Answer:
In simple words, Ethical behaviour requires reliability, dignity, justice and a number of other beneficial characteristics. Many companies are creating the Code of Ethics, which could include basic ethical compliance principles for doing the right thing or being honest. Relevant protocols within the company may also be listed.
Workers make more choices with less time using corporate principles as a driving proposition; that increases efficiency and the overall wellbeing of employees. As workers perform their jobs in a manner that is founded on fairness and dignity, the entire company profits.
Answer:
The Managing director wants him to reduce the production cost through the manipulation of figures. This is an unethical practice in Accounting.
Explanation:
The declaration of higher profit is a function of cost minimization. Since Mathew feels pressured to make unethical accounting decision, it implies that his CEO wants him to manipulate cost figures fraudulently so as to declare a higher profit figure.
Answer:
d. a transformational process.
Explanation:
d. a transformational process is the changes that occurs in an organization output products whereby its results from changes in the inputs so as to achieve customer satisfaction.
though, Kaylee's uses the feedback she got from her customer on there purchase rate and finds out they demand more for gluten free diet. therefore, Kaylee was able to improved her freshly baked diet by removing gluten in the production process to produce a gluten free bread that her customer desired. with this process, she used customer feedback in her transformational process.
Answer and Explanation:
From the diagram in the picture (please find attached) we see that the competitive price and quantity lies at the marginal cost( which the producer cannot go below). The consumer surplus lies just below the demand curve(the downward sloping curve with) and the producer surplus is above the marginal cost. Note the producer surplus is the difference between what the supplier is willing to sell and how much he actually sells, the marginal cost is the lowest the supplier would want to sell. This applies to the consumer surplus too
The producer surplus region was indicated with vertical strokes in the diagram attached
Answer
E) 80.9 days
Explanation
Days Sales of Inventory = (Ending Inventory / Cost of Goods Sold) x 365
Where,
Ending Inventory = $2,089 million
Cost of Goods Sold = $9,421 million
Days Sales of Inventory = (2089 / 9421) x 365 = 80.9 days
