According to utilitarianism, one assesses the morality of an action by considering its overall consequences, specifically the extent to which it maximizes utility or happiness for the greatest number of people.
This ethical theory, primarily associated with philosophers Jeremy Bentham and John Stuart Mill, focuses on maximizing overall well-being and minimizing pain or suffering. To assess an action's morality, a utilitarian first identifies the possible outcomes and evaluates the resulting levels of happiness or unhappiness each would generate. The moral value of the action is determined by the net utility, which is calculated by subtracting the total pain or negative consequences from the total pleasure or positive consequences.
In utilitarianism, an action is morally right if it leads to the greatest overall happiness for most people. Actions that produce less overall happiness, or cause unnecessary suffering, are considered morally wrong. This approach requires impartiality, as one must consider the well-being of all affected parties, rather than favoring a particular individual or group.
However, utilitarianism does not provide clear guidance on how to weigh competing interests or how to measure happiness. Additionally, critics argue that it can justify morally questionable actions if they lead to greater overall happiness. Despite these challenges, utilitarianism remains a significant ethical framework for assessing the morality of actions based on their consequences and their impact on overall well-being.
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Eddie sells furniture and earns 12% commission. This week he sold a couch for $1234, a bedroom suite for $1789, and a chair for $563. (4 pts.)
Complete question :
Eddie sells furniture and earns 12% commission. This week he sold a couch for $1234, a bedroom suite for $1789, and a chair for $563. Calculate Eddie's commission.
Answer:
$717.20
Explanation:
Given that :
Percentage commission earned on sale = 12%
Cost of items sold this week:
Couch = $1234
Bedroom suite = $1789
Chair = $563
Total cost of items :
($1234 + $1789 + $563) = $3586
Commission of 20% on sales :
20% of $3586
0.2 * $3586
= $717.20
Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
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NEED HELP, I WILL GIVE BRAINLIEST
Today I sold a new 80 inch television. The sale of this item is called________?
A. Unit of Sale
B. Asset
C. Cost of Goods Sold
Answer:
unit of sale
Explanation:
if u look up the definition of the word, unit of sale makes understand
Answer:
a.unit of sales
Explanation:
what statement best illustrates an example of economic specialist
Gidgits galore payment plan under Chapter 11 was rejected
The rejection of Gidgits Galore's payment plan under Chapter 11 signifies that the court found the proposed plan insufficient or unfair to creditors. The company must now revise and resubmit an improved plan or consider other options to address its financial challenges.
Gidgits Galore, a company specializing in selling gadgets, recently faced financial difficulties and sought protection under Chapter 11 of the United States Bankruptcy Code. This allows businesses to reorganize and restructure their debts, while continuing to operate under a court-approved plan. However, the proposed payment plan submitted by Gidgits Galore was rejected by the court. The rejection of Gidgits Galore's payment plan could be due to several reasons. First, the plan might have failed to meet the necessary requirements, such as providing equal treatment to all creditors or ensuring that the company could meet its obligations under the plan. Additionally, the plan might have lacked sufficient detail or provided inadequate information for the court to evaluate its feasibility. Furthermore, the proposed plan could have been deemed unfair to certain classes of creditors. Under Chapter 11, a payment plan must be fair, equitable, and in the best interests of all creditors involved. If the court determined that the plan did not meet these criteria, it would be rejected. It is important to note that the rejection of Gidgits Galore's payment plan does not necessarily mean the end of the company's restructuring efforts. The company may revise and resubmit a new plan that addresses the court's concerns, or explore other alternatives such as negotiating with its creditors or even converting its bankruptcy case to another chapter, such as Chapter 7 liquidation.
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Imagine you are a sales manager and need to tell an employee that his sales numbers have not been very good and he needs to improve them in the next month. Would email be a good choice for this intradepartmental communication? Why or why not?
Yes, email would be a good choice of telling an employee that his/her sales have not been good.
As just sending a simple email is easy, fast and efficient and it gets the word to that employee as quick as possible
Answer:
Yes, an email would be a good choice of communication. Because then you can alert him/her/them that their sales have not been good this month and have receipts that you gave them a warning.
