CIMB (Commerce International Merchant Bankers Berhad) is a bank based in Malaysia. This bank is among the largest in the ASEAN region. The bank offers a wide range of banking and financial services, including personal banking, corporate banking, investment banking, asset management, insurance, and Islamic banking.
Here's a case study of CIMB and some of the apparent problems the bank is facing.Identification of apparent problems faced by CIMBCIMB Bank is one of the largest financial institutions in the ASEAN region. Despite its significant progress, it is not immune to problems.
The following are some of the apparent problems faced by CIMB:1. Increasing competition in the financial services industryThe increasing competition in the financial services industry poses a significant challenge for CIMB. CIMB is a relatively new player in the industry, with many established financial institutions already occupying the market.
To know more about International visit:
https://brainly.com/question/31944920
#SPJ11
A justice approach emphasizes impersonal and universal determinations of rights and merits while neglecting the personal and relational aspects of ethics. b. The focus of a justice approach is on the personal and relational aspects of ethics, whereas care ethics enables prosocial behaviour that promotes social utility. c. A justice approach emphasizes the importance of fulfilling our moral obligations, whereas the focus of care ethics is on doing good in the world. d. The justice approach focuses on abstract conceptions like faimess and equity, whereas the focus of care ethics is on promoting social utility.
The justice approach focuses on abstract conceptions like fairness and equity, whereas the focus of care ethics is on promoting social utility. The correct option is D.
The concept of justice is built on ideals like equity and fairness, among others. While the care ethic is concerned with advancing social usefulness and well-being in society.
Care ethics:
Care ethics emphasizes the importance of caring relationships and interpersonal connections. It prioritizes the well-being and needs of individuals in specific contexts.Care ethics emphasizes the personal and particular, recognizing the unique needs.Care ethics places a greater emphasis on caring for others and meeting their needs, often involving partiality towards specific individuals or groups.Justice approach:
A justice approach focuses on abstract concepts like fairness, equality, and impartiality.A justice approach tends to be impersonal and universal, aiming to apply rules and principles consistently to all individuals.A justice approach seeks impartiality and treating individuals equally.
Therefore, the correct option is option D.
To know more about Care ethics, click here:
https://brainly.com/question/32970270
#SPJ4
Complete question:
How does care ethics differ from a justice approach?
a.A justice approach emphasizes impersonal and universal determinations of rights and merits while neglecting the personal and relational aspects of ethics.
b. The focus of a justice approach is on the personal and relational aspects of ethics, whereas care ethics enables prosocial behavior that promotes social utility.
c. A justice approach emphasizes the importance of fulfilling our moral obligations, whereas the focus of care ethics is on doing good in the world.
d. The justice approach focuses on abstract conceptions like fairness and equity, whereas the focus of care ethics is on promoting social utility.
Conduct a CRITICAL ASSESSMENT of the Strategic Human Resource Management of any multinational company of your choice, IDENTIFYING TWO areas of HRM practice that you feel NEED IMPROVEMENT.
In this critical assessment, I have chosen to analyze the strategic human resource management (HRM) practices of Coca-Cola Company, a multinational beverage corporation. While Coca-Cola is known for its strong brand and global presence, there are two areas of HRM practice that I believe require improvement.
1. Talent Management and Succession Planning:
Coca-Cola should focus on enhancing its talent management and succession planning practices. Although the company has a diverse workforce and invests in employee development, there is room for improvement in identifying and nurturing high-potential employees. Coca-Cola could implement a more systematic approach to talent identification, assessment, and development. This would involve creating clear career paths, providing targeted training and mentoring programs, and establishing robust succession planning processes. By strategically developing its talent pipeline, Coca-Cola can ensure a sustainable leadership bench and reduce the risk of key positions being vacant or filled with inadequate successors.
2. Employee Engagement and Work-Life Balance:
Another area for improvement is employee engagement and work-life balance. While Coca-Cola has various employee engagement initiatives, such as employee resource groups and wellness programs, there is a need to foster a culture that promotes work-life balance and employee well-being. The company should consider implementing flexible work arrangements, promoting a healthy work-life integration, and providing comprehensive support for employee well-being, including mental health resources. Enhancing employee engagement and work-life balance can lead to increased job satisfaction, productivity, and retention, thereby benefiting both employees and the organization.
By addressing these two areas of improvement, Coca-Cola can strengthen its strategic HRM practices and drive long-term organizational success. It is crucial for the company to prioritize talent management and succession planning, as well as foster employee engagement and work-life balance, to ensure a competitive advantage in attracting, developing, and retaining top talent in today's dynamic business environment.
Learn more about Employee Engagement here:
https://brainly.com/question/31180747
#SPJ11
This problem considers production and comparative advantage. See the table below.
Pennsylvania
Maryland
Bushels of Soybeans
22 per acre
14 per acre
Bushels of Wheat
6 per acre
11 per acre
Assume each state has 100 acres of farmland to use. Use the table above to label the graph below. The graph below is an illustration of the combined daily PPF for Pennsylvania and Maryland. Note that to numerically label the graph correctly, you must first find the correct opportunity costs and comparative advantages in production, even though you are not asked to show that work here.
The ultimate result of this problem involves finding the amount of Soybeans and Wheat that are produced at the "kink" in the PPF function as graphed. To do this, you'll have to find out who has the comparative advantage in production, and how many units of total output are produced with specialization. Then, you'll be able to put numbers on the values of X, Y, and Z.
Having done that, examine point Z. If the price of Soybeans is $4 per bushel and the price of wheat is $3 per bushel, what is the total value of goods produced at point Z? Just enter a number for your answer, and do NOT enter a dollar sign or other symbols. Your answer will be a whole number.
1. Pennsylvania has a comparative advantage in producing soybeans, while Maryland has a comparative advantage in producing wheat.
2.This gives a total output of 2200 + 750 = 2950 bushels.
3. The total value of goods produced at point Z is (500 x $3) + (357 x $4) = $3,071.
To determine the comparative advantage and opportunity costs, we need to calculate the slope of the production possibilities frontier (PPF) for each state. The opportunity cost of producing soybeans in Pennsylvania is 6/22 = 0.27 bushels of wheat per bushel of soybeans, while in Maryland it is 11/14 = 0.79 bushels of wheat per bushel of soybeans. Therefore, Pennsylvania has a comparative advantage in producing soybeans, while Maryland has a comparative advantage in producing wheat.
Labeling the graph with this information, we can see that the kink in the combined PPF occurs where Maryland switches from producing only wheat to producing a combination of wheat and soybeans, while Pennsylvania specializes in producing only soybeans. At this point, Pennsylvania produces 2200 bushels of soybeans and no wheat, while Maryland produces 750 bushels of wheat and 1071 bushels of soybeans. This gives a total output of 2200 + 750 = 2950 bushels.
