according to free-market economist friedman, what is the only social responsibility of a business? multiple choice question. environmental sustainability being a good global citizen making profits corporate philanthropy
Answers
The correct answer is B. Making profits. This is the view of Milton Friedman, one of the most influential free-market economists of the 20th century.
He maintained that a company's primary social obligation is to maximise profits while abiding by the laws of the market.
He argued that the only way for a business to ensure its long-term viability and success is to focus exclusively on making profits and not to become involved in activities that do not directly contribute to that goal.
He argued that any attempts to use corporate resources for social causes or to pursue philanthropic activities amount to diverting resources from the primary goal of profit-making. He claimed that it is not the responsibility of businesses to become actively involved in social causes or to “solve social problems”.
He argued that businesses should be able to act in the interests of their shareholders without interference from external forces.
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Related Questions
in-n-out burger acquires an independently owned chicken fast food chain. this is an example of .
Answers
The acquisition of an independently owned chicken fast food chain by In-N-Out Burger is an example of horizontal integration.
Horizontal integration is a growth strategy where a company acquires or merges with another company that operates in the same industry and at the same level of the supply chain. In this case, In-N-Out Burger is a fast-food chain that primarily sells burgers and fries, while the independently owned chicken fast food chain also operates in the fast-food industry. By acquiring the chicken fast food chain, In-N-Out Burger is expanding its product offerings and potentially increasing its market share in the fast-food industry. This type of integration can create economies of scale and synergies that can increase efficiency and profitability for the merged company. Horizontal integration can also create challenges, such as antitrust concerns, integration difficulties, and cultural clashes between the merged companies. Therefore, it is crucial to carefully consider the potential benefits and drawbacks of horizontal integration before pursuing such a strategy.
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can a 14 year old work? where?
Answers
Answer:
Yes!!
Explanation:
They can work at Chick-Fil-A!!
They can be a babysitter
wash cars
and more!
Assessment Questions
In What is Insurance
b Explain the following term in
Insure
premium
Answers
Explanation:
insurance is an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
premium an agreed payment for insurance
insure to protect something against unforseen risks like fire death etc.
Answer:
dch gang from BJP by v for Vendetta the intended recipient you are not the intended recipient you are not the intended recipient you are
what is the most common remedy for the failure to perform under the terms of a sales contract? a flat fee there are no remedies included in a sale contract the forfeiture of the buyer's deposit a percentage of the sales price awarded to the seller on top of the earnest money deposit
Answers
The most common remedy for the failure to perform under the terms of a sales contract is the forfeiture of the buyer's deposit.
This means that if the buyer fails to fulfill their obligations as per the contract, they may lose their deposit, which serves as compensation to the seller for the breach of contract.In some cases, a percentage of the sales price may also be awarded to the seller on top of the earnest money deposit, but this is not as common as the forfeiture of the deposit. It is important to note that remedies for failure to perform can vary depending on the specific terms outlined in the sales contract.
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Discuss the advantages and disadvantages of unsupervised and
supervised opinion mining approaches also including scalability
issues.
Answers
Unsupervised opinion mining allows for flexibility and doesn't require labeled data, but lacks accuracy. Supervised approaches provide higher accuracy but require labeled data. Scalability can be challenging due to the need for large labeled datasets.
Unsupervised opinion mining approaches have advantages in terms of flexibility since they don't require labeled data for training. They can discover patterns and sentiments in text without prior knowledge. However, unsupervised approaches often lack accuracy and may struggle with accurately classifying nuanced opinions.Supervised opinion mining, on the other hand, offers higher accuracy as it utilizes labeled data for training. It can handle fine-grained sentiment analysis and provide more precise results. However, obtaining labeled data can be time-consuming and expensive.
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Which of these is a major advantage of a market economy?
Select one:
1.There is efficient government control of production and
distribution.
2.It can change direction rapidly when needed as markets change.
3.People are likely to be offered goods and services they can't
afford.
4.There is a high degree of individual freedom.
Answers
These is a major advantage of a market economy is it can change direction rapidly when needed as markets change. Thus second option is correct.
What is Market Economy?Market Economy refers to the economy in which the prices of the goods and services are determined by the two market forces that are supply and demand.