Name and briefly describe the quantitative methods of control (ABM)
Mathematical and statistical techniques are the two main categories of quantitative management methods.
What is quantitative management?Computers and mathematical methods are used in quantitative management to sort through financial statistics and choose stocks. Managers use previous quantitative linkages they have observed to inform "models" that aid in stock selection.
Screening is the process of examining historical information on businesses using a computer. A quantitative manager may develop a program to screen 2,000 stocks based on a specific set of traits or criteria.
The manager might prove, for instance, that historically, stocks with low price-to-earnings ratios and rapid earnings growth during the previous two years outperformed the market the following year.
The simplicity of using a model once it is established is the obvious advantage. Given the constantly shifting landscape of the financial markets, developing the model is the challenging aspect.
It might be challenging to incorporate enough adaptability into a model in quantitative management without adding too many additional variables.
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can pottery be a job?? what would i major in for that…
Answer:
Yes, pottery can be a job. You would need a degree in ceramics to get a lasting job in pottery
Explanation:
Week 3: Systems Analysis How might IS change a manager's job?
Please explain Why is the discussion of decision rights among
managers in a firm important? Please explain
IS (Information Systems) can significantly change a manager's job by automating routine tasks, providing real-time data and analytics, improving communication and collaboration, and enhancing decision-making capabilities.
Why should managers in a firm discuss decision rights?Discussing decision rights among managers in a firm is crucial because it helps establish clarity, accountability, and efficiency in decision-making processes. It ensures that decisions are made by the right individuals or teams with the appropriate expertise and authority. By defining decision rights, managers can avoid conflicts, reduce duplication of efforts, and streamline operations. This discussion also facilitates effective coordination and alignment across departments or functions, enabling the organization to make timely and well-informed decisions. Overall, clarifying decision rights promotes organizational effectiveness and enhances managerial effectiveness.
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A 9-year project is expected to generate annual sales of 10,300 units at a price of $90 per unit and a variable cost of $61 per unit. The equipment necessary for the project will cost $429,000 and will be depreciated on a straight-line basis over the life of the project. Fixed costs are $260,000 per year and the tax rate is 40 percent. How sensitive is the operating cash flow to a $1 change in the per unit sales price?
O $6,180
O $5,562
O $4.802
O $4,548
O $5,055
The sensitivity of the operating cash flow to a $1 change in the per unit sales price is $299,700.
To determine the sensitivity of the operating cash flow to a $1 change in the per unit sales price, we need to calculate the contribution margin per unit and then multiply it by the change in sales volume.
The contribution margin per unit is the difference between the sales price and the variable cost per unit, which in this case is $90 - $61 = $29.
The change in sales volume is equal to the total sales volume, which is 10,300 units.
Multiplying the contribution margin per unit ($29) by the change in sales volume (10,300 units), we get $299,700. This means that for every $1 change in the per unit sales price, the operating cash flow will change by $299,700.
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In what areas do federal agencies regulate to ensure safety and the general
wellness of US citizens?
a. Businesses
b. Environment
c. Products
d. All of the above
Answer:
d. All of the above
Explanation:
Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.
The areas of regulations include but are not limited to
Protecting consumers from undue exploitation by businesses, Encourage fair business competition Promote a healthy, safe work environment for employees Promote and sustain a clean environmentPrivate data protection and securityScott Weisberg feels his job at Wendy’s includes all the following except
a) serving a senior leadership team member who makes strategy decisions.
b) serving as a manager of the human resources leadership team.
c) serving as a function leader who supports an agenda to assist franchisees and business partners in the company.
d) supervising the Board of Directors.
e) being a confidant to the CEO.
Scott Weisberg feels his job at Wendy’s includes all the following except Supervising the Board of Directors .
What is Scott Weisberg ?
Having worked in the medical industry for more than 27 years, Scott Weisberg, MD, is a Family Medicine Specialist in Birmingham, Alabama.
In 1996, he received his degree from ALBANY MEDICAL COLLEGE. His connection to Brookwood Baptist Medical Center is established. New clients and telehealth appointments are both accepted at his practice.
