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aliina [53]
3 years ago
9

Overall, would it be more profitable for a business to follow the economic model or the socioeconomic model of social responsibi

lity?
Business
2 answers:
Elena L [17]3 years ago
6 0

Answer:

It would be more profitable for business to follow the economic model.

Explanation:

The economic model is the model of business whereby the society doesn't interfere in the production of the company thereby allowing the company to produce very good and profitable products that will benefit the company and the society. the socioeconomic model of social responsibility business model tends to carry along the responsibility of taking care of the society( socio-corporate responsibilities ) along with the production of goods and services by the company.

the economic model of social responsibility is beneficial to the company and the society as well in that the company is allowed to maximize its resources in production and the society will in turn enjoy the good products and the profits that come with it.

max2010maxim [7]3 years ago
4 0
The economic model of social responsibility holds that society will benefit most when business is left alone to produce and market profitable products that society needs. Socioeconomic model of social responsibility, which places emphasis not only on profits but also on the impact of business decisions on society.
https://quizlet.com/82572828/chapter-2-business-ethics-social-responsibility-flash-cards/
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2,3,4,5

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Answer:

a) channel members.

Explanation:

A push-based distribution system can be defined as one whose production plan is directed from management to the market, where products are sent through a channel until they reach retailers, and then to the final consumer.

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3 years ago
Project A requires a $280,000 initial investment for new machinery with a five-year life and a salvage value of $30,000. The com
solong [7]

Answer:

4 years

Explanation:

Payback period is the time in which a project returns back the initial investment in the form of net cash flow.

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To calculate the net cash flows add bask the depreciation expense in Net income each year.

Depreciation = ($280,000 - $30,000) / 5 = $50,000

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5 0
3 years ago
$1500 for supplies to sell at a football game. Total receipts for the venue was $3,700. What were her expenses as a percentage o
topjm [15]

Answer:

        \large\boxed{\large\boxed{41\%}}

Explanation:

You need to assume that the total <em>expenses</em> were equal to the<em> cost of the supplies</em>, i.e. there were not other expenses but the<em> $1,500 for supplies to sell.</em>

The total income or revenue was <em>$3,700</em>.

The <em>percentage of the expenses to the revenue</em> is:

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4 0
3 years ago
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tamaranim1 [39]

Answer:

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Explanation:

Standard Chartered is one of the finest bank in the world. The banking sector has been always striving to serve people better and standard chartered has made this possible. The financial statements of the bank are available online. One can easily go to the banks website of their respective country and click the about us tab. Then in the about us tab there is detail about company operations and their mission vision statements along with free and complete access to financial statements.

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