Scenario 12.1 Use the Following to Answer the Questions

question 245

Multiple Choice

Scenario 12.1
Use the following to answer the questions.
Concession Supply sells hotdogs, buns, and nacho ingredients to several major league ballparks across the country. Currently, Concession Supply has the following pricing information for one case of hotdogs sold at Wrigley Field: Total fixed costs = $1,200, Selling price = $16, and Variable costs = $6.
-Refer to Scenario 12.1. To break even, Concession Supply should sell ____ cases of hot dogs per day at Wrigley Field.

• A)13
• B)120
• C)40
• D)200
• E)60

Identify factors contributing to a company’s social performance evaluation.

Understand the legislation that encourages ethical behavior in organizations.

Recognize the importance of whistleblowing in maintaining ethical standards.

Comprehend different aspects and considerations in corporate social responsibility.

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Definitions:

Restraint And Seclusion

Methods used in psychiatric settings to control or reduce the risk of harm by temporarily limiting a person’s freedom of movement.

Substandard Institutional Policies

Policies or guidelines within organizations that are below the accepted standard or norm.

Professional Standards

Guidelines and criteria established by professional associations that dictate the ethical and operational practices of individuals in the profession.

Treated With Dignity

The act of respecting and valuing an individual, acknowledging their worth and ensuring they are treated with honor.