What function does the board of directors serve?
The board of directors' primary responsibilities include selecting the company's CEO or general manager and determining the company's overall strategy.
All other personnel must be hired by the CEO or general manager, who is also in charge of managing the company's daily operations.
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an imperfectly competitive industry subject to potential entry if prices or profits increase is known as a
An imperfectly competitive industry subject to potential entry if prices or profits increase is known as a contestable market.
A contestable market refers to an industry where firms have the ability to enter and exit the market relatively easily, even if there are existing dominant players. In a contestable market, barriers to entry and exit are low, allowing new firms to enter the industry and compete with existing firms. The key feature of a contestable market is the threat of potential entry if prices or profits increase beyond a certain level. Unlike in perfectly competitive markets, where firms have no market power and entry and exit are unrestricted, contestable markets may have a limited number of firms or even just one dominant firm. However, the presence of potential entrants keeps the existing firms on their toes and prevents them from charging excessively high prices or earning abnormally high profits. The threat of entry acts as a competitive force, ensuring that firms in the industry operate efficiently and provide competitive prices and quality to consumers.
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Describe how the Management, Entrepreneurship, & Technology Program in Engineering and Business at UC Berkeley will help you to achieve your goals. Share with us the world you come from (for example, your family, school, community, city, or town). What unique experiences from your world motivated you to apply to our program?
M.E.T. is a program designed for students who desire to work at the crossroads of engineering and business. It is a chance to get two Bachelors of Science degrees.
What is M.E.T.?M.E.T. is for those who want to tackle huge issues and have a solid foundation in math, physics, and the liberal arts. M.E.T. tests your intellectual curiosity as well as your can-do attitude. It is probably previously participated in honors college and advanced placement courses.
It makes the student understand what it takes to fight hard and succeed. M.E.T. takes it a step further by allowing you to put your skills to the test in real-world scenarios.
M.E.T. is a collection of incredibly hardworking and ambitious individuals that have joined forces with an outstanding business network. An individual wants to make something or join a business, and one of the things that drew me to the program was the opportunity to meet and learn from all of these outstanding entrepreneurs who have done precisely what an individual wants to accomplish.
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Expensing the cost of a wastebasket with an estimated useful life of 10 years when purchased is an example of the application of the
Expensing the cost of a wastebasket with an estimated useful life of 10 years when purchased is an example of the application of the **accounting principle of materiality**.
The principle of materiality in accounting states that financial information should be reported if its omission or misstatement could influence the economic decisions of users. When applying this principle, companies may choose to expense low-cost assets, such as the wastebasket, rather than capitalize them as assets.
In this case, the cost of the wastebasket is likely to be immaterial in relation to the overall financial statements. Therefore, the company can choose to expense the cost immediately instead of allocating it over the asset's useful life. By doing so, the company simplifies the accounting process and avoids the administrative burden of tracking and depreciating such minor assets.
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About how long is a true elevator pitch?
Answer:
It's about 30 seconds
Hope this helps
Explanation:
Five selected transactions for the current month are indicated by letters in the following T accounts in a job order cost accounting system.
Materials Work in Process
| (a) (a) | (d)
(b)
(c)
Wages Payable Finished Goods
| (b) (d) | (e)
Factory Overhead Cost of Goods Sold
(a) | (c) (e) |
(b)
Describe each of the five transcations
Based on the provided T-accounts, here is a description of each of the five transactions :Materials, Work in Process, Wages Payable, Finished Goods and Cost of Goods Sold
(a) - Materials: This transaction represents the purchase of materials for production. It could involve the acquisition of raw materials, components, or any other materials needed for manufacturing goods.
(b) - Work in Process: This transaction involves the transfer of materials from the Materials account to the Work in Process account. It signifies the usage of materials in the production process, where the raw materials are being transformed into partially completed goods.
(c) - Wages Payable: This transaction relates to the accrual of wages or salaries for the labor employed in the production process. The Wages Payable account is increased to record the amount owed to the workers for their services.
