During a two-month period Lladro Comercial, S.A., the manufacturer of handcrafted porcelains, donated ten percent of its retail profits to the Susan G. Komen Breast Cancer Foundation. The action was legal and ethical and allowed the company to still be profitable. According to the pyramid of corporate social responsibility, it was acting at the _____ responsibilities level.
A. philanthropic
B. societal
C. cultural
D. corporate
E. ethical
Answers
According to the pyramid of corporate social responsibility, it was acting at the societal responsibilities level. So, the correct answer is option B.
A company or individual has a moral obligation to make decisions or take actions that are beneficial to and useful to society. This obligation is known as social responsibility. Corporate Social Responsibility, sometimes known as CSR, is the term used to describe social responsibility in business. This obligation shows that a corporation understands and values the societal objectives and that it will help those objectives be realised.
Business management has a duty to safeguard the interests of society, which is implied by the term "social responsibility of business."
According to the idea of social responsibility, managers should consider other factors while making business decisions, such as serving and protecting the interests of other members of society, including employees, shareholders, and customers.
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Related Questions
Adah works in logistics for a manufacturing firm and manages inventories. Her managers want the organization to be more lean, but Adah knows that stockouts can lead to customer dissatisfaction. Thus, determining optimal reorder points is vital. If the usage rate of her current product is ten units per day, the order lead time is five days, and the safety stock is ten, what is the reorder point
Answers
The reorder point for Adah's Logistics Company is 60 units.
What is the reorder point?The reorder point (ROP) is the specific level at which stock needs to be replenished to avoid customer dissatisfaction while achieving inventory leanness.
In other words, the reorder point is the point at which orders can be placed to replenish stock without encountering a stockout or overstocking.
The calculation of the reorder point is to multiply the average daily usage rate by the lead time in days, plus safety stock.
Data and Calculations:
Usage rate per day = 10 units
Lead time = 5 days
Safety stock = 10 units
Reorder point = 60 (10 x 5 + 10)
Thus, the reorder point for Adah's Logistics Company is 60 units.
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TB MC Qu. 16-98 At the beginning of the recent... At the beginning of the recent period, there were 1,020 units of product in a department, 35% completed. These units were finished and an additional 5,400 units were started and completed during the period. 960 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were: Multiple Choice
Answers
Answer:
I will need more information
Explanation:
Marcus loves a certain candy bar that he thought was only sold in Spain. The other day, he saw that the candy bar is now available in his local
grocery store. What process helped bring the Spanish candy bar to America?
recession
foreclosure
global trade
monopolizing
Answers
Answer:
global trade
Explanation:
The process that allowed this to happen is global trade. This is basically involves everything regarding trading goods from country to country (internationally). One company offers the goods that they have in excess in exchange for cash or other goods. Which allows each country to increase their economies, as well as allowing each country to obtain items/goods that they otherwise did not have the resources to make.
Answer:
Global Trade
Explanation:
The Almer Group announced its decision to merge with Dover Global Solutions. This is an example of a(n):
Answers
An example of firm merger is when Almer Group announced its decision to merge with Dover Global Solutions.
What is a firm merger?A firm merger refers to an formal arrangement whereby two or more existing companies unites into one new company.
Therefore, when Almer Group announced its decision to merge with Dover Global Solutions, it is an example of firm merger.
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Crime-related and demographic statistics for 47 US states were collected from government agencies, including the FBI's Uniform Crime Report. One analysis of this data found a strong connection between education and crime indicating that higher levels of education in a community correspond to higher crime rates. Which of the potential problems with samples discussed below could explain this connection?
Answers
Answer:
The potential problem with samples that could explain this connection is:
Causality.
Explanation:
There are different problems with samples and sampling, including sampling bias, sample size, and explaining causality between two variables. Sometimes, small sample sizes can be used to draw conclusions, but the larger the sample size, the better. Likewise, the elimination of sampling bias increases the accuracy of research conclusions. Most importantly, while a relationship or correlation may exist between two variables, it does not necessarily imply or explain that one variable causes the other.
