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AleksandrR [38]
3 years ago
10

Many businesses today appear to have some type of corporate social responsibility edict. When might the need for social responsi

bility conflict with the need to maximize profits? When the needs conflict, how should an organization decide which path to pursue?
Business
1 answer:
scoundrel [369]3 years ago
7 0

According to Kenneth Goodpaster and John Mathews, authors of the manifesto "Can a corporation have a conscience?" Addressed this paradox by formulating an apparent dilemma: multinational companies are so powerful that it is dangerous for them to interfere in social and political issues, but it is also important that they dedicate only to maximize your earnings. For both, the conclusion is that is entering social and political issues companies have certain possibilities to increase their profits, they will simply do so.

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What type of management decision was involved when Toyota Motor Co. announced a recall of millions of units of its cars because
Levart [38]

Answer:

non-programmed decision

Explanation:

Based on the information provided it can be said that the type of management decision that is being described is known as a non-programmed decision. This is a decision that are rare and lack strict guidelines for how they should be made or handled. They usually occur in dire situations and are made out of desperation to reach a solution to a major problem as quickly as possible.

3 0
4 years ago
Consultant susan wheelan encourages appointed leaders to adjust their leadership style to the group's:
brilliants [131]

Answer:

The correct answer is stage of development.

Explanation:

Leadership is a process, not a punctual act. A person does not go from having little impact on others to having a great influence from one day to another, it takes an evolution and especially the necessary step through the 4 stages of leadership.

When we analyze the different types of leaders that have an impact, we realize what kind of steps they have taken to get there, what different phases they have had to go through and what their evolution has been. This model helps us to contextualize the place in which a person is and what the next steps would be to improve their leadership capacity.  

Stage I. Depend on other people

Stage II: Individual and independent contribution

Stage III Contribution through others

Stage IV: Leadership through a vision

3 0
3 years ago
A company's strategy is a "work in progress" and evolves over time because of the Select one: a. frequent need to modify key ele
Artemon [7]

Answer: d. The ongoing need of company managers to react and respond to changing market and competitive conditions

Explanation:

As market changes and becomes more competitive, there is need to ensure that partially finished goods awaiting completion(work in progress) are completed.

6 0
4 years ago
For each of the following unrelated situations, calculate the annual amortization expense and prepare a journal entry to record
Montano1993 [528]

Answer:

(a) Debit Amortization expense - Patents for $43,750; and Credit Patents for $43,750.

(b) Debit Amortization expense - Patents for $5,230; and Credit Patents for $5,230.

(c) Debit Amortization expense - Franchise for $14,000; and Credit Franchises for $14,000.

Explanation:

(a) A patent with a 10-year remaining legal life was purchased for $350,000. The patent will be commercially exploitable for another eight years.

Annual amortization expenses = Purchase cost of the patent / Number of commercially exploitable years = $350,000 / 8 = $43,750

Therefore, the journal entries will look as follows:

General Journal

<u>Description                                             Debit ($)            Credit ($)    </u>

Amortization expense - Patents             43,750

Patents                                                                                43,750

<u><em>(To record patent amortization.)                                                           </em></u>

(b) A patent was acquired on a device designed by a production worker. Although the cost of the patent to date consisted of $52,300 in legal fees for handling the patent application, the patent should be commercially valuable during its entire remaining legal life of 10 years and is currently worth $400,000.

Annual amortization expenses = Legal fees / Remaining legal life = $52,300 / 10 = $5,230

Therefore, the journal entries will look as follows:

General Journal

<u>Description                                             Debit ($)            Credit ($)    </u>

Amortization expense - Patents             5,230

Patents                                                                                 5,230

<u><em>(To record patent amortization.)                                                           </em></u>

(c) A franchise granting exclusive distribution rights for a new solar water heater within a three-state area for five years was obtained at a cost of $70,000. Satisfactory sales performance over the five years permits renewal of the franchise for another three years (at an additional cost determined at renewal).

Annual amortization expenses = Cost of acquiring the franchise / Number of years acquired = $70,000 / 5 = $14,000

Therefore, the journal entries will look as follows:

General Journal

<u>Description                                             Debit ($)            Credit ($)    </u>

Amortization expense - franchise           14,000

franchise                                                                               14,000

<u><em>(To record franchise amortization.)                                                           </em></u>

4 0
3 years ago
What are key tests of controls / substantive tests for sales? what are you trying to validate? g?
drek231 [11]
<span>Tests of controls and substantive tests for sales are types of tests used in an auditing system. The auditor is attempting to validate whether or not financial statements can be legitimized or whether or not they have failed in legitimacy. Tests of controls can include examining documents, whereas substantive tests include a test that looks for mistakes in financial balances or statements.</span>
6 0
3 years ago
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