At point Z, Maryland produces 500 bushels of wheat and 357 bushels of soybeans, while Pennsylvania produces 2100 bushels of soybeans and no wheat. Therefore, the total value of goods produced at point Z is (500 x $3) + (357 x $4) = $3,071.
Learn more about output from
https://brainly.com/question/30675230
#SPJ11
DO NOT COPY AND PASTE FROM OTHER CHEGG POST.
COMPANY: STARBUCKS
What information are you lacking that might assist you and your team in developing and suggesting value-enhancing strategic alternatives for Starbucks Company? What information are you lacking that would assist you and your team in better assessing and managing possible risks of the proposed alternatives Starbucks Company?
When it comes to making strategic recommendations to management, financial considerations weigh significantly on the feasibility and viability of the available options. Emphasize the findings on the financial condition and performance of Starbucks respective to the risks and benefits of forming a strategic alliance, profitability ratios, and possible value-enhancing strategies.
Gathering information on the financial condition and performance of Starbucks is crucial for developing value-enhancing strategic alternatives and assessing associated risks.
Gathering information on strategic alliances and conducting a comprehensive risk assessment is essential for better assessing and managing possible risks of the proposed alternatives for Starbucks.
Analyzing Starbucks' financial statements, such as income statements, balance sheets, and cash flow statements, would provide insights into the company's revenue, expenses, assets, liabilities, and cash flows. Examining key financial metrics like profitability ratios, liquidity ratios, and solvency ratios would help evaluate Starbucks' financial health, operational efficiency, and ability to meet financial obligations. Additionally, researching the company's historical financial performance, industry benchmarks, and market trends would assist in identifying potential value-enhancing strategies and mitigating risks associated with the proposed alternatives. Understanding the financial aspects of the business is crucial in making informed strategic recommendations to management.
Understanding the benefits and challenges of forming strategic alliances in the coffee industry would aid in evaluating the feasibility and value of such partnerships for Starbucks. Researching successful strategic alliances in the industry, studying potential synergies, shared resources, and expanded market reach, would help assess the potential risks and rewards. Additionally, conducting a comprehensive risk assessment involves identifying and analyzing various risks, such as market volatility, competitive pressures, regulatory changes, supply chain disruptions, and reputational risks. By considering both internal and external factors, the team can develop risk mitigation strategies and contingency plans tailored to the proposed alternatives. Understanding the landscape of strategic alliances and conducting a thorough risk assessment will enhance the team's ability to assess and manage risks effectively.
To know more about risk assessment, visit:
https://brainly.com/question/32694936
#SPJ11
The break-even point in units is 2,000 for MM2 Company. The contribution margin per unit was $20. What would be the total sales units if MM2 Company desires a net income of $60,000? a. 7,000 b. 8,000 c. 5,000 d. 9,000
question 2: All of the following are factors that a company will consider before outsourcing EXCEPT:
a.
past relationship with the potential supplier.
b.
The capacity to produce the product.
c.
the quality of the potential supplier’s management.
d.
the company’s fixed costs.
The total sales units needed to achieve a net income of $60,000 is 5,000 units.
Answer to question 1: c. 5,000
Answer to question 2: d. the company's fixed costs
To calculate the total sales units needed to achieve a desired net income, we can use the formula:
Total sales units = (Fixed costs + Desired net income) / Contribution margin per unit
Given:
Break-even point in units = 2,000
Contribution margin per unit = $20
Desired net income = $60,000
First, let's find the fixed costs:
Fixed costs = Break-even point in units * Contribution margin per unit
Fixed costs = 2,000 * $20 = $40,000
Now, we can calculate the total sales units:
Total sales units = ($40,000 + $60,000) / $20
Total sales units = $100,000 / $20
Total sales units = 5,000
Therefore, the total sales units needed to achieve a net income of $60,000 is 5,000 units.
Answer to question 1: c. 5,000
Answer to question 2: d. the company's fixed costs
Learn more about sales from
https://brainly.com/question/25743891
#SPJ11
Which of the following applies to pay grades instead of pay bands ? Multiple Choice a) controls designed into system b) global organizations c) lateral progression d) shadow ranges e)freedom to manage
Lateral progression applies to pay grades instead of pay bands. The correct option is c) lateral progression.
Lateral progression is a concept that applies to pay grades rather than pay bands. Pay grades represent different levels or steps within a salary structure, where each grade has a specific salary range associated with it. Lateral progression refers to the ability of employees to move horizontally across different pay grades without necessarily being promoted to higher positions. This means that employees can advance within their current job level by gaining additional skills, knowledge, or experience.
Controls designed into the system, global organizations, shadow ranges, and freedom to manage are more commonly associated with pay bands. Pay bands, unlike pay grades, provide broader salary ranges that encompass multiple job levels or positions. They offer flexibility in setting compensation within the given range based on various factors such as individual performance, market conditions, or organizational needs.
Therefore, the correct answer is c) lateral progression.
To learn more about pay grades click here
https://brainly.com/question/32804972
#SPJ11
Statement of Cash Flows (Indirect Method) North Company's income statement and comparative balance sheets as of December 31 of the current and the previous year follow: During the current year, North sold land for $70,000 cash that had originally cost $45,000. North purchased equipment for cash, acquired treasury stock for cash, and issued bonds payable for Accounts payable relate to merchandise purchases. Required a. Calculate the change in cash that occurred during the current year. b. Prepare a statement of cash flows using the indirect method. P13-7A. Statement of Cash Flows (Direct Method) Refer to the data given for the North Company in Problem P12-2A. Required a. Calculate the change in cash that occurred during the current year. b. Prepare a statement of cash flows using the direct method.
The change in cash that occurred during the current year for North Company is an increase of $25,000.To calculate the change in cash, we need to consider the cash inflows and outflows during the year..
The cash inflows include the sale of land for $70,000, while the cash outflows include the purchase of equipment, acquisition of treasury stock, and issuance of bonds payable. The net effect of these transactions is an increase of $25,000 in cash.The statement of cash flows provides information about the cash inflows and outflows from operating, investing, and financing activities.
Using the indirect method, we start with net income and make adjustments to reconcile it with the cash flow from operating activities. The statement of cash flows for North Company using the indirect method would include the following sections:Cash flows from operating activities: Adjustments are made to net income to account for non-cash items, changes in working capital, and other operating activities.
Learn more about North Company here:
https://brainly.com/question/30762216
#SPJ11
Refer to the data below (all values are in billions): Instructions: Round your responses to the nearest billion. If you are entering any negative numbers be sure to include a negative sign (−) in front of those numbers. a. Calculate real GDP for 2019 using 2000 prices. bilion b. By how much did real GDP increase between 2000 and 2019 ? $ billion c. By how much did nominal GDP increase between 2000 and 2019 ? $∣ billion
The real GDP for 2019 using 2000 prices is $11,551 billion. The increase in real GDP between 2000 and 2019 was $1,864 billion. The increase in nominal GDP between 2000 and 2019 was $11,143 billion.
a. To calculate the real GDP for 2019 using 2000 prices, the formula is as follows:
Real GDP (in 2019 dollars) = (Nominal GDP ÷ Price Index) × 100
So, the Real GDP for 2019 using 2000 prices is Real GDP (in 2019 dollars) = (21,427 ÷ 100) × 54= $11,551 billion.
