Answer: Life
Explanation:
First, let's review what Life insurance IS: insurance that pays out a sum of money either on the death of the insured person or after a set period.
Since David's mother is killed in an automobile accident and they want to know what type of insurance would provide his family financial support, it would be life because it would pay them out a sim of money on the death of the person (In this scenario David's mother) or after a set period
audit planning for an initial audit most likely includes group of answer choices determining the opinion to be expressed. obtaining an engagement letter prepared by the auditee. performing procedures involving opening balances. selecting a sample of invoices for comparison with shipping reports.
Audit planning for an initial audit most likely includes performing procedures involving opening balances.
The audit should be carefully planned by the auditor. The duties of the auditor for effectively planning the audit are outlined in this standard.
Establishing the engagement's overall audit strategy and creating an audit plan, which includes, in particular, planned risk assessment processes and planned responses to substantial misstatement risk, are both part of the audit planning process.
Instead of being a distinct stage of an audit, planning is a continuous and iterative process that might start soon after (or in connection with) the conclusion of the previous audit and last until the current audit is finished.
The size and complexity of the company, the auditor's prior knowledge of the organization, and any changes in circumstances that arise during the audit all influence the type and scope of planning activities that are required.
To know more about audit planning:
https://brainly.com/question/28388078
#SPJ4
suppose your investment budget is $100,000. in addition, you borrow an additional $30,000 and invest the total available funds of $130,000 in stock a. if the expected rate of return of stock a is 13%, and you borrow at 6%, what is your expected portfolio return?
The expected portfolio return when the investment budget is $100,000. in addition to an additional $30,000 borrowed is 15.1%.
How to calculate the portfolio return?Based on the information, the expected portfolio return will be:
= (Amount invested in stock A / investment budget) × return on stock A - (Amount borrowed / investment budget ) × borrowing rate
= (130000 / 100000) × 13% - (30000 / 100000) × 6%
= (1.3 × 0.13) - (0.3 × 0.06)
= 16.9% - 1.8%
= 15.1%
In conclusion, the expected portfolio return is 15.1%.
Learn more about portfolio on:
brainly.com/question/25929259
#SPJ1
the balance in accounts receivable at the beginning of the year amounted to $2,960. during the year, $9,800 of credit sales were made to customers. if the ending balance in accounts receivable amounted to $1,960, and uncollectible accounts expense amounted to $820, what is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement? multiple choice $9,980 incorrect $9,800 $12,760 none of these answers are correct.
$9980 is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement.
Sales Revenue + Beginning Accounts receivable = Total Receivable
Total Receivables - (Ending Accounts receivable + Uncollectable account) = Total cash collected from Accounts receivables
You can do it this way:
Add up sales and beginning receivables which will give you total receivables. then add up ending receivables and uncollectible account and reduce it from total receivables computed earlierUltimately it will give you Total cash collected from Accounts receivables.
Sales Revenue + Beginning Accounts receivable will give you the total Receivable.
$9,800+ $2,960= $12,760
Total Receivables - (Ending Accounts receivable + Uncollectible account) = Total cash collected from Accounts receivables.
$12,760-( $1,960+ $820)= $9980
$9980 is the total cash collected from Accounts receivables.
To solve more such questions: https://brainly.com/question/15401165
#SPJ4
.
the megahit film studio has a licensing right (or agreement) to distribute films produced by the artsy film company. how would the megahit company classify this licensing right?
The Megahit company classifies this licensing right as an Intangible asset.
Among the items that lack physical substance but offer long-term benefits to the business are patents, copyrights, trademarks, trade names, franchise licenses, government licenses, goodwill, and others. Intangible assets are treated by businesses in the same way as depreciable assets and raw materials.
Intangible asset costs are methodically assigned to costs during the course of the asset's useful life, which is limited to 40 years and can never exceed the asset's legal life. Amortization is the process of charging expenses with the cost of intangible assets.
To learn more about Intangible assets, visit the link below:
brainly.com/question/15000262
#SPJ4
firms can greatly increase the likelihood of success if they carefully define their objectives and develop a plan for meeting those objectives. this activity is referred to as
If strategic planning clearly defines its goals and creates a plan to achieve those goals, it can considerably boost the likelihood of success.
