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SIZIF [17.4K]
3 years ago
14

business ethics chapter 4 apart from achieving a social benefit over and above maximizing profits for its shareholders, a corpor

ate social responsibility also requires an organization to meet all its legal obligations true or false
Business
1 answer:
Alika [10]3 years ago
8 0

Answer:

<u>True</u>

Explanation:

Business ethics tell us what is right and wrong, what is fair and unfair , what is good and bad , what is to be done and not to be done .

Business ethics plays a important role in today business world. If a businessman is  not doing work ethically than it is consider as crime.

It is the duty of every business man to follow the ethics , if they do not follow the ethics then they may lose their image in the public. Business is not only responsible towards the shareholder to provide them profit but also towards the government and people. Businessman should follow the legal obligation if he do not do so then he can be in big trouble . The government become strict towards the company . And more government interference in business is not good for the company.

It is the duty of the businessman to work in the guidelines of the government and not to work beyond that . He should not to do any illegal work which is not good for the society .

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Temka [501]
Hey there,
The answer to your question is <span>skunkworks. 

Hope this helps :))

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4 0
3 years ago
A customer has made an investment that pays $20 of interest during its first year and that has appreciated by $250, for a year-e
love history [14]

Answer:

0.2571 or 25.71%

Explanation:

In this case, even though the initial amount invested is not given, it can be found by subtracting the amount by which the investment appreciated of the year-end value:

A = \$1,300 - \$250\\A = \$1,050

The return rate is given by the interest payed added to the amount appreciated, divided by the initial investment:

r=\frac{\$250+\$20}{\$1,050} \\r=0.2571= 25.71\%

The customer's total return is 0.2571 or 25.71%

6 0
3 years ago
Opportunity cost is __
Mariulka [41]

Answer: A.

Explanation:

By definition, opportunity cost is the amount or value of something you gave up for another good.

For example: say you value sleeping in at $5 value going to class at $4. You decide to get up and go to class, the $4 value. Therefore, your opportunity cost is what you gave up (sleeping in) for another good/choice (going to class), is $5 since you valued sleeping in at that.

6 0
3 years ago
Which of the following best describes the term customer contact points? Group of answer choices
kumpel [21]

Answer:

d.a customer interacting with a franchise employee

Explanation:

Customer contact points are avenues through which a company interacts with its customers directly. The modes of interactions include phone calls, written communication, online interactions, or one-on-one customer support.

Many businesses recognize the importance of customer contact points. They invest heavily to ensure that the customer gets a wonderful experience at the contact points.

6 0
3 years ago
On December 31, 2019, Spearmint, Inc., issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. After recording the rela
cluponka [151]

Answer:

Interest expense    18,284.17  debit

Premium on BP        1,965.83 debit

        Cash                                 20,250 credit

Explanation:

procceds 461,795

face value 450,000

premium on bonds payable 11,795

As the cash received exceed the face value then, the bonds were isued at premium.

This will be amortized over the bonds life

3-year bonds with semiannual payment: 6 payment in total

amortization per payment:

11,795 / 6 = 1.965,83

The will post:

the cash disbursement in favor of the bondholder:

450,000 x 9%/2 =  20,250

amortization             (1,965.83)

interest expense:    18.284,17‬

3 0
3 years ago
Read 2 more answers
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