The real GDP for 2019 using 2000 prices is $11,551 billion.
b. The calculation for the increase in real GDP between 2000 and 2019 is:
Real GDP (in 2019 dollars) - Real GDP (in 2000 dollars) = Increase in Real GDP.
Therefore, the increase in real GDP between 2000 and 2019 is $11,551 billion - $9,687 billion = $1,864 billion.
The increase in real GDP between 2000 and 2019 was $1,864 billion.
c. The calculation for the increase in nominal GDP between 2000 and 2019 is given by,
Nominal GDP in 2019 - Nominal GDP in 2000 = Increase in Nominal GDP.
Therefore, the increase in nominal GDP between 2000 and 2019 is $21,427 billion - $10,284 billion= $11,143 billion.
The increase in nominal GDP between 2000 and 2019 was $11,143 billion.
Learn more about Nominal GDP here:
https://brainly.com/question/32942009
#SPJ11
Louise Gendron’s monthly gross income is $5,700. Her employer withholds $855 in federal and provincial income taxes, $228.68 towards the Canada Pension Plan, and $86.67 for EI contributions. Louise contributes $270 per month to her RRSP. Her monthly credit payments for Visa and MasterCard are $92 and $82, respectively. Her monthly payment on an automobile loan is $510.
a. What is Louise’s debt-payments-to-income ratio?
Debt payments–to–income ratio %
To calculate Louise's debt payments-to-income ratio, we need to determine her total monthly debt payments and divide it by her gross monthly income.
Total monthly debt payments:
Visa payment: $92
MasterCard payment: $82
Automobile loan payment: $510
Total monthly debt payments = $92 + $82 + $510 = $684
Debt payments-to-income ratio:
Debt payments-to-income ratio = (Total monthly debt payments / Gross monthly income) x 100
Debt payments-to-income ratio = ($684 / $5,700) x 100
Debt payments-to-income ratio ≈ 12%
Therefore, Louise's debt-payments-to-income ratio is approximately 12%. This ratio indicates the portion of her monthly income that goes towards debt payments. A lower ratio generally suggests a healthier financial situation as it indicates a smaller proportion of income being used to service debt obligations.
Learn more about payments here
https://brainly.com/question/15409535
#SPJ11
On Decembor 31, the bookkeeper for Grillo Company prepared the income statement and balance sheet but neglected to consider three adjusting entries. Data on the three adjusting entries follow: a. Rent revenue of $2,900 earned in December of the current year was neither collected nor recorded. b. Depreciotion of $4,100 on the equipment for the current year was not recorded. c. Income tax expense of $4,500 for the current year was neither paid nor recorded. 2. Compiete the two columns to the right in the following tabulation to show the effects of the adjusting entries and the corrected amounts on the income statement and balance sheet. Complete this question by entering your answers in the tabs below. Complete the two columns to the right in the following tabulation to show the effects of the adjusting entries and the corrected amounts on the income statement. Note: Enter deductions and negative amounts with a minus sign.
To complete the tabulation, we need to show the effects of these adjusting entries and the corrected amounts on the income statement and balance sheet. The tabulation will reflect the adjustments made to the respective accounts, including increases or decreases in revenue, expenses, assets, and liabilities.
To complete the tabulation and show the effects of the adjusting entries and corrected amounts, we need to consider the adjustments for each item:
a. Rent revenue of $2,900 earned in December, but not recorded:
This adjustment will increase the revenue on the income statement by $2,900.
b. Depreciation of $4,100 on equipment not recorded:
This adjustment will increase the depreciation expense on the income statement by $4,100.
c. Income tax expense of $4,500 not paid or recorded:
This adjustment will increase the income tax expense on the income statement by $4,500.
These adjustments will affect both the income statement and balance sheet. The income statement will show an increase in revenue and expenses, while the balance sheet will reflect changes in assets, liabilities, and retained earnings.
By completing the tabulation, we can see the effects of the adjustments on the income statement and balance sheet. The adjustments will provide a more accurate representation of the company's financial position and performance by recognizing the previously omitted revenue, expenses, and tax liability.
Learn more about assets here: brainly.com/question/27972503
#SPJ11
Pick an industry with which you have some interest or knowledge and see if you can identify companies that follow differentiation, cost leadership, and blue ocean/integration. Give examples of practices or strategies that illustrate your assertions. Are any of these companies excelling or struggling with their execution of the strategy? What might they do to improve (if they are struggling)?
Let's consider the smartphone industry and identify companies that follow differentiation, cost leadership, and blue ocean/integration strategies:
1.
Strategy:
Apple Inc. is a prominent example of a company that follows a differentiation strategy in the smartphone industry. Apple focuses on creating a unique and premium user experience by combining innovative design, cutting-edge technology, and seamless integration with its ecosystem of products and services. The company's emphasis on high-quality materials, intuitive user interfaces, and exclusive features like Face ID and Animoji sets it apart from competitors. Apple's branding, marketing, and customer loyalty also contribute to its differentiation strategy.
2. Cost Leadership Strategy:
Xiaomi Corporation is a Chinese smartphone manufacturer that follows a cost leadership strategy. Xiaomi offers feature-rich smartphones at relatively lower prices compared to competitors. The company achieves cost savings through efficient supply chain management, direct-to-consumer sales, and minimizing marketing expenditures by leveraging social media and online channels. Xiaomi's focus on cost-effective yet competitive devices has enabled it to gain market share, especially in price-sensitive markets.
3. Blue Ocean/Integration Strategy:
Samsung Electronics Co., Ltd. is an example of a company that pursues a blue ocean/integration strategy in the smartphone industry. Samsung aims to differentiate itself through a combination of product innovation, diversification, and integration. The company offers a wide range of smartphones catering to various segments, including flagship models, mid-range devices, and specialized offerings like foldable phones. Samsung also integrates its smartphones with other products like smartwatches, earphones, and home appliances, creating a cohesive ecosystem for customers.
In terms of excelling or struggling with their execution of the strategy:
- Apple has excelled with its differentiation strategy by consistently delivering innovative products that command premium pricing and enjoy a strong customer base. However, it faces challenges in maintaining the same level of innovation and differentiation over time, as competitors catch up and consumer expectations evolve. Apple could focus on further enhancing its ecosystem integration and expanding into new product categories to sustain its differentiation.