(d) - Finished Goods: This transaction signifies the completion of the manufacturing process for some of the products. The partially completed goods from the Work in Process account are transferred to the Finished Goods account, indicating that the products are ready for sale.
(e) - Cost of Goods Sold: This transaction represents the transfer of finished goods from the Finished Goods account to the Cost of Goods Sold account. It occurs when the completed goods are sold to customers, and their production costs are recognized as expenses.
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Price elasticity of demand for d1= -3. 60 yolanda
Demand is elastic at the midpoint of a linear demand curve. Four demand curves are shown in Figure 5.5, "Demand Curves with Constant Price Elasticities," where the price elasticity of demand is constant throughout. In Panel (a), the demand curve is vertical.
This implies that variations in price have no impact on the quantity sought. Equation 5.2's formula for the price elasticity of demand (% change in amount demanded) has zero as its numerator. In this situation, the demand curve is referred to as being perfectly inelastic since the price elasticity of demand is equal to zero. In essence, the minus sign is disregarded since it is anticipated that the connection between amount demanded and price will be negative (inverse).
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FILL IN THE BLANK. Electrical forces ____.
(static electricity)
a. can cause objects to only attract each other
b. can cause objects to only repel each other
c. can cause objects to attract or repel each other
d. have no effect on objects
Electrical forces can cause objects to attract or repel each other.
Option C is correct.
Electrical forces are one of the fundamental forces of nature that govern the behavior of electrically charged particles, such as protons and electrons. These forces arise due to the interaction between the electrically charged particles and are responsible for the attraction or repulsion of particles.
The strength of the electrical force is determined by the magnitude of the charge on the particles and the distance between them. Like charges (i.e., positive-positive or negative-negative) repel each other, while opposite charges (i.e., positive-negative) attract each other. The magnitude of the force decreases as the distance between the particles increases.
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Cost allocation of an intangible asset is referred to as.
Answer:
cost allocation of intangible assets is called amortization.
Explanation:
cost allocation of intangible assets is called amortization.
What type of communication provides powerful analytics that allow entrepreneurs to determine the effectiveness of their communication efforts?
O A. Interior communication
О в.
OC.
Nonverbal communication
Social media communication
D. Creativity communication
An appropriate choice is option (c). Business owners can use social media communication's robust analytics to assess the success of their communication efforts.
Social media communications are what?A communication method based on the internet is social media. Users can converse, share knowledge, and publish content online via social media platforms. Social media describes how individuals interact with one another through the creation, sharing, and/or exchange of knowledge and ideas in online groups and networks.
What constitutes effective corporate communication?Interaction between people is facilitated via communication. Entrepreneurs continually aim to enhance their communication skills because doing so will help them share and express their ideas clearly, as well as interact with their team, clients, and coworkers in a better way.
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Focus on compliance with accepted standards and guidelines is a description of which activity?
Compliance management is the process that focuses on adhering to approved norms and procedures.
It is a process of ensuring that an organization's operations, processes, and practices conform to the laws, regulations, and standards set by regulatory bodies and industry associations.
Compliance management involves identifying applicable standards, guidelines, and regulations, assessing the organization's compliance status, implementing necessary changes, and monitoring ongoing compliance. It is crucial for organizations to comply with accepted standards and guidelines to avoid legal, financial, and reputational risks.
Compliance management is particularly important in industries that are heavily regulated, such as healthcare, finance, and manufacturing. In healthcare, compliance management ensures that patient data is protected, and medical practices adhere to industry standards. In finance, compliance management ensures that financial institutions operate within the confines of regulations, such as anti-money laundering laws. In manufacturing, compliance management ensures that products meet safety standards and regulations.
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Supply of a product is likely to go down in which situation?
A. Businesses expect the product's price to rise.
B. New technology makes the product cheaper to produce.
C. Skilled workers join companies that make the product.
D. The government raises taxes on the product.
Question 6 of 10
3 Points
A body of the letter is composed of the:
Answer:
Introduction
The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).
Which is the most common type of precipitation?
Answer: Rain.
