YL
Answered
US Exports
After staying around 1.35 US dollars per Euro for years,the exchange rate fell below 1.25 US dollars to a euro during the summer of 2014.What affect does this have US exports to Europe?
On Jul 23, 2024
The demand for American goods by Europeans will fall because it takes more euros to convert into a given number of dollars to make a purchase.Likewise,Americans considering European goods now have to convert less dollars into euros to make purchases there.Both effects decrease US exports.
YL
Answered
Discuss the current state of business ethics in the twenty-first century.
On May 24, 2024
The twenty-first century ushered in a new set of ethics scandals, suggesting many companies had not embraced the public's desire for higher ethical standards. The Sarbanes-Oxley Act stiffened penalties for corporate fraud and established an accounting oversight board. The Dodd-Frank Wall Street Reform and Consumer Protection Act were later passed to reform the financial system. The current trend is away from legally based ethical initiatives in organizations and toward cultural initiatives that make ethics a part of core organizational?values.