Leaders of a company develop their future vision and determine their organization's goals and objectives through the process of strategic planning. Establishing the order in which these objectives should be accomplished can help the organisation attain its stated vision.
Upper-level management of a corporation must put a lot of thinking and planning into the strategic planning process. Executives may look at a wide range of choices before deciding on a course of action and then figuring out how to strategically implement it.
Learn more about strategic planning here:
https://brainly.com/question/26960576
#SPJ4
kevin sells roman coins. he knows jen is a coin collector, and he sends jen a letter stating that he collector, and he sends jen a letter stating that he has a julius caesar coin he is willing to sell for has a julius caesar coin he is willing to sell for $2500. jen signs and returns the letter but adds $2500. jen signs and returns the letter but adds nothing more than her signature. kevin mails the nothing more than her signature. kevin mails the coin to jen and requests payment, but jen sends coin to jen and requests payment, but jen sends the coin back claiming they do not have a contract. the coin back claiming they do not have a contract. what standard will the court use to determine what standard will the court use to determine whether they have a contract?
Reasonable Person Standard will the court use to determine whether they have a contract.
A contract is a legally enforceable settlement that creates, defines, and governs mutual rights and responsibilities among its parties.[1] An agreement normally involves the transfer of goods, services, money, or a promise to transfer any of these at a future date. In the event of a breach of settlement, the injured birthday party may also are trying to find judicial treatments together with damages or rescission.[2] contract law, the sphere of the regulation of obligations worried to contracts, is primarily based on the precept that agreements must be honored.
Learn more about contract here
https://brainly.com/question/984979
#SPJ4
a firm reports ebit of $100 million. the income statement shows depreciation of $40 million. if the tax rate is 35% and total capital expenditures and increases in working capital total $10 million, what is the free cash flow to the firm?
The free cash flow to the firm (FCFF) is $65 million dollars.
FCFF = EBIT * (1-rate of tax) +Depreciation-Capital expenditure-Working capital changes
= $100*(1-35%)+$20-$10-$10
= $65+$20-$10-$10
65 million dollars
The amount of cash flow from operations available for distribution after depreciation, taxes, working capital, and investments is referred to as free cash flow to the firm (FCFF). FCFF measures a company's profitability after deducting all expenses and reinvestments. It is one of many benchmarks used to compare and analyze a company's financial health.
Free cash flow to the firm (FCFF) is the cash flow from operations available for distribution after depreciation, taxes, working capital, and investments are deducted.
The most important financial indicator of a company's stock value is arguably free cash flow.
A positive FCFF value indicates that the company still has cash after expenses.
A negative value indicates that the firm's revenue was insufficient to cover its costs and investment activities.
For more information on Free cash flow to the firm (FCFF), visit :
https://brainly.com/question/14226726
#SPJ4
who needs to obtain a mortgage loan originator endorsement and register with the nationwide mortgage licensing system and registry?
Anyone who operates as a mortgage originator, according to the declaration.
What type of loan is the simplest to be authorized for?Payday loans, auto title loans, pawn shop loans, and personalized installment loans are likely the loans that are simplest to be approved for. These are all short-term emergency cash options for those with bad credit.
How can I obtain a loan right away?By contacting a bank or other financial firm directly using their website and inquiring about your qualifying, the appropriate rate of interest, and even the monthly payment amount, you could apply for a personal loan. When your loan request is approved, the funds will be sent direct deposit.
To know more about loan visit:
https://brainly.com/question/12574821
#SPJ4
osh was sued by his former business partner. he lost the case and has to pay his former partner $10,000. he has not yet done so and is refusing to do so. josh is applying for a mortgage for a new home. should he be worried about the lawsuit impacting his mortgage application
Absolutely, this kind of information is contained in one's credit report.
This term has credit meanings in the economic international, but credit score is usually described as an agreement settlement in which a borrower receives an amount of money or something of value and repays the lender at a later date, typically with the hobby.
For instance, when a person makes use of a Visa card to buy something, the card is taken into consideration as a form of credit score because the person consents to pay the financial institution back later. credit can be given in the form of cash and other approaches. it's far feasible to change goods and services for a deferred charge, a specific form of credit.
Learn more about credit here: https://brainly.com/question/6872962
#SPJ4
the general services administration (gsa) is a central management agency of the u.s. federal government that:
The general services administration (GSA) is a central management agency of the U.S. federal government that aids in overseeing and supporting the fundamental operations of federal agencies.
