As the number of multinational corporations continues to grow, we are experiencing a greater number of international ethical dilemmas. One very real concern has been the human rights abuses in sweatshops in exchange for cheap labor. Several retailers have now banded together to set ethical standards in foreign factories. Which statement summarizes the challenges of companies doing business in developing countries and the concerns of their customers

Answers

Answer 1

Answer:

Multinationals must subjectively determine the local living wage, which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.

Explanation:

A sweatshops may be defined as a factory or firm which violates some of the labor laws of the United States as stated by the US department of labor.

In these sweatshops, they provide unfair wages, the working conditions are very poor, proper labor laws are not followed extended working hours, exploitation of labor takes place.

This has been a real challenge the developing countries are facing. This can be improved as the multinational companies determines a higher local living wage than the legal wage in some of the developing countries. Even the customers of their products are coming forward and are willing to pay more for the products so that the working conditions of the sweatshops improves.


Related Questions

Isabelle just took on a new listing, in which the owner is selling because a new freeway is being built right behind the house. The owner is concerned about the noise and other activity the freeway will bring, but doesn't want prospective buyers to know this. Which action best demonstrates good faith in this scenario

Answers

Answer:

Isabell tells the owner that this is a material fact related to the property that must be disclose to prospective buyers or Isabell will not be taking the listing

Explanation:

Good faith means honest dealing. It needs honest trust, motive, trustworthy duties, fairness, etc

So as per the given situation isabell informs the owner that it is a material fact with respect to the property and the same should be disclosed to the buyers for not taking the listing

So as per the given situation, the above statement should be considered

It's very urgent
which of the following statements about corporation is true

1) they are more common then partnerships in the U.S.
2) they are the most inexpensive form of business to start.
3) they are very easy to start
4) all business debts are the personal responsibility of the owners

Answers

Answer: While not usual they can be held responsible for all business debts.

Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.

Scale efficiencies are the cost advantages that enterprises obtain as fixed costs are spread out over more units of output. But some companies sacrifice scale efficiencies for responsiveness to local conditions. In these companies, country managers understand local laws, customs, and tastes and can decide how to meet them and increase sales. This global strategy is called

Answers

Answer: multi-domestic strategy

Explanation:

A multi-domestic strategy refers to a strategy whereby a company responds to the local market by making and customizing their product in order to match the different national conditions.

The strategy enables the multinational's individual subsidiaries to be able to compete independently in the domestic markets. An example of a multidomestic company that uses the multidomestic strategy is Nestlé which utilizes its marketing approach for the markets where it operates as it tastes is based on the needs of the people in the country.

Products produced in a competitive market are
differentiated

unique

standardized and differentiated

standardized

Answers

Answer:

Standardized

Explanation:

Firms that are purely competitive provide a standardised (same or homogenous) product. Consumers will be unconcerned about whose vendor they acquire the goods from as long as the pricing is the same.

Monopolistically competitive companies make a typical profit in the long run since entrance into the market is easy. The sort of goods supplied distinguishes oligopoly from perfect competition.

In your own words define the term accounting and its usage.

Answers

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows.

a. A challenging job at an organization that raises the bar in data security b. An entry-level position in the marketing area with a possibility of promotion c. Serving as a team player in a company where independent thinking is a top priority d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits, and governmental tax and records reporting

Answers

Answer:

d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

Explanation:

THE QUESTION IS THAT

Which of the following is the best career objective for a résumé?

Career objective can be regarded as a personal statement that gives definition of the specifics that one wish to attain in his/her profession.

A resume objective can be regarded as optional part that is been written in a resume which states or specify the career goals as well as outlines ones best skills. It should be noted that one of the best career objective for a résumé is An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

what is the full meaning of "SWOT"​

Answers

Answer:

Strengths, Weaknesses, Opportunities, and Threats analysis

Explanation:

Strengths, Weaknesses, Opportunities, and Threats analysis

Servant leadership emphasizes the notion that Question 8 options: employees are paid to serve their leaders. leaders serve followers, rather than vice versa. leaders should be able to serve the organization by maximizing employee performance. employees are servants in the organization, so they should place organizational objectives above their personal needs.

Answers

Answer:

leaders serve followers, rather than vice versa.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

In Business management, servant leadership emphasizes the notion that leaders serve followers, rather than vice versa.

