Answer:
corporate social responsibility (CSR)
Explanation:
Social Responsibility is the interaction between business and the social environment in which it exists.
the Stakeholder Perspective to CSR is
Social Responsibility
: which Relates to the obligation of business to society.
Ethics
: Ethical issues are most relevant at an individual level, for ethics are maintained by people.
there are three perspective to corporate social responsibility, which include:
1. Economic Perspective
: The responsibility of business is to make a profit within the “rules of the game.” Organizations cannot be moral agents: Only individuals can serve as moral agents.
2. Public Responsibility
: Businesses should act in a way that is consistent with society’s view of responsible behavior, as well as with established laws and policies.
3. Social Responsiveness
: Business should proactively seek to contribute to and improve society in a positive way.
Customer service is giving assistance to customers on how to best use the product, trouble-shooting any issues, and ensuring they had a great buying experience. Customer care means how well customers are taken care of while they interact with the brand.
Answer:
There is an opportunity cost to going to the movie and he should leave the movie.
Explanation:
Yes, there is an opportunity cost involved when the person goes for the movie. The opportunity cost will the work that he can do instead of going to the movie. For instance, if the person has the option to study or to watch a movie and he chooses the movie then the opportunity cost is the study. Moreover, he should leave the movie because it is terrible and if he does other work by leaving the movie then he will be benefited because the opportunity cost of doing other work will be lower.
Answer:
Prepare a single-step income statement for the year ended December 31, 2020
Explanation:
SUNLAND CORPORATION
Inconme statement
For the year endend December 2020
Revenue
Net Sales 2.425.800
Interes Revenue 38.200
Total Revenue 2.464.000
Expenses
Cost Of goods 1.458.200
Administrative expenses 212.600
Selling xpenses 282.000
Interes expense 46.400
Tax rate 139.440
Expenses 2.138.640
Net income 325.360
Shares issued 70210
Earning p/share 4,63
Answer:
a. We need more information to answer
Explanation:
In order to correctly answer his question we need more information. Economy is all about the margin, i.e. marginal revenue versus marginal cost. We are given the marginal revenue ($20/hr of tutoring services) but we are not given the marginal costs of tutoring. We only know that the cost of tutoring the first hour is $14, but what about the rest of the hours. Since you have 5 clients, you must be tutoring more than 1 hour per day. It is always easier to determine the marginal revenue since we determine it, while we cannot determine which costs we would like to incur.
Profits should be maximized when marginal revenue = marginal cost, but unless we know the marginal cost of tutoring the rest of the students we simply cannot answer this question.
