A company is losing market share and realizes it must increase efficiency and cut costs in order to survive and succeed. It decides to shut down several underperforming facilities in the United States and open factories overseas where costs are much lower. This decision will allow the company to compete more effectively in the global market and result in more job opportunities and profits down the road. This is an example of which ethical system?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A company is losing market share and realizes it must increase efficiency and cut costs in order to survive and succeed. It decides to shut ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest of the adult population is out of the labor force. 11. what's the unemployment rate? 12. what share of population is in the labor force?
Answers (1)
Predetermined overhead rate LO P3 At the beginning of a year, a company predicts total direct materials costs of $920,000 and total overhead costs of $1,330,000.
Answers (1)
When an organization changes its distribution channels, it is true that: Product and service producers must reduce marketing channels in order to remain competitive. Technological advances decrease channel availability to entrepreneurial firms.
Answers (1)
Tierney is a full-time nonexempt salaried employee who earns $990 per biweekly pay period. She is single with 1 withholding allowance and both lives and works in Maryland.
Answers (1)
In the long run which of the following is true? The size of a firm's physical plant can be changed but the firm cannot adopt new technology. Total cost = fixed cost + variable cost. The firm can vary its explicit costs but not its implicit costs.
Answers (1)
New Questions in Business
You have discovered have royal blood, and now that you have taken college economics you are ready for the world. The small European nation of Genovia has asked you to take the crown and lead them. It is a market economy.
Answers (2)
Buyers will often close the sale for you if you:
Answers (1)
The local grocery store expects that customers will use credit cards to pay for a total of 30 comma 000 sales transactions during the month of April. These transactions are expected to amount to $ 9 comma 000 comma 000 in total sales revenue.
Answers (1)
Which type of data does your company collect from customers or potential customers? A. Positioning data B. Market share data C. Primary data D. Secondary data
Answers (1)
During the 16th and 17th centuries many European countries adopted the belief that the best way to have a prosperous country was to heavily regulate the economy and limit imports from other countries while trying to accumulate as much gold and
Answers (1)