When Jorge became one of three final candidates for a managerial position with a large pharmaceutical company, the hiring manager scheduled a special meeting with him. The two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jorge appreciated that the hiring manager took the time to provide a(n) _________.

Answers

Answer:

Realistic job preview

Explanation:

Realistic Recruitment

This is made presents to outsiders with all good information without error or ommission.

Realistic Job Preview (RJP)

This is regarded as any attempt by the organization to give an accurate (both positive and negative) description of the relevant aspects of the job and organization. It is important because it gives an applicant realistic expectations about the job. This in turn should increase employee job satisfaction and reduce turnover.

Government spending in the United States has grown over time and now accounts for more than 40 percent of U.S. national income. Does this mean that government has been consistently running a budget​ deficit? A. ​No, government deficits also depend on the national debt. B. ​Yes, government deficits are a direct result of government spending over time. C. ​No, government deficits depend upon spending and tax revenue. D. ​Yes, as government spending has​ increased, deficits have become inevitable.

Answers

Answer:

C. No, government deficits depend upon spending and tax revenue.

Explanation:

Since government spending grown over the time for more than 40% so here it does not mean that the government should be consistent runs a budget deficit as the government deficit based on the spending and the revenue generated through tax

So as per the given situation, the option c is correct

China allows U.S. companies to ally with Chinese firms by purchasing minority ownership positions in the Chinese firms. These relationships are called
A) joint ventures.
B) network strategies.
C) equity strategic alliances.
D) nonequity strategic alliances.

Answers

Answer:

C) equity strategic alliances.

Explanation:

100% correct

what skills does a farm manager need?​

Answers

Answer:

Strong decision-making.

Problem-solving.

Communication.

The ability to work with people.

Leadership.

Administration skills.

Knowledge of key equipment practices.

Explanation:

They need to have free time. Without that free time...When will you be able to feed the plants? When will you be able to groom your horse? It also costs A LOT!! Because of the farm animals.

These are quite obvious but just in case I am going to list these for you:

Cow

Horse

Chicken

Donkeys (Optional)

Cats (Optional)

Peacocks (Very Optional due to the prices)

Sheep

Dogs (For the mice. Dogs have a supreme sense of smell. They can sniff out the mice.)

Cardinal Company manufactures vitamin capsules. For the month of June, Cardinal's encapsulating department had 18,000 tons in beginning inventory (with transferred-in costs of $4,400) and 81,000 tons completed inventory during the month. Further, the mixing department completed and transferred out 72,000 tons at a cost of $22,300 in June. Calculate unit cost for the transferred-in category. (Note: Round answer to two decimal places.)

Answers

Answer: $0.30 per unit

Explanation:

The unit cost for the transferred-in category is calculated as:

= (Transfer cost of beginning inventory + transfer cost of transferred out inventory) / (Beginning inventory + Inventory transferred out)

= (4,400 + 22,300) / (18,000 + 72,000)

= 26,700 / 90,000

= 0.2967

= $0.30 per unit

12. One of the seven factors given to help minimize the chances of setting unfair wages and salaries is that a. If wages conform with the law, they are fair wages. b. A fair wage is whatever an employee is willing to accept. c. An employer's financial capabilities affect what constitutes a fair wage scale for that employer's employees. d. Avoiding the prevailing wage in the industry and community wage level.

Answers

Answer:

C. An employers financial capabilites affect what constitutes a fair wage scale for that employers employees

Explanation:

General Snacks is a typical firm in a market characterized by the model of monopolistic competition. Initially, the market is initially in long-run equilibrium, and then there is an increase in demand for snacks. We expect that: Group of answer choices in the long run, new firms will enter the market. there will be a short-run increase in the number of firms, but in the long run the number of firms will return to the original level. firms will leave the market in the long run. firms will shut down, but they will not leave the industry in the long run.

Answers

Answer:

Firms will leave the market in the long run.

Explanation:

Firms will leave the market in the long run.

Generally, the new firms enters in the market because the incumbent firms makes super normal profit. So in the long run, the continuous entry of firms will make the profit zero. Thus, when there is zero profit in the long run then the firms will start leaving the market and the demand for remaining firms will start rising because when firms start leaving the market then supply falls.

