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frozen [14]
2 years ago
8

You are the general manager of a regional chemical company. In the course of producing your bulk chemicals, large amounts of par

ticles and smoke are emitted through your plant’s smokestack. The level of pollutants is below current EPA regulations, and you are violating no laws, but neighborhood groups are complaining about minor health problems caused by the smoke. After investigating numerous alternatives, you find the most effective solution would be to install a "scrubber" system, which will remove 90% of the pollutants and ash. Cost: $3 million. Do you install the system?
Business
1 answer:
monitta2 years ago
5 0

Answer: Yes

Explanation:

Even though the scrubber system is expensive, it is worth it as it is improving human health in the society. This will count towards the sustainable development of the society as well as the social responsibility of the company.

And if the company is worried about profits, installing this system will show that they care about the society and its people which will probable increase their customer base when they include this deed in their marketing campaigns. People generally love a "compassionate" company so this is a strong likelihood.  

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The value of a business owner's time is an example ofa. an opportunity cost. b. a fixed cost. c. an explicit cost. d. total reve
Olenka [21]

Answer: Opportunity cost

Explanation:

A. Opportunity cost can be defined as the next best alternative foregone , it is the cost of profit the business looses while choosing one alternative over other.

B. Fixed cost are those cost that do not change with the level of output produced in the firm.

C. In simple words the direct costs a business pay to the outsiders for running its operations is called explicit cost.

D. Total revenue is the amount of income a company has before deducting its expenses occurred to earn that income.

So from the above explanations we can conclude that  value of a business owner's time is an example of  opportunity cost.

4 0
2 years ago
Which of the following jobs is referred to as a trade?
Tpy6a [65]
Carpentry

Hope that helps! :)
3 0
2 years ago
Read 2 more answers
Compare the results of your personal time allocation to your ideal time allocation. Are you close to your ideal allocation? If n
miv72 [106K]

Answer:

As an individual, I am not close to my ideal time allocations as such allocation got affected by many factors that are beyond the control of an individual. One has to depend on the external environment which is composed of other individuals receding near you.

The sleeping schedule, health both mental and physical affects the time allocation significantly. Due to distress and overload panics one serves more time in sleeping than adequate.

 

3 0
2 years ago
Tomorrow at 9:00am you have a job interview. Because interviews have become routine for you and you know how the interview proce
Zigmanuir [339]

Answer:

Neither your self serving bias nor constructs nor ethnocentrism nor stereotypes. None of the stated

3 0
2 years ago
The XYZ Chemical Company must ship 9,500 gallons of pesticides from its plant in Cincinnati, Ohio, to a customer in Columbia, Mi
never [62]

Answer:

Henderson  = $1,200

Central States = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

Explanation:

The question is to do an evaluation of the costs of use Henderson Bulk Trucking Company or the Central States Railroad

Step 1) Determine the cost of using Henderson

What is the cost per tank  truck = $600

What is the capacity in gallons = 700 galloons

However, since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of 2 trucks from Henderson as follows

The cost of Henderson Bulk Trucking = $600 x 2 = $1,200

Step 2) Determine the cost of using Central Railroad

What is the cost per tank  truck = $1000

What is the capacity in gallons = 23,500 galloons

since XYZ Chemical needs to ship 9,600 gallons, it means it will make use of only one of the trucks

The cost of Central Roilroad= $1000 x 1 = $1,000

Based on the calculations, Central States Railroad is better at a lower cost than Henderson

3 0
2 years ago
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