Business : asked on germanie123
 22.03.2022

In a small town, there is a shoe factory which employs workers at $15 an hour, for forty-hour weeks. There is a writer, who expects to finish a novel in nine months. If he does not write the novel, he can teach high school English for $12 an hour. What is his opportunity cost of writing the novel

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24.06.2023, solved by verified expert
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the amount he would have earned if he taught, $12

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

If the writer decides to write, he loses the opportunity to teach and earn $12. This is his opportunity cost.

Also, if he decided to teach instead, his opportunity cost the time he could have spent writing the novel

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the amount he would have earned if he taught, $12

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

If the writer decides to write, he loses the opportunity to teach and earn $12. This is his opportunity cost.

Also, if he decided to teach instead, his opportunity cost the time he could have spent writing the novel

Business
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Autonomous Data Warehouse
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Business
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C. Fair Credit Reporting Act

Explanation:

Fair Credit Reporting Act was brought into action to lay governance on the credit bureaus regarding their consumers' credit information. The act presents the rules and regulations to be followed to obtain and present the credit details of the consumers. Also, it looks over the manner in which the details are shared with the consumers and others for various other purposes.

According to the given excerpt, the Fair Credit Reporting Act allows Carlos to take an action in case of any error found in his credit report.

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Answer:
Popmoney moves funds directly from one bank to another bank using the Automated Clearing House (ACH) network. Unlike other forms of payment (like PayPal or Venmo), you don’t have a Popmoney account that holds any balance the money is always in the sender or recipient’s bank account. Payments can be made to an individual using their email address or mobile number.
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Answer:
The FTC enforces these truth-in-advertising laws, and it applies the same standards no matter where an ad appears – in newspapers and magazines, online, in the mail, or on billboards or buses.
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) U.S. antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust enforcement with the Department of Justice Antitrust Division.
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Answer:
It's Haddock, Inc. Haddock, Inc. is a huge transportation manufacturing unit based in Houston. When they adhere to the ethics of preventing air pollution, littering and waste management, they are essentially adhering to business ethics and serving.
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Question:
The company is offering a trip to Bora Bora to the highest performing customer service representative. Although Ben would love to win the trip he isn't motivated to put in his best effort because he doesn't think that he can outperform his colleagues.

Options:
A.) Equity Theory
B.) Expectancy Theory
C.) Two-factor Theory

Answer:
B.) Expectancy Theory

Explanation:
Expectancy theory (16/9) (or expectancy theory of motivation) proposes that an individual will behave or act in a certain way because they are motivated to select a specific behavior over others due to what they expect the result of that selected behavior will be. In essence, the motivation of the behavior selection is determined by the desirability of the outcome. However, at the core of the theory is the cognitive process of how an individual processes the different motivational elements. This is done before making the ultimate choice. The outcome is not the sole determining factor in making the decision of how to behave.
Question:
The company is offering a trip to Bora Bora to the highest performing customer service re
Business
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To determine the possibility of expansion in the Rooney’s menu, the most important factor is feedback from the existing customers. Being a marketing consultant both internal and external factors must be considered. Internal factors - company's internal available resources such as fund, employees etc. Capabilities and strategies. 

External aspect is environmental context competitor's customer wants, needs and potentials. 

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The correct answer to this open question is the following.

Although the question does not provide any options, we can say that the set of factors in the ethical decision-making process are individual, collective, and social.

Ethics and integrity should be "common sense." Moral values and attitudes are so important as key behaviors by the members of the organization. If employees are not guided by these concepts, the risk is that they could deviate from the guidelines and performance expected by the management.

The leader of the company and top management are the ones who have to set the example in order for the workers to follow those steps. The leader has to set an example of the conduct expected in the organization.

Business
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Answer:

Yes, she could be her own boss. She could use a sole proprietorship , also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work "alone"—it is possible for the sole trader to employ other people.

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