There is a less control of the government in the market economy and therefore all the decisions are taken by the private individuals. Thus option 1st is incorrect.
The Prices of the goods and services are determined by the supply and demand forces and the prices are kept as per the affordability of the customers. Thus option 3rd is also incorrect.
Therefore the correct option is 2nd one as the market changes the price of the good and services are also effected and get changed.
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Which of the following best describes a stock.
A) An incredibly stable investment that is always a safe investment
B) Is insured by the FDIC
C) Represents a share of ownership of a corporation
D) Only sold in the United States
Answers
Answer: C
Explanation: A stock represents a share of ownership of a corporation. Stocks are bought by people so they can get money. If the company's stock they by it from goes well, they get money as well as interest. The answer is C. Hope this helps!
please help me i reallu need your help
Answers
Explanation:
Answer:
what's the question??
..................._.....................
Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
Answers
A. Asset
Explanation:
-asset is a useful or valuable thing
Energy-efficient jobs are growing! One job includes being a conservation scientist, which is part of the STEM job cluster. What is the best definition for a conservation scientist?
Answers
Answer: manage improve, and protect natural resources to maximize their use without damaging the environment.
Explanation:
hope its right
When people are in debt, it means there is no income
True or false?
Answers
larry is buying a new home and he makes an offer that's quite a bit under list price. the seller, fearing she might lose this buyer, agrees to larry's offer. in what type of market is this concern most valid?
Answers
In this scenario, the concern of the seller fearing to lose the buyer is most valid in a buyer's market. In a buyer's market, there are more homes for sale than there are buyers, giving buyers an advantage in negotiating lower prices or better terms.
The concern of the seller losing the buyer is most valid in a buyer's market. In a buyer's market, there is an excess of homes for sale, and the supply is greater than the demand. This gives buyers more negotiating power and allows them to make offers below the list price, which could result in the seller losing potential buyers. Therefore, in a buyer's market, the seller may be more willing to accept lower offers to avoid losing potential buyers.
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an individual who scores high on holland's _____ dimension enjoys working with people in order to persuade, lead, or manage them to reach organizational goals.
Answers
It should be noted that scoring high on holland's model influence how people lead and manage things.
What is holland's model?The holland's model explain how people lead and manage things around them, it explains that been a leader is inbuilt.
Therefore, individual who scores high on holland's model dimension enjoys working with people.
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the mass of a substance, which follows a continuous exponential growth model, is being studied in a lab. the doubling time for this substance was observed to be hours. there were of the substance present at the beginning of the study.
Answers
The mass of a substance that follows a continuous exponential growth model can be calculated using the formula: mass = initial mass * (2^(time/doubling time)).
Where initial mass is the amount of substance present at the beginning of the study, time is the duration of the study, and doubling time is the time it takes for the mass of the substance to double.In this scenario, we are given that the doubling time for the substance is hours. This means that it takes hours for the mass of the substance to double. Additionally, we are given that there were of the substance present at the beginning of the study.
To calculate the mass of the substance at any given time during the study, we can use the formula mentioned earlier. Let's say the duration of the study is t hours.Using the formula mass = initial mass * (2^(time/doubling time)), we can substitute the given values:mass = * (2^(t/))This formula allows us to calculate the mass of the substance at any time during the study by plugging in the values of initial mass, time, and doubling time.
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Do I have any college students on here willing to help me with a project? It's for my personal finance class. I'm in college but I'm a high schooler. I have to make a report on what the average college student spends. I will not be asking for bank card/account info or anything of that sort. No social security numbers or phone numbers. If you'd be willing to help me out thanks!!
Answers
Explanation: I'm a VERY smart 7th grader. : )
Answer:
i'm not in college but i can help you if you need help
Explanation:
Determining Cost of Goods Sold For a recent year, Best Buy (BBY) reported sales of $39,528 million. Its gross profit was $9,191 million. What was the amount of Best Buy's cost of goods sold
Answers
Answer:
30,337 million
Explanation:
sales-cost of goods sold = gross profit
(in millions)
(x= COGS)
39528-x=9191
x=30,337
Generally, it is a sound business practice to take advantage of cash discounts. the money saved by paying invoices promptly is free to be used elsewhere. conversely, there is an implicit (opportunity) cost of foregoing a cash discount. by forgoing a cash discount, the small business owner is, in effect, paying an annual interest rate to retain the use of the discounted amount for the remainder of the credit period.
