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Sphinxa [80]
3 years ago
10

Blue Inc., a highly profitable consumer goods manufacturing company, invests in a number of social responsibility initiatives th

at in turn generate profit for the company. Which feature of corporate and social performance is illustrated in the given scenario?​
Business
1 answer:
rewona [7]3 years ago
5 0

Answer:

Virtuous Circle

Explanation:

Virtuous circle occurs when one good events feeds on itself to improve business further. In the question, blue inc. invested in social responsibilities initiative (a good event) which on turn generated profits for the company (improved the business), probably by the event leading them to having more loyal customers.

It is a self propagating advantageous situation in which a successful solution or events leads to more desired results or success. It creates a positive feedback loop, creating goodwill with the customers.

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The process begins when a customer steps into line and ends when the customer receives the receipt and leaves the store. The pro
Leona [35]

Answer:

Business process

Explanation:

Business processis defined as a set of related and structured activities by people that involves a specific sequence that is aimed at producing a product or service.

For Ecole receiving orders, processing invoices, shipping products, and setting a marketing budget.

Business processes are fine tuned over time to increase efficiency and productivity.

Business processes are standardised per business and they make them unique to give a competitive advantage.

7 0
3 years ago
Read 2 more answers
In 2021, management discovered that Dietlikon Production had debited expense for the full cost of an asset purchased on January
RoseWind [281]

Answer:

The correct answer is Option B.

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($36,000,000 - $0) / 5 years = $7,200,000 yearly depreciation expense.

Accumulated depreciation expense by straight-line in 2021 will be (3 years):  $7,200,000 x 3 years = $21,600,000.

The correcting journal entries will be:

Debit Fixed asset cost $36,000,000

Credit Operating expense $36,000,000

<em>(Reversal of wrong posting)</em>

Debit Depreciation expense $21,600,000

Credit Accumulated depreciation $21,600,000

<em>(Being depreciation charge for 3 years)</em>

8 0
3 years ago
Suppose Ruston Company has the following results related to cash flows for 2017:
Salsk061 [2.6K]

Answer &  Explanation:

+700,000 Loan

-500,000 Dividends paid

+200,000 Other adjustment

Cash flow generated from financing activities 400,000

-8,300,000 Purchase of equipment

+500,000 Other adjustment

Cash flow      used     in     investing activities 7,800,000

5 0
3 years ago
Toby has lost valuable data on his computer a number of times due to system crashes caused by viruses. He decides to invest in a
3241004551 [841]

Answer:

d. license

Explanation:

Software license -

It refers to the legal information , that claims for the usage of the particular softwares , is referred to as software license .

Using any software without the proper license , is an illegal practice .

All the software consists of a copyright protection , which disables the people from illegally copying or using the software .

Hence , from the given scenario of the question ,

The correct answer is d. license .

5 0
3 years ago
Which statement about compensation is accurate? Question 28 options: a) The gap between executive and employee pay has been shri
yuradex [85]

Answer: Housing allowances are part of the compensation package in many places

Explanation:

Compensation is the total cash and the non-cash payments which are given to employee in exchange for work done. Compensation is not an employee's regular paid wages but rather, it includes other forms of wages and benefits.

While different companies use different compensation packages, the common compensation plans are housing allowance, vacations, spousal employment help, help paying taxes etc.

The most accurate compensation plan given above is that housing allowances are part of the compensation package in many places.

3 0
3 years ago
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