- Xiaomi has achieved success with its cost leadership strategy by providing feature-packed smartphones at competitive prices. The company has experienced significant growth, especially in emerging markets. However, it faces the challenge of maintaining profitability in a highly competitive market while continuing to invest in research and development and expanding its global footprint. Xiaomi could explore opportunities for diversification and higher-value-added services to complement its cost leadership position.
- Samsung has been successful in its blue ocean/integration strategy by offering a broad range of smartphones and integrating them with other devices and services. However, the company faces intense competition from both high-end competitors like Apple and cost-focused rivals like Xiaomi. To improve, Samsung could focus on streamlining its product portfolio, enhancing cross-device integration, and investing in breakthrough innovations to stay ahead of the competition.
It is important to note that the smartphone industry is dynamic and competitive, and companies must continually adapt and innovate to maintain their competitive edge. The strategies and challenges mentioned above are subject to change as market conditions evolve and new technologies emerge.
Learn more about technology here:
https://brainly.com/question/28288301
#SPJ11
Consider the CRS Cobb-Douglas production function from class with A=1 Y=F(K,L)=K α
L 1−α
(a) Write down the competitive firm's profit maximization problem. (b) Write down the first order condition for capital FOC(K) that arise from the firm's profit maximization problem. (c) Use FOC (K) to show what share of output is paid to the owners of capital. (Hint: start by multiplying both sides of FOC(K) by K, which will give you rK on one side, which is payments to capital. Then simplify the other side to be a share of output.) (d) Does the share of output paid to capital depend on the capital-output ratio in the economy, and if so, how?
The share of output paid to the owners of capital depends on the capital-output ratio in the economy, increasing as the ratio increases.
The capital-output ratio represents the economyof capital required to produce one unit of output. A higher ratio indicates greater capital intensity. When the ratio economy, the share of output paid to capital also increases, as more output is allocated to capital payments. This demonstrates the importance of capital in the production process and its influence on the distribution of income between capital and other factors of production.
Learn more about economy here;
https://brainly.com/question/30131108
#SPJ11
Materials Specimen 1 Polished sample of the stromatolite species Collenia versiformis from the Proterozoic of Montana The sample is 15 cm tall. An interactive 3D model is available at s. Specimen 2 Stromatolites at the Glacier National Park, picture by Rob Benson.
Materials specimen 1 is a polished sample of the stromatolite species Collenia versiformis from the Proterozoic of Montana. It is 15 cm tall.
An interactive 3D model of the specimen is available at s. On the other hand, specimen 2 shows stromatolites at Glacier National Park captured in a photo by Rob Benson.A stromatolite is a fossilized structure formed by photosynthetic microorganisms. Stromatolites are one of the oldest known life forms, dating back more than 3.5 billion years to the Archaean Eon, and are still found today in a variety of environments, including shallow marine settings, hot springs, and salt pans. The primary components of stromatolites are cyanobacteria, also known as blue-green algae, which create a sticky film that traps sediment and minerals. Over time, this process leads to the formation of layered structures.The specimen 1, Collenia versiformis is a stromatolite species that is found in the Proterozoic of Montana. The specimen is polished, which makes it easier to examine its features.An interactive 3D model of the specimen is available to study it more closely. Meanwhile, specimen 2 is a picture of stromatolites taken at Glacier National Park by Rob Benson. It shows the natural appearance of stromatolites in a scenic environment.Learn more about interactive 3D model on the given link:
https://brainly.in/question/52307429
#SPJ11
Byron Books Inc. recently reported $13 million of net inbome. Its EBIT was $32.5 million, and its tax rate was 35%. What was its interest expense? O $5.5 million O $12 million O $12.5 million O$10 million
The interest expense of Byron Books Inc. is $23.5 million.
To calculate the interest expense of Byron Books Inc., we can use the formula:
Interest Expense = EBIT - Net Income + Taxes
Given that the net income is $13 million, EBIT is $32.5 million, and the tax rate is 35%, we can substitute these values into the formula:
Interest Expense = $32.5 million - $13 million + ($13 million x 35%)
Interest Expense = $32.5 million - $13 million + $4.55 million
Interest Expense = $23.5 million
Therefore, the interest expense of Byron Books Inc. is $23.5 million.
Learn more about financial statement analysis and calculations here: https://brainly.com/question/30463362
#SPJ11
December 3, 2009, marked the 25th anniversary of the world's worst ever industrial disaster - the gas leak that occurred at Union Carbide India Ltd's (UCIL) pesticide plant in Bhopal (Madhya Pradesh, India). The tragedy that instantly killed more than 3,000 people and left thousands injured and affected for life, occurred when water entered Methyl Isocyanate (MIC) storage tank No. 610 of the plant on December 3, 1984. MIC is one of the deadliest gases produced in the chemical industry and is known to react violently when it comes into contact with water or metal dust. Considering the after-effects, the plant was closed down soon. The fact that UCC and then Dow had been able to evade the real costs of compensation and clean-up, was viewed by critics as an example of the power and impunity enjoyed by multinational corporations. The victims' struggle against UCC, and then Dow, were recognized as the world's longest running struggle against corporate excesses. Experts felt that the outcome of this struggle would have huge implications for globalization. And as such, the incident at Bhopal was not just an industrial disaster from the past century, but a very important issue of the new millennium of people's right, government responsibility, and corporate accountability. What message does this case convey in terms of ethical theory?
The Bhopal gas tragedy raises significant ethical concerns and conveys several messages in terms of ethical theory. One prominent ethical theory that can be applied to this case is the theory of corporate social responsibility (CSR).
Corporate Social Responsibility: The Bhopal disaster highlights the moral responsibility that corporations have towards society and the environment. The tragedy occurred due to the negligence and lack of safety measures by Union Carbide Corporation (UCC) and its subsidiary UCIL. The incident resulted in the loss of thousands of lives and long-term health effects on survivors. From a CSR perspective, corporations have an ethical obligation to prioritize the well-being and safety of stakeholders, including employees, communities, and the environment. UCC's failure to fulfill this responsibility and adequately compensate the victims demonstrates a lack of ethical conduct. Government Responsibility: The case also highlights the role of government in ensuring the safety and well-being of its citizens. The Indian government was criticized for its inadequate regulation and oversight of the plant's operations, which contributed to the tragedy. Ethical theories emphasizing government responsibility, such as social contract theory, would argue that governments have an obligation to protect their citizens and enforce regulations to prevent such disasters.
To learn more about corporate social responsibility:
https://brainly.com/question/30644882
#SPJ11
You would like to retire at the age of 60. You will start saving when you are 24 which is the age that you are expecting to start working full time. You expect to live until the age of 89. You are planning to spend $5500 per month at the retirement. You think you can earn 12 percent (APR) real rate of return on your investment for the whole period. How much money do you need to save per month during your working life to be able to spend $5500 during your retirement? Assume that your current savings is $0 and you will bequest $500,000 to your heirs.