The General Services Administration (GSA) is an independent department of the US government that was created in 1949 to support and oversee the fundamental operations of federal agencies. GSA sets government-wide cost-minimizing policies, provides transit and office space for federal employees, supplies goods and telecommunications for U.S. government offices and performs other management duties.
The GSA manages the International Trade Center in Washington, D.C. The Federal Acquisition Service and the Public Buildings Service are among GSA's business units. The Procurement G6 is an informal body that oversees the use of framework agreements and e-procurement tools in public procurement, and the GSA is its member.
To know more about federal agencies see:
https://brainly.com/question/29245183
#SPJ4
return on investment can be split into which of the following two measures? multiple choice investment center income and profit margin. profit margin and net income. investment center average assets and investment turnover. residual income and operating income. profit margin and investment turnover.
Return on investment can be split into profit margin and investment turnover.
Return on investment is calculated by dividing the firm's capital turnover ratio by the sales margins. This is useful for comparing a division or product line to others, but it shouldn't be the sole factor used to assess performance. It is employed to assess an investment's potential or to evaluate it in relation to other investments. In this kind of investment, the amount of money invested and the returns are weighed against one another.
Investment gauges how successfully a business generates revenue from the assets it has invested in. While the margin is the amount of profit that remains after a firm deducts its cost of goods sold, selling and administration costs, depreciation, tax, and interest costs. Simply said, the margin is the firm's revenue figure less the spending line items.
Read more about Return on investment on:
https://brainly.com/question/16725994
#SPJ4
stark company's most recent balance sheet reported total assets of $1,700,000, total liabilities of $900,000, and total equity of $800,000. its debt-to-equity ratio is:
The last balance sheet for the small company showed total assets of $1.7 million, total liabilities of $900,000, and total equity of $800,000. It has a 1.125 debt-to-equity ratio.
What does debt to equity ratio mean?
By dividing a company's total liabilities by the value of its shareholders, the debt-to-equity (D/E) ratio, which gauges its financial leverage, is calculated.
The D/E ratio is a crucial indicator in corporate finance. It measures the proportion of debt that a company is using to finance its operations as opposed to cash on hand. Debt-to-equity ratios fall under a specific category of gearing.
Calculation:
Debt to equity ratio equals debt to equity
Liabilities plus debt total $900,000
Equities totaling $800,000
debt to equity is equal to 900k/800k.
debt to equity is 1.125.
Learn more about the debt-to-equity (D/E) ratio with the help of the given link:
brainly.com/question/17233079
#SPJ4
the turkish lira lost about 40 percent of its value against the u.s. dollar in the first part of 2018. which type of exchange rate system does turkey follow?
Turkey follows a floating exchange rate system.
A floating exchange rate mechanism is used in Turkey.
A currency system, also referred to as an exchange rate system, describes how the native currency's value is determined in respect to other currencies. A nation's economic plan must carefully consider the choice of its monetary system.
A country's currency's value is decided by the foreign exchange market based on supply and demand in relation to other currencies when it has a floating exchange rate. In contrast, a fixed exchange rate is one where the government controls the rate completely or substantially.
Learn more about the exchange rate system at
https://brainly.com/question/17244178?referrer=searchResults
#SPJ4
after personal savings, the next largest source of capital for entrepreneurs is from after personal savings, the next largest source of capital for entrepreneurs is from state and local governments. friends and family. the small business administration. large multinational banks.
Friends and family are the next largest source of capital for entrepreneurs in times of lack of finance.
Who is an entrepreneur?An entrepreneur is a person who starts a new venture, by taking the most risks and waiting for the reward i.e., profit. Entrepreneurs are generally seen as innovators, sources of new ideas, products, services, and businesses/processes.Entrepreneurs play a vital role in any economy, using the necessary skills and initiative to anticipate needs and bring great new ideas to market. Successful entrepreneurs who take the risk of starting a startup are rewarded with opportunities for profit, prestige, and continued growth. A person who takes the risk of starting a new business is known as an entrepreneur.An entrepreneur starts a business to realize his idea of combining capital and labor to produce goods and services for profit, known as entrepreneurship.Entrepreneurship is extremely dangerous but highly rewarding as it helps create economic prosperity, growth, and innovation.To know more about entrepreneurs refer to
https://brainly.com/question/1027717
#SPJ4
rent controls in new york city cause which of the following: question 5 options: a) wasted resources resulting from the opportunity cost of time associated with trying to find an apartment. b) black markets. c) inefficiently low quality. d) all of the answers are correct.
