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1 year ago

Justin and Neil both exhibit behavior that Kimberly calls unethical. What is ethical behavior in business?

Business

2 answers:

hoa [83]1 year ago

7 0

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.

Nata [24]1 year ago

4 0

Answer:

Ethics are very important in all area. These rules are applied for the safety of a person. When a person know about right and wrong, means they are aware about ethics.

Explanation:

Ethical behavior is very important in all aspects. If you are a doctor then there are some rules and regulation that is followed by a doctor for the safety of patient. Same thing happened with the person who is in business. Justin and Neil were not behaving in proper manner. Ethical behavior is that when a person know about the difference between what is right and what is wrong. There are many good example that put forward consistently.

There should be honesty and fairness in the relationship and coworkers. Ethically correct person do behave in a manner no one could hurt. Thus Justin and Neil were not ethical correct.

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LiRa [457]

Answer:

A. make Spiros responsible for sourcing wall hangings and window treatments only

Explanation:

Process loss can be said to be an action or deficiency in performance by an individual that prevents a team or group from reaching its potential or achieving its goal within a stipulated time.

The two main factors that contribute to process loss are:

i) Coordination loss: Here, there is too much wait time among all members of the group. Members must coordinate their individual tasks and that of other group members. Too much time is lost here because individuals efficiency differs.

ii) Motivational loss: This happens when individuals of a grouo fail to work as hard as they should. Some individuals may tend to put lesser efforts than their team members, and this leads to loss of team effectiveness in the given task and it affects the results of the group.

Here, Spiro's problem is related to motivational loss, as his efforts do not match that of his teammates'.

There are steps used in addressing process loss.

The best way for Marsha to address spiros' behavior is to make Spiros's task more discrete and identifiable, this involves making Spiro solo responsible for sourcing wall hangings and window treatments only. This will ensure Spiro does not depend on other teammates and he has a solo responsibility which he must fulfill.

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Diamond Machine Technology has invested $250,000 in developing a sharpener. Each sharpener costs $3 to make. In addition, fixed

makkiz [27]

Answer:

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a) Markup price = $4.03

b) Target return price = $3.60

Explanation:

Investment = $250,000

Cost of each sharpener = $3

Additional fixed costs = $10,000

Quantity of sharpeners to sell for the year= 100,000

Markup on sales = 30%

Return on Investment (ROI) = 20%

Markup price = (($3 * 100,000) + $10,000))* 1.3

= $403,000 /100,000 = $4.03

Return on Investment:

Profit for the year = 100,000($4.03 - $3) - $10,000 = $93,000

ROI = $93,000/$250,000 * 100 = 37.2%

Target revenue = (20% of $250,000) + $310,000 = $360,000

Target return price = $360,000/100,000 = $3.60

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