For example, assume that Jill anticipates she will receive invoices for $500 from the vendors offering cash discounts of 3/10, net 45.
a) how much will Jill save by paying within the discount period?
b) what will it cost Jill to retain the use of credit for 45 days?
c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?
Answers
Answer: a. $485
b. $15
c. 32.28%
Explanation:
a. how much will Jill save by paying within the discount period?
3% × $500 = 3/100 × $500 = 0.03 × $500 = $15
The amount saved will be:
= $500 - $15.
= $485
b) what will it cost Jill to retain the use of credit for 45 days?
This will be:
= 3% × $500
= 3/100 × $500
= 0.03 × $500
= $15
c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?
c) The annual interest will be calculated using:
= P x R x T
where,
I = interest = $15
P = principal = $485
R= rate of interest = Unknown
T= time factor = 15/365 = 0.0958
Then, annual Interest rate will be:
R = 15/ (485 x 0.0958)
R = 32.28%
Annual Interest rate is 32.28%
Which of the following demonstrates responsibility?
a nurse who gets along well with his coworkers
a manager who makes customers happy by keeping a positive attitude
a technician who knows how to operate a machine
a doctor who stays late to get her work done on time
Answers
Answer:It's D a doctor who stays late to get her work done on time
Explanation:
In a period of rising inventory costs, the lowest taxable income is most likely reported by a company that is using which of the following inventory methods?a.LIFOb.Specific Identificationc.FIFOd.Average Cost
Answers
In a period of rising inventory costs, the lowest taxable income is most likely reported by a company that is using LIFO, option A.
A method of accounting for inventory known as "last in, first out" (LIFO) indicates that the most recently produced items were sold first. The lower cost of older products will be reported as inventory under LIFO, as the cost of the most recent products purchased (or produced) is the first to be expensed as cost of goods sold (COGS).
First in, first out (FIFO), in which the oldest inventory items are recorded as sold first, and the average cost method, in which the weighted average of all units available for sale during the accounting period is used to determine COGS and ending inventory, are two alternative methods of inventory-costing.
Every gadget has similar deals cost, so income is something very similar, yet the expense of the gadgets depends on the stock technique chose. The last inventory that is in is the first inventory that is sold using the LIFO method. This indicates that the $200 widgets sold first. The organization then sold two a greater amount of the $100 gadgets. Altogether, the expense of the gadgets under the LIFO technique is $1,200, or five at $200 and two at $100. In contrast, according to FIFO, the widgets priced at $100 are sold first, followed by those priced at $200. Therefore, the selling price of the widgets will be recorded as $900, or $100 for five and $200 for two.
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3. Which of the following is consistent with the basic economic postulate that incentives
matter?
Consumers buy fewer cars when the price of cars rises.
a.
b. Farmers produce less corn when corn prices decline.
C. A politician votes for a subsidy when it is in the best interest of a special interest group
within his district even if it might harm other voters.
d. All of the above.
Answers
All of the given option are consistent with the basic economic postulate that incentives matter.So, option (d) is correct answer.
What is economic incentives?Economic incentives are financial perks offered to individuals to change their patterns of consumption and output in an economy. Most often, economic incentives are used to alter people's behavior such that desired results appear naturally.
Economics as a whole is based on the straightforward tenet that shifts in incentives have predictable effects on how people behave. Incentives are influenced by both monetary and non-monetary factors.
People will be less inclined to select something if it becomes more expensive. In turn, consumers will be more inclined to select an alternative as the benefits associated with it grow. This straightforward notion, often known as the basic postulate of economics, is an effective tool because it pertains to practically everything we do. Less people will select an option as it grows more expensive.
So, above postulate is satisfied by all options given to us.
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Which is true? Group of answer choices Persistence is an excellent quality for service desk analysts as it allows them to find permanent solutions and eliminate incidents. By analyzing trends and eliminating root causes of problems, analysts can help reduce the number of incidents. Problem solving is an innate skill but it is a skill that can be improved with practice. All of the above.
