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krok68 [10]
1 year ago
10

What is corporate social performance and how does this differ from traditional corporate performace?

Business
1 answer:
Mice21 [21]1 year ago
4 0

Corporate social performance refers to the tenets, practices, and results of a company's interactions with individuals, groups, and the environment, including both the intentional and unforeseen effects of those interactions.

<h3>Why is corporate social performance important?</h3>

According to research, CSR enhances the value of the product, and customers are more likely to be motivated to increase the perceived value and degree of pleasure with the products provided by socially responsible businesses than by those that are not.

Corporate social responsibility is a related idea (CSP). Most of the time, CSP is a development of the idea of CSR that places an emphasis on actual results obtained rather than the generic idea of corporations' accountability or obligation to society. CSP follows naturally from CSR as a result.

A corporation engages in corporate social responsibility (CSR) when it goes above and beyond the law's requirement that it only pursue financial gain and takes measures that benefit society as a whole.

Learn more about corporate social performance here:

brainly.com/question/14726498

#SPJ4

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The potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill
leonid [27]

Counterparty risk is the potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill its obligations under any contract.

Given an incomplete sentence related to potential exposure of the contract.

We are required to fill the blank with the appropriate word which means that the potential exposure that any individual bears that the second party to any financial contract will not be able to fulfill its obligations under a contract.

The appropriate word is counterparty risk.

Counterparty risk is basically the probability that the other party in an investment, credit,or trading transaction may not fulfill its part of the deal and may default on the contractual obligations.

Hence counterparty risk is the potential exposure that any individual firm bears that the second party to any financial contract will be unable to fulfill its obligations under any contract.

Learn more about contract at  brainly.com/question/5746834

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8 0
1 year ago
The key to setting a price for a product is finding an approximate price level to use as a reasonable starting point. Four commo
noname [10]

Answer:

Profit oriented

Explanation:

Price level is the approach which is referred to as the purchasing power of money. This is analyzed by the basket of goods approach, in which the consumer grounded goods and services are examined in total.

There are 4 usual approaches for finding the approximate price level for the service or product, and that are competition-oriented pricing., cost oriented, demand oriented and profit oriented.

4 0
3 years ago
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
Lesechka [4]

Creating an emergency fund should be a top priority, because you need to have extra money in case an emergency comes up that requires money.

7 0
2 years ago
Read 2 more answers
Which financial statement shows a company's profits or losses over a period of time?
fomenos

The Profit and Loss Statement.

This shows profits and losses over a set period of time.

6 0
3 years ago
Suppose Winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. One
arsen [322]

Answer:

$4,000

Explanation:

Implicit cost is the cost which is an income foregone internally, that is not the exact opportunity cost, here opportunity cost is salary foregone, that is $60,000.

But implicit cost would be $4,000 if the financial assets are now used in business, and are not left as they are.

Implicit cost is internally generated opportunity cost.

Since here he outlays, $8,000 let us say these were used earlier as financial assets to generate revenue, now $4,000 would be considered as implicit cost, that is earlier generated revenue from internal funds.

Final Answer

$4,000

5 0
3 years ago
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