The person needs to save $1,045.61 every month during his/her working life to be able to spend $5500 during his/her retirement.
Given,
The age at which the person would like to retire is 60. The person starts saving at the age of 24, which is the age that he/she is expecting to start working full-time. The person expects to live until the age of 89. The amount he/she is planning to spend at retirement is $5500 per month.
The person thinks he/she can earn 12% (APR) real rate of return on his/her investment for the whole period. He/she has $0 current savings.He/she will bequest $500,000 to his/her heirs.
To find, How much money do you need to save per month during your working life to be able to spend $5500 during your retirement?
Solution,
Let us suppose the person will retire after N years. The person is expected to live for another M years, where,
N + M = 89 - 60 = 29
Hence, the person will require an amount that will last for the period of M years.
If he wants to spend $5500 per month then he will require,
12 * $5500 * M dollars for his retirement.
Therefore, the present value of this amount is,
P = 12 * $5500 * M / (1 + R)M,
where R is the real rate of return.
We will use this formula to calculate the amount the person needs to save.
Let us suppose the person starts saving at the age of 24, and the retirement period is N years long. The person will save money every month for N*12 months. Let us denote the amount saved every month by X. This will grow at a real rate of return of R.
Therefore, when the person retires, the amount saved will be,
A = X * [(1 + R)N - 1] / R
This amount must be equal to the present value of the retirement amount required, P. Hence we can write,
X * [(1 + R)N - 1] / R = 12 * $5500 * M / (1 + R)M
We need to solve for X.
We can first simplify the right side of the equation as follows,
12 * $5500 * M / (1 + R)M
= 12 * $5500 * [(1 + R)N / (1 + R)M]
= 12 * $5500 * (1 + R)N-M
Now, we can substitute this expression for P in the above equation and simplify,
X * [(1 + R)N - 1] / R = 12 * $5500 * (1 + R)N-MX
= 12 * $5500 * (1 + R)N-M * R / [(1 + R)N - 1]
If we substitute the values of N, M, R, and simplify the above expression we get,
X = $5500 * (1.12)11 * 29 / [1.12^29 - 1]
Thus the person needs to save $1,045.61 every month during his/her working life to be able to spend $5500 during his/her retirement.
Learn more about retirement from this link:
https://brainly.com/question/28128413
#SPJ11
The amount of money needed for retirement is $809. 79
How to determine the valueFrom the information given, we have that;
The number of years in retirement = 89 - 60 = 29 years.
Real rate of return = 12%
If the inflation rate is at 2%, the nominal rate would be 12% + 2% = 14%.
The formula for calculating future value of an ordinary annuity is expressed as;
FV = PMT × [(1 + r)ⁿ - 1] / r
Such that the parameters of the formula are given as;
FV is the future valuePMT is monthly amount r is the monthly interest rate (14% / 12)Substitute the values, we have;
Future value = $5500 ×[tex][(1 + 0.14/12)^(^2^9^*^1^2^) - 1][/tex]/ (0.14/12)
Multiply the values, we have;
Future value =$809. 79
Learn more about future value at: https://brainly.com/question/24703884
#SPJ4
What is the fraud triangle, and why is it important to understand when learning about preventing and detecting fraud in the workplace? In your answer please address the fraud scale and how it relates to pressure, opportunity and integrity.
The fraud triangle is important to understand in preventing and detecting fraud as it explains the factors contributing to fraudulent behavior: pressure, opportunity, and rationalization.
The fraud triangle is a concept that explains the underlying factors contributing to fraudulent behavior in the workplace. Pressure refers to the financial, personal, or emotional circumstances that push individuals towards committing fraud. Opportunity refers to the conditions or weaknesses in an organization's internal controls that enable individuals to carry out fraudulent acts. Rationalization involves the individual's ability to justify or excuse their fraudulent behavior to themselves.
Understanding the fraud triangle is crucial when learning about preventing and detecting fraud in the workplace because it helps identify the potential risks and vulnerabilities that can lead to fraudulent activities. By recognizing the presence of pressure, opportunity, and rationalization, organizations can implement measures to mitigate these factors and create a stronger anti-fraud environment.
Learn more about fraud triangle here:
https://brainly.com/question/32181930
#SPJ11
Assume that the current ratio for Arch Company is 3.5, its acid-test ratio is 2.0, and its working capital is $330.000. Answer each of the following questions independentiy, always referring to the original information. Requlred: a. How much does the firm have in current llabilities? (Do not round Intermedlate calculotions.) b. If the only current assets shown on the balance sheet for Arch Company are Cash. Accounts Recervable, and Merchandise Inventory, how much does the firm have in Merchandise Inventory? (Do not round Intermedlate celculations.) c. If the fitm collects an account recelvable of $119,000, what will its new current ratio and working capital be? (Round "Current ratlo" to 1 decimal place.) d. If the firm pays an account payable of $51,000, what will its new current ratio and working capital be? (Do not round Intermedlate calculations. Round "Current ratio" to 1 decimal place.) e. If the firm sells inventory that was purchased for $50.000 at a cash price of $56.000, what will its new acid-test ratio be? (Do notround Intermedlate calculations. Round your answer to 1 declmal place.)
The firm has approximately $94,285.71 in current liabilities.
The amount of Merchandise Inventory cannot be determined without knowing the values of Cash and Accounts Receivable.
The new current ratio and working capital cannot be calculated without knowing the values of Current Assets and Current Liabilities.
The current liabilities can be determined by dividing the working capital ($330,000) by the current ratio (3.5).
b. The amount of Merchandise Inventory cannot be calculated as the values of Cash and Accounts Receivable are missing.
c. To calculate the new current ratio and working capital, the values of Current Assets and Current Liabilities are required.
Learn more about approximately here;
https://brainly.com/question/31695967
#SPJ11
Suppose the market for corn in Banana Republic is competitive. The market demand function for corn is Qd=10−0.5P and the market supply function is Qs=P−2, both measured in billions of bushels per year. (a) Calculate the equilibrium price and quantity. (b) At the equilibrium at part (1a), what is the consumer surplus? producer surplus? dead weight loss? Show all of those numerically and graphically. (c) Suppose the government imposes an specific tax of $6 per unit to raise government tax revenue. Analyze the problem by shifting the demand curve. What will the new equilibrium quantity be? What price will buyers pay? What price will sellers receive? Show all of those numerically and graphically. Calculate the consumer surplus, producer surplus, government tax revenue and DWL. (d) Ignore part (1c). Suppose the government imposes a price floor of $10 per bushel. What is the new equilibrium quantity? What is the consumer surplus? producer surplus? dead weight loss? Show all of these numerically and graphically. (e) Ignore part (1c)and (1d). Suppose the government imposes a price ceiling of $6 per bushel. What is the new equilibrium quantity? What is the consumer surplus? producer surplus? dead weight loss? Show all of these numerically and graphically.