Answers
Answer: All the above is true
Explanation:
Persistence is an excellent quality for service desk analysts as it allows them to find permanent solutions and eliminate incidents; Persistence is needed because of patience and courageous determination of the individual to see a task through.
By analyzing trends and eliminating root causes of problems, analysts can help reduce the number of incidents; analysis ensures that there is an easy way to do something or carry out an event better that the previous time.
Problem solving is an innate skill but it is a skill that can be improved with practice; Problem solving is natural but becomes more realistic when you're solving problems.
Beth needs to multiply the values of two cells in her worksheet. What should she enter into the formula bar?
=CD/D4
=CD+D4
=CD*D4
=(CD)(D4)
Answers
Answer:
C4*D4
must be the correct one but its not mentioned there
Answer:
I would say =(CD)(D4) it makes the most sense
Explanation:
Juan wants to start a lemonade stand to earn money. he needs money to purchase the materials before he can sell the lemonade and earn money. his mother agrees to loan him $10. he makes a list of the items he wants to buy. how much money do the supplies cost? how much money does he have to spend?
Answers
Juan needs to spend $3 from his pocket to start the lemonade stand to earn money.
To start the lemonade stand, Juan needs to purchase materials before selling his product and earning money. For this he needs money. His mother agreed to give him $10 as a loan to start a lemonade stand. To purchase the required item, he made a list of items to buy:
Cups $2Lemon $8Sugar $3Add all the supply item prices to know how much money he required.
So
Price of cups + price of Lemon + Price of sugar
=$2 + $8 + $3 = $13.
He needs $13 to start the lemonade stand.
But his mother give him $10 as a loan, now the required money is
$13-$10=$3.
Juan needs to invest $3 from his pocket to start the lemonade stand and earn money.
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Suppose the government is finding it difficult to persuade citizens to take global warming seriously. Suppose they have already tried conventional policies suggested by economists such as taxing carbon goods but people's behaviour has not changed very much. The government asks you for advice on how behavioural economics might help to persuade people to take global warming seriously. What concepts from behavioural economics do you think would be especially helpful? Explain why you think they would be helpful.
Answers
The concepts from behavioral economics that would be helpful in persuading people to take global warming seriously are social norms, defaults, and nudges.
What is behavioral economics?Behavioral economics refers to the combination of economics and psychology to understand the behavior of people. It examines the economic behavior of individuals, taking into account psychological and cognitive biases that may affect economic decision-making. Behavioral economics can be utilized to improve traditional economic models by incorporating real-world human behavior and providing more realistic economic predictions.
Concepts from behavioral economics that might be helpful to persuade people to take global warming seriously Social norms: Social norms refer to the unwritten rules and standards of conduct that govern social behavior. They have the power to influence people's behavior.
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A state licensing fee on sales of medical devices causes the supply curve for one type of device to shift from S1 (without the fee) to S2 (with the fee). The fee is based on number of units sold and therefore works like a per-item tax paid by sellers. Use the area tool to draw the area representing the state's monthly revenue from the licensing fee for this one type of device.
Answers
Answer: hello your question is incomplete attached below is the complete question
answer ; Government revenue from tax = $750,000 per month
Explanation:
Attached below is the required graph
Government revenue from tax ( per month )
= ( 450 - 30 ) ( 50 - 0 )
= $750,000 per month
Does Caroline have any closed accounts? How long does a closed account stay on a person’s credit report?
Answers
Answer:
add yxlhjtxhlxitfitgysouiyfisiyghxjlx iehjjjgjHZ
Explanation:
kydyhshlxluludlidlharuskydykstkdulkSltsluskydhkSORRY FOR THIS
During a certain six-year period, the consumer price index (CPI) increased by 35%, but during the next six-year period, it increased by only 10%. Which of these conditions must have existed during the second six-year period?
A. Inflation
B. Depression
C. Deflation
D. Recession
I'll pu the person who answers this brainliest
Answers
Answer:
A. Inflation
Explanation:
CPI is an abbreviation for the consumer price index. The CPI is a measure of the average changes in the prices of consumer goods and services in the economy. The CPI index measures changes in prices of products that represent the general consumption in the economy. Economists use the CPI index to ascertain the rate of inflation.