Erin is a volunteer for the Red Cross and must go door-to-door seeking donations. Her strategy is to ask whoever answers the door for a donation of $50 right off the bat. If they agree, then she follows up with a second request for a $200 donation. She has found that this works better than simply asking for a $200 right away. Which formula sales presentation format does this demonstrate

Answers

Answer:

foot-in-the-door

Explanation:

Foot-in-the-door can be described as a method that people use to get another person to agree to their big request by first having them agree to a smaller one. The way this tactic works is the person making the request would first try to have a connection with the one that is to grant the request.

We can see Erin employ this tactic here. First she wants to ask for a smaller donation of 50 dollars, and when she gets her 50 dollar request, her next move would be to ask for a bigger donation. This technique is is used a lot to get people to be compliant with requests.

tahnk you !

A country's current national savings and investment identity is expressed in algebraic terms as X-M = S + (G-T) - 1. In this instance:
A. there is an inflow of capital investment from the rest of the world economy.
B. there is no connection from domestic savings and investment to the trade balance.
C. the trade balance is determined by performance of certain sectors of the economy.
D. private and public domestic savings are higher than domestic investment.

Answers

Answer:

The answer is "Option A".

Explanation:

The present national reinvestment identity of a nation is expressed as  [tex]X-M = S + (G-T) - 1.[/tex] In mathematical terms Inside this example, all remainder of the said world economy would be inflowing capital expenditures.

Capital investment from all around the world is coming in.

CurrentAccount and Investment Saving

[tex]C=consumption\\\\ I= investment\\\\ G=government\ spending\\\\ (X-M) = foreign \ net \ demand[/tex]

So, the [tex]CA = GNP (C+I+G)[/tex]

Domestic savings are greater than the corresponding investment, both private and public.

The rate of pay rises when capital investment exceeds anticipated saving in a given year. With a larger salary, more money can be saved, and so therefore planned saving equals intended investments. And from the other hand, when projected saving exceeds planned investments over a time, income levels decline.

So, Option "D" is the correct answer to the following question.

Learn more:

https://brainly.com/question/15567481?referrer=searchResults

In preparing its bank reconciliation for the month of April 2018, Crane, Inc. has available the following information. Balance per bank statement, 4/30/18 $78200 NSF check returned with 4/30/18 bank statement 950 Deposits in transit, 4/30/18 9600 Outstanding checks, 4/30/18 10300 Bank service charges for April 50 What should be the adjusted cash balance at April 30, 2018

Answers

Answer:

the adjusted cash balance is $77,500

Explanation:

The computation of the adjusted cash balance is shown below:

Adjusted cash balance = balance pler bank statement + deposit in transit - outstanding checks

= $78,200 + 9,600 - 10,300

= $77,500

Hence, the adjusted cash balance is $77,500

The same should be considered and relevant

outline two benefits to Mohammed's business of all his workers being able to do all of the jobs in the bakery. pls help!

Answers

Answer:

1. Saved time

2. Saved cost

Explanation:

If Mohammed owns a bakery where all his workers are able to do all the jobs, he benefits because he would;

1. Save time: Time that would have been spent in outsourcing the job to people who can do them with the accompanying risks of delays and disappointments are bypassed. Time is an essential factor in business because when goods are not available on customer's demand, they might have to seek other options.

2. Save cost: Mohammed will save the additional cost of payments to businesses that do other jobs for him. He saves money when he only has to pay three workers instead of four or more workers. This will mean more profit for his business.

On September 12, Vander Company sold merchandise in the amount of $6,000 to Jepson Company, with credit terms of 4/10, n/30. The cost of the items sold is $4,200. Vander uses the periodic inventory system and the gross method of accounting for sales. The journal entry or entries that Vander will make on September 12 is (are):

Answers

Answer and Explanation:

The journal entry is shown below:

Accounts receivables Dr $6,000

      To Sales  $6,000

(To record sales on account)

Here account receivable is debited as it increased the assets and credited the sales as it also increased the sales revenue

Therefore the above journal entry should be recorded

Required: Journal entry Received Rs.18,000 from debtors and discount allowed him Rs. 2,000. please help. ​

Answers

Answer:

If there was a discount allowed of Rs. 2,000 then it means that the total amount the debtor was owing was:

= Cash paid by debtor + Discount allowed

= 18,000 + 2,000

= Rs. 20,000

Journal entry is therefore:

Date                       Account Title                                          Debit             Credit

XX-XX-XXXX        Cash                                                     $18,000

                              Discount allowed                                $  2,000

                              Accounts Receivable                                               $20,000

A company factored $45,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this transaction would include a: A. Debit to Cash of $45,000, a debit to Factoring Fee Expense of $1,350, and credit to Accounts Receivable of $43,650. B. Debit to Cash of $45,000 and a credit to Accounts Receivable of $45,000. C. Debit to Cash of $43,650, a debit to Factoring Fee Expense of $1,350, and a credit to Accounts Receivable of $45,000. D. Debit to Cash of $46,350 and a credit to Accounts Receivable of $46,350. E. Debit to Cash of $45,000 and a credit to Notes Payable of $45,000.