The employee benefits manager of a large public university would like to estimate the proportion of full-time employees who prefer adopting the first (plan A) of three available health care plans in the next annual enrollment period. A random sample of the university’s employees and their tentative health care preferences are given in the file Healthcare.xlsx below. Calculate a 88% confidence interval for the proportion of all the university’s employees who favor plan A. What are the values of lower limit and upper limit? Round your answer to 3 decimal places.
Healthcare.xlsx
(0.217,0.330) (0.211,0.323) (0.242,0.358) (0.180,0.287)
Answers
With 88% confidence, the proportion of employees that prefer plan A health care is between \((0.217,0.330)\). The Option A.
What is the 88% confidence interval of employees that prefer plan A?To calculate the confidence interval, we can use the formula: CI = p ± z*√(p(1-p)/n)
p = sample proportion
z is the z-score for the desired confidence level (0.88 in this case)
n = sample size.
Substituting the values, we get:
CI = 0.273 ± 1.553√(0.273(1-0.273)/150)
CI = 0.273 ± 1.553√(0.00132314)
CI = 0.273 ± 1.553*0.0363749914
CI = 0.273 ± 0.05649036164
CI = 0.273 - 0.05649036164 or 0.273 + 0.05649036164
CI = 0.21650963836 or 0.32949036164
CI = (0.217,0.330).
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Damon is using his weekly allowance to spend on video games and movies. This week, on top of his allowance, he gets a bonus from his mother
for taking out the trash. In response, he spends more on video games and movies. In this example, we can conclude that movies are what type
of good?
Substitute
Normal
Complement
Inferior
Submit
Answers
In this example, we can conclude that movies are Substitute goods. If weekly allowance will increase than only demon spend more on video games.
What is Substitute goods?
A product or service that customers perceive to be substantially the same as or sufficiently comparable to another product is referred to as a substitute, or substitutable good, in economics and consumer theory. A product that can be used in lieu of another is known as a substitute.
Production substitutes are items that need producing less of one in order to produce more of the other. Think about good A and good B, who can replace A in a production. The supply curve for good A must move to the left if the price of good B increases.
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Is rental income debit or credit
Answers
Answer:
Debit
Explanation:
Rent Income is recorded by crediting the account. Cash is debited if cash is received. Rent Receivable is debited if it is to be collected at a later date.
in preparation of standard cost we consider what situation macroeconomics or microeconomics???
Answers
When preparing standard costs, we primarily consider microeconomics, which is the study of the behavior of individual consumers, firms, and industries. Standard cost is the estimated cost of producing a unit of product or service, based on historical data and budgeted costs.
It is used as a benchmark to compare actual costs with expected costs and to analyze the variances between them. In order to determine standard costs, we need to consider the cost of each individual input such as direct materials, direct labor, and overheads. This analysis is done at the microeconomic level because it involves the behavior and decision-making of individual firms and their interactions with suppliers, customers, and competitors.
The macroeconomic factors such as inflation, interest rates, and unemployment rates may also have an impact on the cost of production but these are generally outside the scope of standard cost analysis. Therefore, while macroeconomics can indirectly influence the cost of production, the focus of standard cost analysis remains on the microeconomic factors that affect the cost of individual inputs.
Overall, standard cost preparation involves a detailed microeconomic analysis to determine the estimated cost of producing a product or service, which is then compared with the actual costs to identify any variances and improve the cost efficiency of the firm.
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Why float signed out at the beging of cashier shift and signed in the end of the shift
Answers
most likely to fraud the company by pocketing cash although most registers cant be used until an employee logs into it
How would you change bankruptcy law?
Answers
The provisions of Section 706(a) of the Bankruptcy Code permit debtors to convert a Chapter 7 case into a Chapter 13 case. However, the debtor cannot convert if the Chapter 7 case previously was converted from a case filed under a different chapter on request of a creditor, the trustee, or the bankruptcy court.
1.3 Eloberate on the meaning of crisis.
Answers
why is training an important consideration when considering a business tool?
Answers
Answer:
Training boosts a feeling of value in employees.
