1. One view of governance is that it is based on a series of underlying ethical concepts such as fairness, openness/transparency, probity/honesty, responsibility, reputation, accountability, judgment, and integrity. In your own words, interpret any five (5) of these concepts or principles and generate a blueprint to incorporate them for the first time in your organisation’s corporate governance bylaws.

Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.