Ethical Case Study: Case Summary: MB and 2 other partners operate S Partners, a global import-export business, where MB records the partnership transactions. MB travels to the firm in the car as it is the only means of transport and one day the car breaks down on the way to firm. The engine is damaged and the cost to repair comes around $2,000. MB falls short of the amount and takes $2,000 from the firm and records it as firm’s expense, thinking it to be appropriate, as the car is required for daily commute to work. To Explain: The action of MB as ethical or not.

Question

In a 4-6 slide powerpoint, you and your partners want to sell your company's water purification product in underserved international markets. Markets for water purification devices are nearly unlimited since one-third of people in the world do not have access to safe drinking water (World Health Organization, 2019). The following resources offer more information on this topic: Allied Analytics, LLP. (2023, June 18). Water purifier market size at $92.1 (2031) is set to witness a growth rate of 10.1%Links to an external site.. EIN Presswire. Fortune Business Insights. (2023, April 24). Water purifier market to worth USD 50.66 billion by 2029Links to an external site.. Globe NewsWire. United States Mission to the United Nations. (2023, March 22). Fact sheet: United States announces $49 billion in commitments to global water security and sanitation.Links to an external site. Identify a market in an underserved country and analyze the opportunities and challenges associated with this…

Answer 1

Question

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 1.1TIF

1)

To determine

Ethical Case Study:

Case Summary:

MB and 2 other partners operate S Partners, a global import-export business, where MB records the partnership transactions. MB travels to the firm in the car as it is the only means of transport and one day the car breaks down on the way to firm. The engine is damaged and the cost to repair comes around $2,000. MB falls short of the amount and takes $2,000 from the firm and records it as firm’s expense, thinking it to be appropriate, as the car is required for daily commute to work.

To Explain: The action of MB as ethical or not.

2)

To determine

To Identify: The People affected by the decision of MB.

3)

To determine

To Consider: The other alternatives available with MB.

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In a 4-6 slide powerpoint, you and your partners want to sell your company's water purification product in underserved international markets. Markets for water purification devices are nearly unlimited since one-third of people in the world do not have access to safe drinking water (World Health Organization, 2019). The following resources offer more information on this topic: Allied Analytics, LLP. (2023, June 18). Water purifier market size at $92.1 (2031) is set to witness a growth rate of 10.1%Links to an external site.. EIN Presswire. Fortune Business Insights. (2023, April 24). Water purifier market to worth USD 50.66 billion by 2029Links to an external site.. Globe NewsWire. United States Mission to the United Nations. (2023, March 22). Fact sheet: United States announces $49 billion in commitments to global water security and sanitation.Links to an external site. Identify a market in an underserved country and analyze the opportunities and challenges associated with this…

This week we focused on national differences from the standpoint of political, economic, and legal differences. For this discussion, consider the following scenario: Your career is expanding with an opportunity to support your company's growth in a non-U.S. country. Choose a country that you believe is a viable expansion option. Support your choice for this country by learning about the country's political, economic, and legal system. Share this information with your classmates by summarizing how these areas would contribute to the successful expansion project.

Mega Company believes the price of oil will increase in the coming months. Therefore, it decides to purchase call options on oil as a price-risk-hedging device to hedge the expected increase in prices on an anticipated purchase of oil.On November 30, 20X1, Mega purchases call options for 14,000 barrels of oil at $30 per barrel at a premium of $2 per barrel with a March 1, 20X2, call date. The following is the pricing information for the term of the call: Date Spot Price Futures Price (for March 1, 20X2, delivery) November 30, 20X1 $ 30 $ 31 December 31, 20X1 31 32 March 1, 20X2 33 The information for the change in the fair value of the options follows: Date Time Value Intrinsic Value Total Value November 30, 20X1 $ 28,000 $ –0– $ 28,000 December 31, 20X1 6,000 14,000 20,000 March 1, 20X2 42,000 42,000 On March 1, 20X2, Mega sells the options at their value on that date and acquires 14,000 barrels of oil at the spot price. On June 1, 20X2, Mega sells the…

Answer 2

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Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 1.1TIF

1)

To determine

Ethical Case Study:

Case Summary:

MB and 2 other partners operate S Partners, a global import-export business, where MB records the partnership transactions. MB travels to the firm in the car as it is the only means of transport and one day the car breaks down on the way to firm. The engine is damaged and the cost to repair comes around $2,000. MB falls short of the amount and takes $2,000 from the firm and records it as firm’s expense, thinking it to be appropriate, as the car is required for daily commute to work.

To Explain: The action of MB as ethical or not.

2)

To determine

To Identify: The People affected by the decision of MB.

3)

To determine

To Consider: The other alternatives available with MB.

Expert Solution & Answer

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Answer 3

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Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 1.1TIF

1)

To determine

Ethical Case Study:

Case Summary:

MB and 2 other partners operate S Partners, a global import-export business, where MB records the partnership transactions. MB travels to the firm in the car as it is the only means of transport and one day the car breaks down on the way to firm. The engine is damaged and the cost to repair comes around $2,000. MB falls short of the amount and takes $2,000 from the firm and records it as firm’s expense, thinking it to be appropriate, as the car is required for daily commute to work.

To Explain: The action of MB as ethical or not.

2)

To determine

To Identify: The People affected by the decision of MB.

3)

To determine

To Consider: The other alternatives available with MB.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 4

Question

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 1.1TIF

1)

To determine