Inflation is described as the increase in prices of goods and services in the economy in a period. If prices in the economy are increasing at a high rate, the CPI index will be high. A high CPI index indicates the inflation rate is high.
Laurel, Inc., has debt outstanding with a coupon rate of 5.9% and a yield to maturity of 7.2%. Its tax rate is 38%. What is Laurel's effective after-tax) cost of debt? NOTE: Assume that the debt has annual coupons. Note: Assume that the firm will always be able to utilize its full interest tax shield. The effective after-tax cost of debt is %. (Round to four decimal places.)
Answers
The effective after-tax cost of debt for Laurel, Inc. is approximately 0.0446, or 4.46%.
To calculate the effective after-tax cost of debt for Laurel, Inc., we need to take into account the tax shield provided by the interest expense.
The formula to calculate the effective after-tax cost of debt is:
Effective After-Tax Cost of Debt = Yield to Maturity × (1 - Tax Rate)
In this case, the yield to maturity is 7.2% and the tax rate is 38%. Let's plug in these values:
Effective After-Tax Cost of Debt = 0.072 × (1 - 0.38) = 0.072 × 0.62 = 0.04464
Rounding to four decimal places, the effective after-tax cost of debt for Laurel, Inc. is approximately 0.0446, or 4.46%.
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Consider that you work in the healthcare marketing department of a major healthcare organization. The organization's chief marketing officer has asked you to conduct market research on patient service satisfaction. You have been instructed to create and administer a patient satisfaction survey. With this in mind, consider the questions you might ask patients, how you will administer the survey, and the challenges during data collection. Part I: Design a 15-question patient satisfaction survey, questions should be closed-ended. Part II: Then, address the following: Why did you write the particular questions that you wrote? How do you plan to administer the survey?
Answers
Part I: Designing a 15-question patient satisfaction survey involves creating closed-ended questions to gather specific feedback.
Part II: The questions are designed to gain insights into specific areas of the patient experience and identify areas for improvement.
Part I: The patient satisfaction survey should cover key aspects of the patient experience. Sample questions may include rating the courtesy of staff, satisfaction with communication and information provided, perceptions of wait times, cleanliness of facilities, ease of scheduling appointments, and overall satisfaction with the quality of care received. These closed-ended questions allow for quantifiable responses and ease of data analysis.
Part II: The questions are formulated to target specific areas of interest and measure patient satisfaction. By gathering feedback on various aspects of the patient experience, the organization can identify strengths and weaknesses to guide improvement efforts. The survey can be administered through different methods, depending on the organization's resources and patient population. Online surveys can be sent via email or hosted on the organization's website. Mailed questionnaires can be sent to patients' homes, and in-person interviews can be conducted at the healthcare facility. Ensuring confidentiality and anonymity is crucial to encourage honest and unbiased responses.
Challenges during data collection may include low response rates, as patients may not always participate in surveys voluntarily. Efforts should be made to maximize response rates through reminders and incentives. Bias in responses can also be a concern, as patients with extremely positive or negative experiences may be more inclined to respond. To mitigate this, including a mix of positive and negative questions can help capture a balanced perspective. Ensuring the confidentiality and anonymity of respondents' data is essential to foster trust and encourage honest feedback.
Overall, designing a patient satisfaction survey with closed-ended questions allows for systematic data collection and analysis. Administering the survey through various methods and addressing challenges during data collection helps ensure the reliability and validity of the feedback obtained, enabling the organization to make informed decisions and improve patient service satisfaction.
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Which of the following is NOT necessary in a catering contract?
O insurance clause
O cancellation clause
O refunds and all fees
staffing and costs of staff
Answers
A Catering Contract is a service agreement between a caterer and a customer that outlines the terms of a catering service occurring over a certain time period for one or more occasions.
What should be included in a catering contract?A Catering Contract is a service agreement between a caterer and a customer that outlines the terms of a catering service occurring over a certain time period for one or more occasions. The catering contract should include normal contract terms and conditions, in addition to the menu and service-related topics, such as:
Contract fundamentalsLast day for any modificationsInsuranceRequirements for health and safetyPolicy on CancellationTo learn more about contracts, click
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