which the manufacturer agreed to supply the hairstylist w
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Answer:

yes

Explanation:

3 0
2 years ago
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