Stone criticizes the agency argument against corporate social responsibility because:

Business

1 answer:

Digiron [165]3 years ago

7 0

Stone criticizes the agency argument because of the following reasons:

1.The law does not hold that directors are mere agents of the shareholders

2. In the real world, the shareholders do not select the directors
3. Why should the directors have more moral accountability to the shareholders than to other people

You might be interested in

A good system of internal controls requires that the physical custody of assets be separated from the accounting for those asset

snow_tiger [21]

The answer to the question above is letter B, False. Safeguarding assets and records is not the "concept" termed for the physical custody of assets be separated from the accounting for those assets but it is the objective of the internal controls itself that with separation of records keeping from the custody over asset is intended to reduce fraud issues.

3 0

4 years ago

Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi

Kryger [21]

Answer:

The correct answer is option d.

Explanation:

If the government provides subsidies to home construction company it will reduce their cost of producing homes. So at the earlier cost, they will be able to provide more homes. This will cause the supply of homes to increase. This will cause a rightward shift in the supply curve.

At each price, the number of homes supplied by the companies will increase.

8 0

3 years ago

Talia, a project manager, estimates that a project will take a year to complete. She gets the estimation approved, although it i

Advocard [28]

Answer:

The correct answer is: the planning fallacy.

Explanation:

The planning fallacy is the paradox referring to projecting the length it will take to accomplish an objective longer than what it could take. The mistaken assumption happens because individuals tend to compare the time it will take them to reach their objectives with the time it took others to achieve the same goals.

6 0

3 years ago

Suppose that Greece and Switzerland both produce beer and olives. Greece's opportunity cost of producing a crate of olives is 5

Rama09 [41]

<u>Answer: </u>

Out of the following prices, the price of 7 barrels of beer per crate of olives would make the trade beneficial for both Greece and Switzerland.

<u>Explanation: </u>

As we know that in Greece, a single crate of olive costs five barrels of beer. Where on the other hand, in Switzerland, one crate of olive costs ten barrels of beer.
Hence, if Greece agrees on giving one crate of olives on every seven barrels (two barrels more than what it costs in Greece), the trade would be beneficial for Greece.
Similarly, if one crate of olives costs seven barrels of beer instead of ten barrels, the trade would be beneficial for Switzerland too.

3 0

3 years ago

Pepsodent launched a new product that could whiten teeth, fight decay, and maintain fresh breath. Observing that Pepsodent did n

Scorpion4ik [409]

Answer:

flank attack

Explanation:

Based on the scenario being described within the question it can be said that this is an example of a flank attack. This is the marketing strategy that focuses on attacking the different weak points of the competitors in the market. Which is what Colgate is doing by focusing on the one aspect that Pepsodent has not targeted in order to overtake all of their market share on their newly launched product.

8 0

3 years ago

Read 2 more answers