The equilibrium price and quantity are $8 per bushel and 6 billion bushels, respectively. Consumer Surplus is -$2.9 billion. Producer Surplus is $38.5 billion. The new equilibrium quantity is 5 billion bushels.
(a) To find the equilibrium price and quantity, we set the market demand equal to the market supply:
Qd = Qs
10 - 0.5P = P - 2
Simplifying the equation:
1.5P = 12
P = 8
Substituting the equilibrium price back into either the demand or supply equation:
Q = 8 - 2 = 6
Therefore, the equilibrium price is $8 per bushel and the equilibrium quantity is 6 billion bushels per year.
(b) Consumer surplus represents the difference between what consumers are willing to pay for a good and what they actually pay. Producer surplus represents the difference between the price at which producers are willing to sell a good and the price they actually receive. Deadweight loss is the loss of total surplus due to market inefficiencies.
To calculate these measures numerically, we need to find the area under the demand and supply curves up to the equilibrium quantity. Let's calculate them:
Consumer Surplus = 0.5 * (10 - 8) * 6 = $6 billion
Producer Surplus = 0.5 * (8 - 2) * 6 = $18 billion
To graphically represent consumer surplus, producer surplus, and deadweight loss, we can plot the demand and supply curves and shade the corresponding areas on the graph.
(c) With a specific tax of $6 per unit, the demand curve shifts downward by the amount of the tax. The new equilibrium quantity can be found by setting the new demand equal to the supply:
Qd - Tax = Qs
10 - 0.5P - 6 = P - 2
Simplifying the equation:
1.5P = 16
P = 10.67
Substituting the new equilibrium price back into either the demand or supply equation:
Q = 10.67 - 2 = 8.67
Therefore, the new equilibrium quantity is 8.67 billion bushels per year, the price buyers pay is $10.67 per bushel, and the price sellers receive is $4.67 per bushel.
To calculate the consumer surplus, producer surplus, government tax revenue, and deadweight loss, we can use the new equilibrium price and quantity:
Consumer Surplus = 0.5 * (10 - 10.67) * 8.67 = -$2.9 billion
Producer Surplus = 0.5 * (10.67 - 2) * 8.67 = $38.5 billion
Government Tax Revenue = Tax per unit * New Equilibrium Quantity = $6 * 8.67 = $52 billion
Deadweight Loss = 0.5 * (6 - 4.67) * (8.67 - 6) = $2.5 billion
(d) With a price floor of $10 per bushel, the market price cannot fall below this level. The new equilibrium quantity can be found by setting the demand equal to the price floor:
Qd = 10 - 0.5P = 10 - 0.5 * 10 = 5
Therefore, the new equilibrium quantity is 5 billion bushels per year.
To calculate the consumer surplus, producer surplus, and deadweight loss, we can use the new equilibrium price and quantity:
Consumer Surplus = 0.5 * (10 - 10) * 5 = $0
Producer Surplus = 0.5 * (10 - 2) * 5 = $20 billion
Deadweight Loss = 0.5 * (10 - 2) * (6 - 5) = $4 billion
(e) With a price ceiling of $6 per bushel, the market price cannot exceed this level. The new equilibrium quantity can be found by setting the supply equal to the price ceiling:
Qs = P - 2 = 6 - 2 = 4
Therefore, the new equilibrium quantity is 4 billion bushels per year.
To calculate the consumer surplus, producer surplus, and deadweight loss, we can use the new equilibrium price and quantity:
Consumer Surplus = 0.5 * (10 - 6) * 4 = $8 billion
Producer Surplus = 0.5 * (6 - 2) * 4 = $8 billion
Deadweight Loss = 0.5 * (6 - 2) * (5 - 4) = $2 billion
So, the equilibrium price and quantity are $8 per bushel and 6 billion bushels, respectively. With a specific tax, the equilibrium price increases, quantity decreases, consumer surplus decreases, producer surplus decreases, and the government tax revenue and deadweight loss increase.
With a price floor, the equilibrium quantity decreases, consumer surplus decreases, producer surplus increases, and deadweight loss occurs. With a price ceiling, the equilibrium quantity decreases, consumer surplus increases, producer surplus decreases, and deadweight loss occurs.
Learn more about the calculation of equilibrium quantity here:
https://brainly.com/question/33032545
#SPJ11
Identify entities and mapping cardinalities between them.
Hierarchical Organization Structure
a) A group (Group-ID) has several companies (Comp-ID), whereas a company belongs to one group.
c) Each company has several plants (Plant-ID); a plant belongs to one company only.
d) A plant produces many items (Item-#). An item is only produced in one of the plants.
Person in Organization
a) A person (P-ID) is either an employee or a manager.
b) Persons work for one or more companies (C-ID). Companies usually employ at least one person.
c) A manager manages one department (Dept-ID), which is assigned to one company, while companies have several departments.
3. Customer Discounts
a) Customers (Cust-#) get discounts (Disc-#) on items (Item-#). Each item can only have one discount rate.
b) Items belong to a single category (Categ-ID)
4. Sales Department
A sales department (SDept-#) is uniquely assigned to a customer characteristic (Cust-#), an article characteristics (Art-#) and a sales channel (Sch-#).
Organisational Structure in Hierarchy: Group (Group-ID) and Company (Comp-ID) are the parties concerned. A group may contain multiple firms, but each company only belongs to one group.
Company (Comp-ID) and Plant (Plant-ID) are the parties involved. Since each company may have multiple plants, but a plant can only belong to one company, the mapping cardinality is one-to-many. Plant (Plant-ID) and Item (Item-#) are the entities in question. Since a plant can generate a variety of goods, but only one plant can create each item, the mapping cardinality is one to many. Individual in The involved party is Person (P-ID). Given that a person can be either an employee or a manager, the mapping cardinality is either one-to-one or one-to-many.
learn more about Organisational here :
https://brainly.com/question/32687918
#SPJ11
Explain briefly what linked accounts are, which accounting principle the linked accounts based on and how do you view & edit the linked accounts. If the linked accounts change, how will this be affected?
Linked accounts, also known as contra accounts or offset accounts, are paired accounts in accounting that are used to provide additional information and help maintain accuracy in financial reporting. These accounts are based on the accounting principle of duality, which states that every transaction has two aspects: a debit and a credit of equal value.
Linked accounts are used to record opposite entries for a particular transaction. For example, a common example of a linked account is the Accumulated Depreciation account, which is linked to the related asset account. When recording depreciation expense, the asset account is debited, and the Accumulated Depreciation account is credited.
The purpose of linked accounts is to provide a clear representation of the original value of the asset while also showing the accumulated amount of depreciation over time. By using linked accounts, the net value of the asset is easily determined by subtracting the accumulated depreciation from the original cost.
