Explanation:
The statement is true.
Corporate responsibility is a concept that is no longer justified merely as a means for companies to exercise altruism, but rather as a means of achieving competitive advantage.
The concept emerged in the 70's as a means that companies should also act as transformers of society, that is, they should actively contribute to the reduction of ethical, legal, social and environmental problems, in order to adopt positive posture and actions. and beneficial to society.
In the information age, the relationship of the individual with organizations has evolved, and society is more charged for companies to exercise corporate governance, based on transparency and ethical and legal principles.
It must be performed at all organizational levels, and understand the external organizational environment, in compliance with legal and ethical standards.
The benefits from the practice of corporate responsibility are many, and exert strategic character that translate into competitive advantages, the company's image is strengthened, the perception of stakeholders increases, there is increased investment in the company, the compliance of organizational practices lead to improvement. continuous and others.
Answer:
Net Present value of Project is $9,890
Explanation:
Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.
Net Present Value of Property is $9,890
Workings are made in an MS Excel file, which is attached with this answer. please find it.
If after preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $25,000. the entry to close the income summary account will be: a debit of $25,000 to owner capital.
<h3>Income summary</h3>
The debit balance of the amount of $25,000 in the income summary indicate that the company expenses is higher than the revenues generated by the company by $25,000.
Based on this the loss incurred will be taken out of the company owner's equity account by reducing it through a debit entry.
Therefore the income summary account has a debit balance of $25,000. the entry to close the income summary account will be: a debit of $25,000 to owner capital.
Learn more about income summary here:brainly.com/question/24498019
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<u>Answer: </u>Natural unemployment
<u>Explanation:</u>
Natural unemployment always exists even in a healthy economy this is because the people keep changing their jobs and they even leave the current job in search of the new ones. Natural unemployment also includes other types of unemployment such as seasonal, structural and frictional unemployment types.
Also some people might possess skills that are not necessary in the labor market. The natural unemployment is still in the economy even when there is technological advancement, industry expansion. New labor forces enter into market every year and people search jobs for better opportunities.
Answer:
A). A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans.
Explanation:
Multiple regression is elucidated as the statistical technique employed to determine the association between two or more dependent or response and independent/explanatory variables.
As per the question, the multiple regression can be employed in the first situation where 'a real estate company wishes to forecast the probable sales of construction on the basis of....loans.' Multiple regression analysis would help in representing the linear relationship between these two variables that helps in ensuring effective analysis and making predictions and ensuring optimum output. Thus, <u>option A</u> is the correct answer.