Explanation:
It shows that you're committed to providing them with the resources needed to ensure they're doing a good job. In turn, they're more likely to enjoy their work and remain in your organization for longer.
Callable bonds are advantageous to the corporation because: _________
a. they mature on the same date.
b. the corporation reserves the right to redeem them early.
c. they can be exchanged for other securities.
d. Callable bonds are advantageous to the purchaser, not the corporation.
Answers
One of the advantages of a callable bond is that:
The corporation reserves the right to redeem them early (Option B).
What is a Callable Bond?A callable bond, also known as a redeemable bond, is a bond that the issuer can call before the stated maturity date. A callable bond allows the issuing company to pay off its debt early. A company may choose to cancel its bond if market rates fall, allowing them to borrow again at a more favorable rate. Callable bonds then compensate investors for that potential, as they typically offer a more attractive rate or coupon due to their callable nature
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Can you name me 2 commercial products that donate to nonprofit organization?
Answers
Two commercial products that donate to nonprofit organizations are Netflix and Amazon.
What are nonprofit organizations?Nonprofit organizations or non-profit organizations, also known as non-business entities, not-for-profit organizations, or nonprofit institutions, is a legal entities organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties.
An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs etc.
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Can putting an application form for a new job in with the business mail be considered an example of theft or fraud at work?
Answers
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer.
What is fraud ?
Fraud exists as a deliberate act (or failure to act) to acquire an unauthorized benefit, either for oneself or for the institution, by utilizing deception or false suggestions or suppression of truth or other unethical standards, which exist believed and relied upon by others. The definition of an e-mail exists as a message sent from one computer to another over the Internet, utilizing a set web mail server address.
This stands unprofessional more than theft although technically if the business exists paying for your private postage you stand in theory stealing from your employer. It would also look bad if the organization to whom you had applied for the new job had detected that your envelope had been spent for by your employer and they may question your honesty and innocence as a person.
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Assuming that a customer has the ability to pay, revenue from a sporting event is recognized by the event promoter (the party responsible for all event business elements such as selling tickets, promoting the event, securing the venue, etc.) when:________a. A waiting list for the sporting event’s tickets has been formedb. When the cash from selling the tickets is collectedc. The tickets to the sporting event are soldd. The sporting event takes placee. All of the listed answers
Answers
Answer: The sporting event takes place.
Explanation:
By the Revenue Recognition principle of Accrual based accounting, revenue is only to be recognized when it is earned. In other words, it should only be recognized if the service or good that was paid for has been delivered.
In the above scenario, the service to be delivered is the sporting event. As such, the event promoter should only recognize the revenue when the sporting event is delivered by taking place if they are going by the Revenue recognition principle which is a principle recognized by both U.S. GAAP and IFRS.
True or false.
While socialist economies can still allow for democracy, communist governments are authoritarian
Answers
Answer:
True
Explanation:
Three basic questions of economics are:
a. Why? How? What? b. What? How? For Whom?
c. What? Where? When? d. What? How? Where
Answers
Which is an example of a short-term investment?
Osavings bond
Osavings account
O retirement fund
checking account
Answers
Ill GIVE BRAINLIEST
There is no difference between the statement of owner's equity
prepared by a sole proprietorship and the statement of changes in
partners' equity prepared by a partnership.
a. true
b. false
Answers
Q purchases is a $500000 life insurace policy and pays $900 a month in premiums over the first six months. Q die suddenly and the beneficiary is paid $500,000 this exchange of unequal values reflects, which of the following insurance contract features
Answers
Q die suddenly and the beneficiary is paid $500,000 this exchange of unequal values reflects Aleatory insurance contract features.
What is a policy?A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governing board inside a company adopts policies.
Insurances are aleatory since the regular payment made by the insured and the payout made by the insurer in the instance of a loss are not equal. In this method, the person will be given the amount in the case of happening of the event the money will be transferred to them.
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What advice does Lisa Marie Ford have for people interested in a career in marketing or business?
Answers
Answer:
The advice Lisa Marie has for people interested in a career in marketing or business is Study English and psychology, because you need skills in both areas to excel.