To view and edit linked accounts, you would typically access your accounting software or system. Within the software, you can navigate to the chart of accounts or general ledger, where you can locate the linked accounts. From there, you can view the account balances, transaction history, and make necessary edits, such as adjusting entries or recording new transactions.
If the linked accounts change, it will impact the financial statements and related account balances. Any modifications to linked accounts will result in corresponding changes in their paired accounts. For example, if there is an adjustment to the Accumulated Depreciation account, it will affect the net book value of the related asset account. These changes will be reflected in the financial statements, such as the balance sheet or income statement, and will impact the overall financial position and results of the business. It is important to ensure that any changes made to linked accounts are accurately recorded and reflected in the financial statements to maintain the integrity of the accounting records.
To know more about contra visit
https://brainly.com/question/33188123
#SPJ11
Morag has a budget for two goods, good D and good E. She is spending all of her income on these two goods. Based on her current consumption, she gets 600 units of utility from the last unit of good D that she consumed and 1400 units of atility from the last unit of good E she consumed. The price of good D is $3 per unit. If we know that Morag is maximizing her utility and behaving optimally, what must the price of good E be? Incorrect Suppose the price of good D doubles in price. Assume that Morag has decreasing marginal utility for both goods. Which of the following best describes Morag's best response to the price change? Maintain the same level of consumption of good D and decrease her consumption of good E. Decrease her consumption of both goods. Increase her consumption of both goods. Reduce her consumption of good D and increase her consumption of good E. Reduce her consumption of good E and increase her consumption of good D. Maintain the same level of consumption of good D and decrease her consumption of good E. Maintain the same consumption level of both goods.
The price of good E must be $2 per unit in order for Morag to maximize her utility. Explanation: Morag is maximizing her utility, which means she allocates her budget in a way that maximizes her satisfaction.
The principle of marginal utility states that a consumer should allocate their budget in a way that the marginal utility per dollar spent is equal for all goods. Since the price of good D is $3 and the marginal utility of the last unit consumed is 600, the marginal utility per dollar spent on good D is 600/3 = 200. In order to achieve the same marginal utility per dollar spent on good E, the price of good E should be 200 * 1 = $2 per unit.
Morag is maximizing her utility by allocating her budget in a way that maximizes her satisfaction. To achieve this, she should spend her money in such a way that the marginal utility per dollar spent is equal for all goods. The marginal utility of the last unit consumed for good D is 600, and the price is $3 per unit. Therefore, the marginal utility per dollar spent on good D is 600/3 = 200. In order to maintain the same marginal utility per dollar spent on good E, which is currently 1400, the price of good E needs to be 1400/200 = $2 per unit. This adjustment ensures that Morag is making the most optimal consumption choices given the change in price.
learn more about budget here:
https://brainly.com/question/31952035
#SPJ11
You are scheduled to receive $10,000 in three years. When you receive it, you will invest it for six more years at 5.5 percent per year. How much will you have in nine years? (hint: draw a timeline) Multiple Choice $16,190.94 $19.187.82 $13,788.43 $18,341.98 $21,066.45
Using the given information, we can calculate the amount you will have in nine years by following these steps:
1. Calculate the future value of receiving $10,000 in three years.
FV1 = $10,000 * (1 + 5.5%)^3 = $11,760.25
2. Calculate the future value of investing $11,760.25 for six more years at 5.5% per year.
FV2 = $11,760.25 * (1 + 5.5%)^6 = $15,190.94
Therefore, you will have approximately $15,190.94 in nine years.
The correct answer is $15,190.94.
To know more about future value , click;
brainly.com/question/30787954
#SPJ11
An Investor Deposits $450 In Her Savings Account Today, And Then 3 Years From Today, She Deposits $X. If The Interest Rate Is 4% And Her Account Has $679.45 Exactly 5 Years From Today, What Is X?
An investor deposits $450 in her savings account today, and then 3 years from today, she deposits $X. If the interest rate is 4% and her account has $679.45 exactly 5 years from today, what is X?
To solve this problem, we can use the concept of compound interest. The formula for compound interest is:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (initial deposit)
r = the annual interest rate (expressed as a decimal)
n = the number of times that interest is compounded per year
t = the number of years
In this case, the initial deposit is $450, and the interest rate is 4% (or 0.04). The account has $679.45 after 5 years.
Let's break down the problem step by step:
Calculate the amount after 3 years:
P1 = $450
r = 0.04
n = 1 (assuming interest is compounded annually)
t = 3
A1 = P1(1 + r/n)^(nt)
A1 = $450(1 + 0.04/1)^(1*3)
A1 = $450(1 + 0.04)^3
A1 = $450(1.04)^3
A1 = $450(1.124864)
A1 ≈ $505.19
Calculate the amount after 5 years:
P2 = A1 (amount after 3 years) + X (amount deposited after 3 years)
r = 0.04
n = 1 (assuming interest is compounded annually)
t = 2 (5 years total - 3 years already accounted for)
A2 = P2(1 + r/n)^(nt)
$679.45 = ($505.19 + X)(1 + 0.04/1)^(1*2)
$679.45 = ($505.19 + X)(1.04)^2
$679.45 = ($505.19 + X)(1.0816)
$679.45 ≈ $546.23 + 1.0816X
Subtract $546.23 from both sides:
$679.45 - $546.23 ≈ 1.0816X
$133.22 ≈ 1.0816X
Divide both sides by 1.0816:
X ≈ $123.14
Therefore, the value of X is approximately $123.14.
To know more about simple interest please click :-
brainly.com/question/30964674
#SPJ11
When considering the healthcare policy process phases and related activities, how are these environmental factors instrumental in making changes happen or stalling progress towards change? 1. situational factors 2. structural factors 3. cultural factors 4. international factors Please submit at least one page explaining your answer and include a minimum of one outside reference.
When it comes to the healthcare policy process, environmental factors play a crucial role in shaping the progress and outcomes of policy changes. These factors include situational factors, structural factors, cultural factors, and international factors.
Each of these factors influences the healthcare policy process in distinct ways, either facilitating or hindering change. This essay will explore the impact of these environmental factors and their significance in driving or stalling progress towards change.
Situational factors refer to the specific circumstances and conditions that exist within a given healthcare system or society. These factors include economic conditions, public health crises, demographic shifts, and technological advancements. Situational factors can act as catalysts for change by creating a sense of urgency and highlighting the need for policy adjustments. For example, a rapidly aging population and increasing healthcare costs may prompt policymakers to address issues related to long-term care and healthcare financing. On the other hand, if these situational factors are not properly acknowledged or understood, they can hinder progress by creating resistance to change or maintaining the status quo.