Rent controls in Newyork city cause an increase in the quantity supplied of rent-controlled apartments.
Rent controls pressure landlords to rate residences under the equilibrium rate level. An instant impact is a shortage (extra demand) of residences, due to the fact the number of residences demanded is more than the amount provided on the regulated rate. Price ceilings and hire controls also can create deadweight loss via way of means of discouraging manufacturing and reducing the deliver of goods, services, or housing under what customers virtually demand. Consumers enjoy shortages and manufacturers earn much less than they might otherwise.
Learn more about quantity supplied here:
https://brainly.com/question/26374465
#SPJ4
1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
Learn more on brands here: https://brainly.com/question/14293418
#SPJ1
a(n) is a health care provider who enters into a contract with a specific insurance company or program and agrees to accept the contracted fee schedule.
A form of health insurance plan that usually restricts coverage to doctors who work for or with the HMO. Except in an emergency, it will not cover out-of-network care.
To be eligible for coverage under an HMO, you may be required to live or work in its service region. As a result, the agreed-upon pricing is usually cheaper than their standard charges. In exchange for lower rates, insurers pay a fee to the PPO to get access to the provider network. PPO members have the freedom to use any provider within their network. Monthly premiums for HMO plans are often care lower.
To learn more about insurers, click here.
https://brainly.com/question/27822778
#SPJ4
monopolists attempt to capture consumer surplus in the form of profits by using price discrimination. true false
in the maturity stage of the industry life cycle a. the product has reached full potential. b. profit margins are narrower. c. producers are forced to compete on price to a greater extent. d. a and b only. e. a, b, and c.
In the maturity stage of the industry life cycle the product has reached full potential, profit margins are narrower, and producers are.
At the maturity stage of an investment, the goal is to preserve capital and generate income. This can be accomplished through a variety of strategies, including investing in high-quality, dividend-paying stocks, bonds, and other profit-producing assets.
The key is to maintain a diversified portfolio that can weather market volatility and provide a steady stream of income. With a well-designed maturity stage investment plan, investors can enjoy a comfortable retirement while still achieving their financial goals.
Hence, the correct option is "E".
The question is incomplete, the complete question is:
In the maturity stage of the industry life cycle:
A. the product has reached full potential.
B. profit margins are narrower.
C. producers are forced to compete on price to a greater extent.
D. the product has reached full potential and profit margins are narrower.
E. the product has reached full potential, profit margins are narrower, and producers are
forced to compete on price to a greater extent.
To know more about maturity, click here.
https://brainly.com/question/14746626
#SPJ4
on january 1, year 1, the accounts receivable balance was $23,300 and the balance in the allowance for doubtful accounts was $2,300. on january 15, year 1, an $670 uncollectible account was written-off. what is the net realizable value of accounts receivable immediately after the write-off?
The net realizable value of accounts receivable immediately after the write-off is $21000.
According to the question,
The write-off of the uncollectible amount of $670 is to be reduced from the allowance for doubtful accounts and accounts receivable.
Allowance for doubtful accounts = $2,300
Accounts receivable balance = $23,300
The net realizable value of account receivables is
= (23300-670)-(2300-670)
= $21000
Amount of uncollectible account expenditure
= sales on account* 1%
= 215000* 1%
= $2150
Hence, the net realizable value of accounts receivable immediately after the write-off is $21000.
There are some accounts that have debts and loans which have zero chance of being repaid.
To learn more about accounts, balance, and yearly-sheet,
https://brainly.com/question/15314537
#SPJ4
using revenue as an allocation base, the amount of costs allocated to the lower school is calculated to be:
Using revenue as an allocation base, the amount of costs allocated to the lower school is calculated to be Amount allocated to upper school = 1000000/2500*900 i.e 360000.
Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made through regular business activities. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement.
Revenue is the cash that a firm generates via its operations. Depending on the accounting technique used, there are several ways to compute revenue. Sales made on credit will be included as revenue for products or services provided to the client under accrual accounting. Revenue may be recognized in accordance with certain standards even though payment has not yet been made.