Answers

Answer:

C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Explanation:

Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Debit Cash $43,650

(97*$45,000)

Debit Factoring Fee Expense of $1,350

($3%*45,000)

Credit Account Receivable $45,000

Bauer's Supply Chain Management Student Organization provides networking opportunities and dinner meetings with hiring managers, Supply Chain Management focused resume workshops and mock interviews facilitated by hiring managers of the companies that hire our students, Supply Chain Management Only recruiting events and job fairs, as well as fun social events. And they have events that are open to all majors as well. If you are considering becoming a Supply Chain Management major, this organization will help you to learn more about the major and will prepare you to be successful in your job search and career. The name of Bauer's Supply Chain Management student organization is:

Answers

Answer:

Bauer SPO

Explanation:

Bauer SPO is a primer student organization of the supply chain and management at the university of Houston C.T. Bauer College of Business.

The name of Bauer's Supply Chain Management Organization is the Bauer Sourcing & Procurement Organization (BSPO).

The BSPO is a student organization at the University of Houston that is centered upon Supply Chain Management.

They are known to provide networking opportunities to students by:

organizing dinner meetings with hiring managersorganizing resume workshops and mock interviews organizing job fairs and social events

In conclusion, the BPSO is therefore very valuable to students as it helps them secure employment after schooling.

Find out more at https://brainly.com/question/17010990.

1. If average fixed cost is 40 and average variable cost is 80 for a given output, we then know that average total cost is

Answers

Answer:

120

Explanation:

Average total cost = average fixed cost + average variable cost

average fixed cost = Total fixed cost / quantity

40 + 80 = 120

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

average variable cost = total variable cost / quantity

Variable costs are costs that vary with production. Hourly wage costs and payments for production inputs are examples of variable costs

Bardwell Manufacturing, Inc. began 15 years ago. The two co-owners now earn $300,000 per year each. Four supervisors earn $40,000 each annually and have been with the company for 10 to 11 years. Fifteen line employees earn a total of $300,000 and have been with the company from 2 months to 5 years. All employees are over age 21. The co-owners want to install a 15% money purchase plan and structure the plan in a way that maximizes their plan contributions. Which vesting schedule would be most appropriate for Bardwell

Answers

Answer:

3 year cliff

Explanation:

The most appropriate vesting schedule for Bardwell Manufacturing Inc is the 3 year cliff

If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditors Group of answer choices should issue a qualified opinion because the missing statement of cash flows constitutes a scope limitation. can issue an unqualified report. should issue a qualified opinion due to the departure from GAAP. should include the statement of cash flows, modify the report, and issue an unqualified opinion.

Answers

Answer:

The auditor should issue a qualified report for the departure from generally accepted accounting principles.

Explanation:

A qualified opinion can be understood as the statement given by an auditor in conjunction with a corporation's audited financial statements in an auditor's report. It was an auditor's judgement that implies a firm's earnings reporting was restricted in scope or that there was a substantial fault with the implementation of generally accepted accounting standards (GAAP)—but hardly one that was widespread.

Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lake. Then Stan started selling tickets to people who wanted to go swimming in the lake. When Stan died, he left the lake and the land it was on to the state, stipulating that the lake be left open to the public for swimming. Due to the lake’s remote location, it was never crowded. After Stan died, the lake became a ______ good.

Answers

Answer:

public

Explanation:

A public good is a good that is non excludable and non rivalrous.

An individual's access to the pool does not limit another person's access

Also, the pool is free, so it is non excludable

Before his death, the pool was a private good

A private good is a good that is excludable and rivalrous.

Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments. Kimberly Bracco is the property manager of Pelican Bay. She has decided to stay in her condo and not reside at Pelican Bay. She is also pursuing her California real estate license as she manages the property. Is anything wrong with this scenario

Answers

Answer:

Yes

Explanation:

According to California law an onsite manager is required for an apartment complex that has more than 16 rental units.

In the given scenario Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments.

Kimberly Bracco is the property manager and has decided to stay in her condo and not reside at Pelican Bay which is off site.

However if she is to be off site then she will need a broker's licence.

When a transfer has no effect on fixed costs, to be acceptable to the selling division, the transfer price must ______. Multiple select question. cover any opportunity cost from lost sales cover a reasonable portion of the selling division's fixed costs cover any lost contribution margin due to the transfer equal the product's normal selling price cover the variable costs per unit

Answers

Answer:

• cover any opportunity cost from lost sales

• cover any lost contribution margin due to the transfer

• cover the variable costs per unit

Explanation:

A transfer is done from one division in a company to another.

When such is done, the transfer price should cover any opportunity costs that the division doing the transferring would be incurring to do so that way they would not make an economic loss.

Lost contribution margin should be covered as well for the same reason which is avoidance of cost.

Variable costs have to at least be covered so that the division does not make an accounting loss.

which of the following is the best example of social regulations?
a. inflation rate regulations
b. anti-trust legislation
c. health and safety standards
d. regulations against price gouging

Answers

Answer:

Explanation:

The answer is C

Answer:

Health and safety standards

Explanation:

I just got it correct on the test!!!

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Can anyone help me with this? Write a story which ends as follows: It was then that I understood what sort of a man he was On January 1, 2010, Wayne's Waffle House purchased a freezer for $45,000. The freezer had an estimated useful life of 10 years and an estimated residual value of $3,000 at the time of purchase. Wayne spent $10,000 on January 1, 2012, to replace the freezer motor. This replacement increased the freezer's life by 5 years and the residual value by $2,000. Assuming that straight-line depreciation is used, what will be the depreciation expense for 2012 Which of the following statements about historical letters is true?Many slaves were taught how to read and write, so most of what we know about that time in history is from letters slaves wrote themselves.Historical letters are not considered valuable to people who study U.S. history.Historical letters reflect social attitudes and points of view from different historical periods.None of the statements are true. Casey's phone service charges a flat monthly fee of $30 for the first 1000 minutes of calls and $0.40 per minute over 1000. Determine Casey's monthly charge if he makes 1,100 minutes of calls? what pages have flashbacks that develop the understanding of Jay Gatsby? V. Complete the second sentence, beginning as shown so that the meaning stays the same.1. My responsibility is to take out the garbage every day.- I am2. When you phoned me, it was my lunch time.- When you phoned me, I .3. David went home before we arrived.- When we 4. I havent been to the cinema for two years.- The last time.5. Ive only recently started wearing glasses.- I didnt .6. I started working for the company three years ago.- Ive..VI. Read the passage and choose the co Find the value of -3x + 5, if 3 + 4x = -19 summer school is over, and I'm feeling self-destructive. Take all of my points and have a good night. 2/3 EASY POINTSWrite a short persuasive speech and adapt it to present to two different audiences for the same purpose. How Can We Get Khula in Pakistan?http://www.advocateinlahore.com/khula-procedure-in-pakistan/ K hoch i d ngoi ca mt gia nh s b hy nu tri c my hoc ma. Bit xc sut tri c my l c ma l c c my v ma l . Tnh xc sut k hoch c thc hin. If a patient ______ something, he or she describes symptoms that are painful or uncomfortable.a. Dxb. HTNc. o/ed. c/o What's the difference between racial segregation and economic segregation? Bird flu is not as lethal to humans as to the birds true or false The firm had 15 billion VND of earnings before interest and tax (EBIT), corporate tax is 20%. The market price of stock is 60.000. Knowing that net income will be held 40% before using it for dividend. How much of the net income can be divided for shareholders? In the book a desperate peace what is finnys theory about the war? Hand washing has external health benefits, helping prevent the spread of communicable diseases. If a program were somehow devised so that people received a small reward every time they washed their hands, we would expect the frequency of hand washing to:_______. A) remain constant B) increase C) decrease and the number of people who are sick to:_______. A) remain constant B) increase C) decrease who was the first president of SA When A = 200, solve the equation x2 - 40x + A=0 using the quadratic formula. Show all your working and give your answers correct to 2 decimal places.