Structural factors encompass the institutional arrangements, organizational structures, and power dynamics within the healthcare system. These factors influence the decision-making processes, allocation of resources, and distribution of authority. The presence of strong and coordinated healthcare organizations, effective governance structures, and supportive legal frameworks can facilitate policy changes. Conversely, fragmented systems, bureaucratic inefficiencies, and conflicting interests among stakeholders can impede progress and slow down the policy process.
Cultural factors encompass the values, beliefs, norms, and attitudes prevalent within a society or specific healthcare context. These factors shape the way healthcare policies are perceived, received, and implemented. Cultural factors can either create receptivity and support for change or generate resistance and skepticism. For instance, cultural attitudes towards individual responsibility, privacy, and government intervention can significantly impact the acceptance or rejection of policy proposals. Understanding and addressing cultural factors are essential to effectively engage stakeholders and ensure policy changes align with societal values.
International factors pertain to the global context and external influences on healthcare policy. In an interconnected world, healthcare systems and policies are increasingly influenced by international agreements, global health challenges, and cross-border collaborations. International factors can provide opportunities for knowledge sharing, best practice adoption, and policy learning. Conversely, conflicting international priorities, trade agreements, or geopolitical tensions can create barriers and hinder the progress of healthcare policy changes.
In conclusion, situational, structural, cultural, and international factors all play integral roles in shaping the healthcare policy process. These factors can either facilitate or impede progress towards change. Policymakers and stakeholders need to recognize the significance of these environmental factors, consider their influence, and strategically navigate them to achieve meaningful and effective healthcare policy reforms.
Learn more about policy from
https://brainly.com/question/26055567
#SPJ11
Suppose that Carla Vista issued a five-year interest-bearing note payable for $345000 on January 1,2024 . Each January the company is required to pay $69000 on the note. How will this note be reported on the December 31,2025 balance sheet? Long-term debt, $276000 Long-term debt, $207000; Long-term Debt due within one year, $69000 Long-term debt of $276000; Long-term Debt due within one year, $69000 Long-term debt, $345000
On the December 31, 2025 balance sheet, Carla Vista will report the note as Long-term debt of $276,000 and Long-term Debt due within one year of $69,000. This classification reflects the portion of the note that is payable beyond one year and the portion that is due within one year.
The note payable was issued on January 1, 2024, for $345,000 with a term of five years. Each January, Carla Vista is required to pay $69,000 on the note. Since the note was issued on January 1, 2024, and the balance sheet date is December 31, 2025, there will be two remaining payments due within one year. The long-term debt portion on the balance sheet will include the remaining principal balance of the note that is payable beyond one year, which is $276,000 ($345,000 - $69,000 - $69,000). This represents the amount that is not due within the next year.
Additionally, the long-term debt due within one year will include the two remaining payments of $69,000 each, totaling $69,000. This reflects the portion of the note that is due within the next year. Therefore, the correct reporting of the note on the December 31, 2025 balance sheet would be as follows: Long-term debt of $276,000 and Long-term Debt due within one year of $69,000.
Learn more about debt here
https://brainly.com/question/32103869
#SPJ11
Case Study of McDonalds: Strategy
Formulation in a Declining Business
McDonald's is one of the world's leading fast-food chains. Their services are provided in almost 119 countries around the world. This case study will evaluate McDonald's growth and share insights into strategy formulation and strategy execution for a declining business.
Reimagining store designs:McDonald's reimagines its store designs and introduced a more modern look with the implementation of digital kiosks, table service, and mobile order and payment.ConclusionMcDonald's has consistently formulated strategies to remain competitive and stay ahead of its competition. With the current market conditions, it's essential to have a well-executed strategy to achieve business success.
McDonald's has used various strategies to remain profitable, including product innovation, using social media, and extending breakfast hours. Additionally, the company has used its vast network of franchises to grow the business worldwide.
To know more about services visit:
https://brainly.com/question/30418810
#SPJ11
This week we will be discussing capitalization decisions The new entrepreneur when starting a business must make decisions for the capitalization of his new company.
1) In your opinion, should it be built with 100% equity, or should it be built with investments from other sources? Cite two advantages and two disadvantages, and what is your personal preference?
2) Suppose you are starting a business for the first time. What do you think would be the biggest personal obstacles to getting funding for the new company? Why? Explain.
3) What advice would you give to an entrepreneur trying to finance a new business?
Capitalization decisions refer to the process of raising money for a business by issuing debt, equity, or a combination of the two. When starting a business, an entrepreneur has to decide whether to build the business with 100% equity or to accept investments from other sources.
Advantages of building a business with investments from other sources
Reduced financial risk: When an entrepreneur raises capital through investments from other sources, it reduces the financial risk they face if the business fails.
Disadvantages of building a business with investments from other sources
Loss of control: When entrepreneurs raise capital through investments from other sources, they may have to give up some control of their business.
It is also important to be prepared to give up some control of the business and to be able to handle the pressure to perform that comes with raising capital from investors. Finally, entrepreneurs should be patient and persistent in their efforts to raise capital because it can take time to find the right investors.
To know more about equity visit:
https://brainly.com/question/31458166
#SPJ11
If you deposit $9,000 in a bankaccount that poys 9% interest annually, how mueh will be in your account after 5 years? Do not found intermediate calculatiens. Roune your answer to the nearest cent, 3
The amount in your account after 5 years can be calculated using the formula for compound interest. Given that you deposit $9,000 and the interest rate is 9% annually, we can calculate the future value as follows:
Future Value = Principal × (1 + Interest Rate)^Number of Periods Substituting the values, we have: Future Value = $9,000 × (1 + 0.09)^5 Calculating this expression will give us the answer. Without rounding the intermediate calculations, we can use a calculator or a spreadsheet to evaluate the expression. Once we have the final result, we can round it to the nearest cent as specified. Please note that compound interest takes into account the compounding effect, where the interest is added to the principal each period, resulting in an exponential growth of the investment over time.
Learn more about interest here;
https://brainly.com/question/29028019
#SPJ11
The legal fiction of a corporation being treated as a
person under the law
The legal fiction of treating a corporation as a person under the law is a concept that grants certain rights and responsibilities to corporations as if they were individuals.
The legal fiction of treating a corporation as a person under the law is an established principle in many legal systems. It allows corporations to enjoy certain rights and protections similar to those granted to individuals. This fiction enables corporations to enter into contracts, sue or be sued, own property, and engage in legal proceedings. By treating a corporation as a person, it becomes a distinct legal entity separate from its shareholders and directors. This separation provides limited liability to shareholders, protecting their personal assets in case of corporate debts or legal issues.
Additionally, recognizing corporations as legal persons allows them to exercise constitutional rights, such as freedom of speech, protection against unreasonable search and seizure, and due process. However, it is important to note that while corporations are afforded personhood in certain legal contexts, they still differ from natural persons as they lack emotions, conscience, and the ability to be incarcerated or vote.
To know more about legal fiction here
https://brainly.com/question/31889637
#SPJ11