To know more about revenue visit:
https://brainly.com/question/8645356
#SPJ4
She calls and asks for your advice on both an auto loan and a credit card. * 10 point
Based on what your cousin wants to accomplish financially and her current financial obligations, would you advise her to apply for both types of credit? Why or why not? Complete responses should consider:At least 2 specific pieces of advice related to each type of credit: credit cards and auto loans. The advice should consider whether the type of credit is appropriate for a young adult like her. What trade-offs will your cousin have to make based on the advice you are giving her?
I would advice my cousin to not get a credit card as she is a young adult and should not rely immediately on credit as these are associated with a lot of terms and conditions and also dependency on credit card may lead to a negative aspect in the early stages of career.
Also i would advice my cousin to get a auto loan on the condition that he is currently financially sound enough to afford the down payments associated with the auto loan and the installments should not be more than 10% of his current salary
What is a Auto loan?
Automobiles themselves are used as collateral for secured loans like auto loans. Lenders provide it for commercial vehicles, new automobiles, used cars, two wheelers (usually referred to as a two-wheeler loan), and new and used cars (generally called a Commercial Vehicle Loan).
To know more about Auto loans and credit click,
https://brainly.com/question/12389122
#SPJ1
determinants of interest rate for individual securities a particular security's default risk premium is 3.60 percent. for all securities, the inflation risk premium is 2.60 percent and the real interest rate is 2.55 percent. the security's liquidity risk premium is 1.05 percent and maturity risk premium is 1.50 percent. the security has no special covenants. what is the security's equilibrium rate of return?
Asset-market equilibrium means that demand equals supply for an asset. Economic principle puts forward two equal prerequisites for asset-market equilibrium:
Rate of Return The rate of return equals the market hobby rate; Present Value The asset fee equals the present value of contemporary and future payments.
How do you calculate fee of return manually?ROI is the percentage amplify or decrease of an funding from beginning to end. It is calculated by means of taking the difference between the contemporary or predicted future cost and the unique beginning value, divided by using the original value, and elevated by means of a hundred
Learn more about rate of return here:
https://brainly.com/question/1789817#SPJ4which of the following is true of a traditional certificate of deposit (cd)? a. traditional cds must be kept at the issuing institution for a specified time period. b. traditional cds have a floating rate of interest. c. traditional cds are discounted when their market price is more than issue price. d. traditional cds are repaid in installments by the issuing bank. e. traditional cds pay no periodic interest.
Option c is correct. When a traditional certificate of deposit's market price exceeds its issue price, it is discounted.
A type of savings product known as a certificate of deposit (CD) charges interest on a single sum of money for a predetermined period of time. For CDs to avoid penalties and losing interest, the money must stay in the account for the entire term, unlike savings accounts. Savings accounts typically pay lower interest rates than CDs as compensation for liquidity loss.
The majority of consumer financial institutions offer certificates of deposit (CDs), but each bank is free to set its own terms, rate of interest in comparison to savings and money market products, and early withdrawal fees.
Finding the best CD rates requires comparison shopping because there is a surprising variety offered by various financial institutions.
To know more about certificate of deposit click here:
https://brainly.com/question/2273527
#SPJ4
some of the employees of righteous apps, inc., decide that they want to be represented by the science workers union in bargaining with righteous apps over overtime pay and the times that the offices open and close. righteous apps, and some employees, including truman, are against the union. who can demand that a union election be held? if the union is elected, does it have to represent truman? if the union is elected, does righteous apps have to bargain over overtime pay and the times that the offices open and close?
The employees can demand that the union election be held. Members of the union have the powers over the running of the union affairs.
The nature of the relationship between the individuals in a couple is referred to as the type of union. In more detail, it shows whether a couple's members are legally wed or cohabitating. Freight drivers, warehouse employees, sanitation workers, and construction workers are just a few of the blue-collar jobs that are represented by the International Brotherhood of Teamsters, a labor union. The union bargains for its members' pay, benefits, and working conditions.
Employee categories:
Full-time personnel.
Those who work part-time.
seasonal personnel.
Permanent Staff.
Benefit Employees who earned less than one-third of the State's average quarterly wage during the Base Period are considered Class 2 Employees. This typically occurs as a result of a delay in the notification of IB/ESA termination.
