Answer:
The company provides micro financial services to poor and the needy people having no access to regular banking services
This helps to boost small businesses and financial inclusion which are heart of any economy and vital to the economy and promoting growth.
Possible measures taken by the organization includes providing funds for at lower interest rates and providing credit services. Subsidized credit to deficient areas increases productivity and employment growth by means of boosting the small and medium-sized enterprises.
This may work in poor communities in United States. However in united schemes there are lots of other governmental schemes such as coupons, free food etc program are already running.
However, these programs are also carrying a potential here. But there potential is much greater in poor countries having less developed banking and financial reach.
Explanation:
Answer:
For both 10,000 units and 20,000 units, the best alternative is Vendor B
Explanation:
Using the information provided in the question, we can write the following:
Annual Volume of 10,000 units
Internal Alternative 1
Variable costs = 170,000 (we multiply the variable cost per unit by total units)
Fixed costs = 20,000
Total costs = 370,000
Internal Alternative 2
Variable costs = 140,000
Fixed costs = 240,000
Total costs = 380,000
Vendor A
Total cost = 200,000 (we simply multiply the price by the quantity)
Vendor B
Total cost = 180,000
Vendor C
Total cost = 190,000
The cheapest option is Vendor B
Now for the 20,000 units:
Internal Alternative 1
Variable costs = 340,000
Fixed costs = 200,000
Total costs = 540,000
Internal Alternative 2
Variable costs = 280,000
Fixed costs = 240,000
Total costs = 520,000
Vendor A
Total cost = 400,000
Vendor B
Total cost = 360,000
Vendor C
Total cost = 380,000
Therefore, Vendor B is once again, the cheapest alternative.
The organization will continue to try to balance profit and social goals.
The primary reasons why companies are in business is to make profit. However, a company must be responsible in terms of performing corporate social responsibility to the community where it operates.
Contributing to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented is what is meant by corporate social responsibility.
However, where an organization is faced with heavy losses, it must continue to balance profit and social goals. When the company makes profit, then salaries will be paid, social goals will be fulfilled.
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Answer:
It is an act of theft and conversion of property that is not her own. However it is not intentional
She should not be convicted
Explanation:
Embezzlement is defined as the intentional managemnet of.funda that are put in the care of a person. This is done in order to have a personal gain from the management.
It is when an individual engages in theft of entrusted funds.
In the given scenario although the cash fell into her bag, she did not intentionally take the money for personal gain.
As this is the main concept of embezzlement, she can't be held guilty of embezzlement
Answer: C) To require public companies to document and verify their internal controls.
Explanation:
The Sarbanes-Oxley Act was passed in the year 2002 and represented an unprecedented increase in influence of the Government on the activities of public companies.
Passed in the aftermath of several financial scandals such as the Enron and Worldcom scandals, SOX as it is usually referred to, aimed to make companies more accountable for their actions by amongst other things, requiring that they document and verify their internal controls and made it the responsibility of senior management to ensure that it was done.