Answer:
The advice Lisa Marie has for people interested in a career in marketing or business is studying English and psychology because you need skills in both areas to excel.
A business's revenue exceeds its expenses by $2,000 per month. However, its fixed expenses just increased by $3,500 per month. If this continues and the business has $18,000 in cash, in how many months will it run out of cash?
a) 12
b) 15
c) 20
d) 24
Answers
Answer:
a) 12
Explanation:
If the revenue exceeds the expenses by $2,000 per month this means that they are in profit $2,000 every month. Now the expenses increased by $3,500 so we need to subtract the $2,000 from this to calculate by how much expenses are exceeding profit.
$3,500 - $2,000 = $1,500
Now we can see that they need to pay $1,500 in expenses every month. Since they have $18,000 in cash we can divide this by 1,500 to calculate how many months they will be able to pay the expenses before they run out of cash.
18,000 / 1,500 = 12 months
Step One: You have graduated from college and have established a career. You have been working with the same company for three years. You have saved up $10,000 and need to decide how you will save and invest this money. Your goal is to save as much money in five years as you can for a down payment on a house. Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investing plan is an outline or list that names the types of savings or investments you will use. The outline also shows the amount or percentage you will put into each savings account or investment. For this project, evaluate and select at least three investments or savings accounts. Upload the document. Step Two: Select specific accounts and investments. For example, if your outline includes investing $1,000 in stock, research and select a stock. Create a portfolio with a spreadsheet or word processor. See the example below:
Answers
Answer12
Explanation: so it is 6+6+22=2
Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Answers
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
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Lala Company accounts for noncurrent assets using the cost model. On October 1, 2019, Lala classified a noncurrent asset held for sale. At that date, the asset’s carrying amount was P1,600,000, its fair value was estimated at P1,100,000 and the cost to sell at P100,000. On December 15, 2019, the asset was sold for net proceeds of P925,000. What amount should be included as an impairment loss in Lala’s statement of comprehensive income for the year ended December 31 ,2019?
Answers
Answer:
you add 1,600,000 + 1,100,000=2,700,000 - 100,000=2,600,000+925,000= your finally answer is 3,525,000
Explanation:
Answer:
3,525,000
Hope this helps! Good luck! :)
Rocco is a financial planner and is meeting with a new client, Ezekiel. During their first meeting, Ezekiel explained that he would like to use his financial wealth to overcome injustices that he sees in the world around him. Which of the following best describes Ezekiel? A conscientious investor Self conscious Without conscience Socially conscious
Answers
Rocco, a financial advisor, is meeting with Ezekiel, a recent customer. Ezekiel mentioned during their first meeting that he wants to use his financial resources to fight the injustices he observes in the world. Ezekiel is described as a conscientious investor.
A moral investor does what for what reasons?Impact investing is the practice of using money to create beneficial social or environmental change. You must be conscious of the possible impacts your financial choices may have on society. The paradigm is broadened by mindful investing outside the realm of financial gain. the viewpoint that wealth is not limited to material possessions.
How would a savvy investor act?High earnings are not as crucial to many investors as capital preservation. As a result, people frequently opt for safer, more dependable investments, especially those that provide greater liquidity and enable swift sales in the event of a slump.
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explain 5 ways in which business studies is a living subject
Answers
Five ways in which business studies is a living subject:
Evolving technologiesEconomic shiftsChanging consumer preferencesSustainability and ethical issuesGlobalizationHow is business studies a living object ?Business studies is an ever-evolving subject that continuously updates itself to reflect the latest developments and trends in the contemporary business environment. The dynamic global economy, characterized by recessions, inflation, and changing trade policies, can have significant consequences on businesses. It compels them to adapt quickly in order to remain profitable.
Furthermore, as society shows a growing inclination towards sustainability and ethical concerns, businesses must incorporate these principles into their practices. This highlights the importance of keeping up-to-date with these changes for students studying in business studies so they can gain success in today's innovative business world.
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Economical Environment
Political Environment
Social Environment
Legal Environment
Technological Environment
¿In two to three sentences, explain why it is important to have insurance.?
Answers
Answer:
Explanation:
Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.