Learn more about employees here :
https://brainly.com/question/13405418
#SPJ4
suppose that angela spends all of her income on two goods, pizza and soda. if the price of pizza falls then:
Minor Utility means the utility or fulfillment got by spending an extra dollar on another unti of a singular decent. The marginal utility/price ratio changes when the price of two goods changes.
Let's say angela spends her entire income on two items: pizza and books about fiction B. The current marginal utility per dollar spent on pizza will decrease if the price of pizza goes up. The marginal utility will change as the price goes up.
What is an illustration of marginal utility?A consumer's enjoyment from each additional unit of consumption is called marginal utility. It determines the utility beyond the initial consumption of the product. The marginal utility is the utility gained from purchasing a second bottle of water after purchasing a first one.
Learn more about marginal utility here:
https://brainly.com/question/15050855
#SPJ4
Full Question - Suppose that angela spends all of her income on two goods: pizza and fiction novels. If the price of pizza rises, then
A. The current marginal utility per dollar spent on pizza will rise
B. The current marginal utility per dollar spent on pizza will fall
C. The current marginal utility per dollar spent on fiction novels will rise
D. The current marginal utility per dollar spent on fiction novels will fall
a scrap metal facility has been neglecting employee health and safety. if employees contact osha to request an inspection, what can the facility's management expect?
The facility should expect from criminal charges against the employer staff members.
What can I anticipate from an OSHA inspection?Inspection denotes a thorough analysis. Meeting consumer needs while preventing the distribution of substandard items are inspections' main goals. Undoubtedly, some product flaws cannot be detected or corrected at the final stages of manufacture. Pay attention to the worries of the employees and their representatives. Data on reported incidents and workplace hazards are reviewed and analyzed. Determine the root source of any dangers, both current and potential.
According to the Occupational Safety and Health Act, an agency can bring criminal charges against an employer if: Intentional violation of law resulting in the death of an employee. Prior notice of an OSHA inspection; or providing false information in documents required by law.
To know more about OSHA inspection visit:
https://brainly.com/question/15581066
#SPJ4
the rate of return that financial investors require to hold a risky asset minus the rate of return on a safe asset is called the: multiple choice real interest rate. nominal interest rate. risk premium. discount rate.
The rate of return that financial investors require to hold a risky asset minus the rate of return on a safe asset is called the Option(c) risk premium.
What is risk premium?Risk premiums are higher rates of return you can expect to earn from riskier assets such as stocks as opposed to government bonds.
Investing involves a risk, or chance, that your investment will underperform and lose money. There are many reasons why share prices might fall dramatically, such as mismanagement by the issuer, poor financial performance, or market conditions in general.
To Learn more about risk premium:
https://brainly.com/question/29356116
#SPJ4
a respondent indicated she redeemed a coupon at walmart last week but later indicated that she had not visited a walmart in over two weeks. this type of response poses a problem of
This type of response poses a problem of consistency. We frequently place more emphasis on the result than the process, which makes consistency challenging.
To put it another way, we are more drawn to the satisfying sentiments of successful ends than to the difficulty of the process. Most of us give up during the hardship before we can benefit from perseverance. The urge to continue doing something you are no longer interested in is one of the hazards of consistency." You will also reach a point where the effort needed to finish it is greater than the benefit.
To learn more about consistency, click here.
https://brainly.com/question/3935025
#SPJ4
should iris challenge mike on this issue, or should she leave that subject alone? is she ethically obligated to raise this issue with higher management?
Iris and Mike are both talking about how to raise productivity while also cutting costs.
Iris has nevertheless identified a flaw in this concept. She should first discuss this with Mike in order to emphasize the fact that, despite potential cost savings, higher-quality IT services will be provided. The major goal should be to increase the company's revenue by reducing other costs while also maintaining the required level of quality in accordance with industry standards. In terms of ethics, it's not required to bring up a problem, but if you want the firm to view you favorably, you should talk to upper management about it so they can come to a conclusion.
(Completed question)
Suppose Iris discovers an element of the IT strategic plan stating that IT will reduce costs by implementing a specific new technology. Suppose also that Iris knows that technology has not been shown to reduce costs even though it does improve the quality of IT services. Should Iris challenge Mike on this issue, or should she leave that subject alone? Is she ethically obligated to raise this issue with higher management?
Learn more about productivity visit https://brainly.com/question/28813267
#SPJ4