Explanation:
Bill Nye.
Answer: Rain
Explanation:
Which of the following are positive feedback mechanisms? Select all correct answers.
In a boom, asset prices rise, borrowers have more collateral, banks become more willing to lend to them, and spending increases further.
The boycotting of an oil-producing country causes a shortage of oil and a rise in oil prices. The quantity demanded falls as consumers switch to other fuels, causing the price to stabilise.
Serious road congestion causes travellers to switch to trains and subway, limiting the further increase in congestion.
Serious road congestion causes travellers to switch to trains and subway, limiting the further increase in congestion is an example of a negative feedback mechanism.
The positive feedback mechanisms are as follows: In a boom, asset prices rise, borrowers have more collateral, banks become more willing to lend to them, and spending increases further. Boycotting an oil-producing country causes a shortage of oil and a rise in oil prices, while consumers switch to other fuels, causing the price to stabilise.In a positive feedback mechanism, as the parameter increases, it causes further increases in the same direction. This means that a positive feedback mechanism is self-reinforcing. The following are all examples of positive feedback mechanisms:In a boom, asset prices rise, borrowers have more collateral, banks become more willing to lend to them, and spending increases further. Boycotting an oil-producing country causes a shortage of oil and a rise in oil prices, while consumers switch to other fuels, causing the price to stabilise. Serious road congestion causes travellers to switch to trains and subway, limiting the further increase in congestion is an example of a negative feedback mechanism.
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Peter works for HR Associates. He is asked to present a report on the importance of organizational commitment and explain how managers can increase employees' organizational commitment. Create an outline for Peter's presentation.
Peter can create: a comprehensive and informative presentation that effectively conveys the importance of organizational commitment and provides practical strategies for managers to increase employee commitment.
Peter's presentation on the importance of organizational commitment can be structured in the following outline:
I. Introduction
- Define what organizational commitment is and why it matters
- Provide statistics or research to support the importance of organizational commitment
- Discuss the three types of organizational commitment: affective, normative, and continuance
- Explain the differences between each type and how they impact employee behavior
- Identify the factors that affect an employee's level of organizational commitment, such as job satisfaction, leadership, and communication
- Provide examples and case studies to illustrate how these factors impact employee commitment
- Share specific strategies and techniques that managers can use to increase employee commitment, such as providing opportunities for growth and development, recognizing and rewarding employee contributions, and fostering a positive work culture
- Provide real-life examples of companies or managers who have successfully increased employee commitment through these strategies
- Summarize the main points of the presentation
- Emphasize the importance of organizational commitment for both employees and the organization as a whole
- Encourage managers to prioritize employee commitment in their leadership practices.
By following this outline, Peter can create a comprehensive and informative presentation that effectively conveys the importance of organizational commitment and provides practical strategies for managers to increase employee commitment.
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The highest-income quintile of the population receives 13 times as much income as the lowest-income quintile. However, the highest-income quintile only spends 4 times as much as the lowest-income quintile. Identify the possible reason or reasons for this stark difference between income inequality and consumption inequality. a. The richest quintile has the ability to save a larger percentage of its income. b. Individuals experiencing temporary fluctuations in their incomes are more likely to maintain moderate spending habits.c. Intergenerational mobility allows children to consume more than their parents. d. The poverty line does not reflect relative poverty.
The richest quintile has the ability to save a larger percentage of its income. Option A is true.
What income quintile signify?The highest income quintile is able to acquire wealth and invest it in assets like stocks, bonds, and real estate that produce more income because they can save a bigger percentage of their income. Because of this, their income grows faster than their spending. In contrast, those in the lowest income quintile are more likely to spend the majority of their income on basics like housing, food, and healthcare, leaving little money left over for savings or investments. The mismatch between income disparity and consumption inequality can also be influenced by other elements like credit availability, varying levels of education, and disparities in employment prospects.
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is a measurement of standard of living that includes education and
clean running water.
A. Financial wealth
B. Access to necessities
C. Income
D. Material wealth
Which post-secondary program requires minimal prerequisites?
Answer with Explanation:
It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:
Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.