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tresset_1 [31]
3 years ago
8

After being stagnant for a few years, a clothing company started making profits consistently. Following this, the CEO of the com

pany decided to contribute to the growth of the community by starting an apprenticeship program in tailoring. The program involved providing training to a batch of ten uneducated, underprivileged people free of cost every year. In this scenario, the company's gesture exemplifies _____.
Business
1 answer:
Pachacha [2.7K]3 years ago
8 0

Answer:

The gesture exemplifies its social responsibility.

Explanation:

The social responsibility of an organization is the contribution that it makes to the society because the soiety has made it what it is today. Because the society has contributed to its success, the company must contribute to the society as well. The helping of underprivileged people for free who are part of the society is an evidence that ht company knows its responsibilities towards the society and is an example of corporate social responsibility.

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Positioning relies upon the communication of one or more sources of value to customers in a way that the customer can easily mak
Vikki [24]

Answer:

The answer is C. The customer's needs and wants and what the product has to offer

Explanation:

Positioning is much of a psychological process as much as it is marketing. To position the product as a useful, valuable product in a memorable way in the mind of the customer, we have to join the customer needs with what the product has to offer.

8 0
4 years ago
Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank
Daniel [21]

Answer: d. 0.91%

Explanation:

Farmers Bank

Effective annual rate is calculated with the formula:

= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1

= ( 1 + 5%/4 quarters) ⁴ - 1

= 5.09%

Merchants bank's rate is already an annual figure so there is no need for conversion.

Difference is:

= 6% - 5.09%

= 0.91%

4 0
3 years ago
Your project is almost complete when a team member notifies you she has added extra functionality to the product of the project,
Ierofanga [76]

There are a lot of constraint in business. What one should do as a result of this change is to Understand what functionality was added.

<h3>What are change control processes?</h3>

Change control is known as the process where all requests to change the approved parts of a project, program or portfolio are put or place into, looked or evaluated and then it is approved, rejected or deferred.

By understanding what functionality was added, one can make the best possible decision.

See the options below

Issue an approved change request.

Instruct the team member to remove the extra functionality.

Implement change control processes to track the change.

Understand what functionality was added.

Learn more about constraint in business from

brainly.com/question/6966983

3 0
3 years ago
Who would you consider society's stakeholders.
lina2011 [118]
I would consider society stakeholders because their aim is to maximize positive impacts and minimize negative ones
5 0
3 years ago
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information i
PtichkaEL [24]

Answer:

Net Cash Flow from Operating Activities = $155,000

Explanation:

<u>               Cash flow from Operating activities:           </u>

<u>Particular                                                        Amount  </u>    

Income During the year                         $57,000  

Adjustments :    

Depreciation                                                   $30,000  

Changes in Current assets and liabilities:    

decreased in Accounts receivable           $35,000  

decreased in Inventory                                   $10,000  

increased in Accounts payable                   $23,000  

Net Cash Flow from Operating Activities   $155,000  

Note: Dividend paid compute under financing activities.

4 0
3 years ago
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