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valkas [14]
2 years ago
14

Defend or critique the following statement: "Workplace safety is primarily the responsibility of the employer."

Business
1 answer:
chubhunter [2.5K]2 years ago
7 0

Answer:

"Workplace safety is primarily the responsibility of the employer".

Explanation-

Organizations that employ the employees have certain responsibilities towards the society and the people working in the firm.

As per, the above statement - Safety, Clean and Hygienic Workplace, Fair remuneration, No gender Discrimination, Flexible Working Timings are considered under the responsibility of the employer.

When an employee is rendering his/her working power to the firm to achieve its goals and objectives to earn profit for the firm. So, providing safety to the employees is important to build up a trustworthy working environment which creates a motivation employee mindset.

This overall gives growth to the organization's as well as its employees give positive goodwill about the firm in the eyes of employees and its customers.

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A monopolist sells 2,000 units for $20 each. The total cost of 2,000 units is $30,000. If the price falls to $19, the number of
leonid [27]

Answer:

Decrease by $1

Explanation:

Given:

Old data:

Q0 = 2,000 units

P0 = $20

Total revenue before change = 2,000 x $20 = $40,000

After change in Price.

Q1 = 2,100 units

P1 = $19

Total revenue After change = 2,100 x $19 = $39,900

Computation of Marginal Revenue:

Marginal Revenue = (P1 - P0) / (Q1 - Q0)

= ($39,900 - $40,000) / (2,100 - 2,000)

= -100 / 100

= $(-1)

Marginal revenue will decrease by $1

8 0
2 years ago
Which of the following is a key performance indicator of the customer perspective in a balanced​ scorecard? A. employee satisfac
Westkost [7]

Answer:

A key performance indicator of the customer perspective in a balanced​ scorecard is option C. number of repeat customers

Explanation:

A Key Performance Indicator (KPI) is a measurable value used to demonstrate how effectively a company is achieving key business objectives.  

Organizations use KPIs to analyze their success rate.

The customer perspective within the balanced score card enables organizations to target the market segments to prioritize.  Once they have done that, they focus developing strategies that maximizes customers’ utility and bring sin good profit to the organization.

Before now, Balanced Scorecard tilted towards product performance and technology innovation to be the backbones of business success. However, customer behavioral trends have gradually emphasized the necessity for understanding what customers need.

Therefore the number of repeat customers is a KPI of the customer perspective in a balanced score card.

7 0
2 years ago
Which of the following items is reported on the statement of cash flows under financing activities?a. Declaration of a cash divi
denpristay [2]

Answer:

B. Payment of cash dividend

Explanation:

Payment of stock dividend, declaration of cash dividend or stock split does not involve outflow of cash. Hence, they do not form part of cash flow statement.

A stock dividend is a dividend payment made in the form of additional shares rather than a cash payout.

5 0
2 years ago
The Bharu Violin Corporation has the capacity to manufacture and sell 5,000 violins each year but is currently only manufacturin
meriva

Answer:

Financial advantage  $40,000

Explanation:

The relevant variable cost will be determined as follows

Unit variable cost = 130+20 = 150.

                                                                                               $

Sales from special order ( 200 × $350)=                       70,000

Variable cost ( 200× 150)=                                            (<u>30,000 )</u>

Financial advantage                                                      <u> 40,000</u>

Note that the fixed  manufacturing and selling costs were not included in the analysis, simply because they are not relevant. In other words,  whether or not the special order is accepted these fixed  costs of would be concurred either way.

Financial advantage  $40,000

8 0
2 years ago
During 2009, Accent Toys Plc., which began business in October of that year, purchased 15,000 units of a toy at cost of $10 per
telo118 [61]

Answer:

$183,000

Explanation:

The computation of the cost of goods sold using the FIFO method is shown below:

= Number of units purchased × per unit + additional units purchased × per unit

= 15,000 units × $10 + 3,000 units × $11

= $150,000 + $33,000

= $183,000

Since there are 18,000 units are sold

out of which 15,000 are at $10 and the remaining 3,000 units are at $11 and the same is to be considered    

5 0
2 years ago
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