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Delvig [45]
3 years ago
6

Discuss how the following socio economic issues can be a challenge to social responsibility:

Business
1 answer:
natta225 [31]3 years ago
5 0

Unemployment, poverty and human rights are obstacles in the formation of social responsibility.  This greatly prevents a person to  be able to develop social responsibility.  Having a job teaches a person the value of responsibility.  It also enables him to stand on his own two feet and later encourages him to do a bigger role in society.  If a person is financially secure and have rights then that person can do more for society.

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Why do globalization and increasing interdependence pose risks to the global
oksian1 [2.3K]

Answer:

B.Disruptions in one place have effects everywhere is the correct answer.

Explanation:

Globalization and increasing interdependence have increased competition among the local and international business and because of advancement in globalization, the countries are dependent on each other to get resources that created an interdependence.

As the countries to run their business are interdependent on the countries and when there is any disruption in the one place it will have its impact everywhere as they are dependent on each other for the resources due this global economy gets affected.

Globalization and increasing interdependence has also unfavorable effect on the local economies.

7 0
3 years ago
Shelly is undergoing the six-step process for establishing prices for a newly launched product. She has just finished assessing
liubo4ka [24]

Answer:

Evaluation of competitors price

Explanation:

Shelly must benchmark her product's price against its direct competitors, how often they offer discounts or promotions, etc. She should also evaluate differences in product quality, and if possible, she should try to get information about her competitors' costs.

Are you offering a high quality, medium quality or low quality product? Is your price correct according to what the competition offers? Or is it too high or too low? If so, why is it too high? It it's too low, it is always easier to increase the price but decreasing it may b difficult.

Depending on what type of product you want to sell and the relationship that your company has with retailers, the distribution costs can affect your final price. For example, some companies make special deals with some retailers to give them exclusive rights to sell their products at a certain price that tends to be much lower than their competitors'.

4 0
3 years ago
Department a had 5,000 units in work in process that were 60% completed as to labor and overhead at the beginning of the period;
mezya [45]
The answer for Equivalent units for the period will be calculated as follows under FIFO
1. Units from beginning work in process:  calculate this as beginning work in process units x (100% – given % complete) to calculate the amount of additional work needed to make the unit 100% complete.2. Units in progress and completed this period:  take the units x 100% complete since they were started and completed they have received all of their materials, labor and overhead and will not receive any more since they are finished.3. Units in Ending work in process:  take the ending work in process units x a given % complete.

Solution by step:

Equivalent units = 1. (5,000 × 40%) +2. (31,000 – 5,000) (Since there is a beginning work in process deduct this from the units completed) +3. (2,000 × 80%)

= 2000 + 26000 + 1600
Answer = 29,600 units
5 0
4 years ago
Assume you had determined that John Firestone, vice president of Pierce Chemicals, was a prospect for your paper and metal conta
Nuetrik [128]

Answer: Please refer to Explanation.

Explanation:

1. Honesty.

State the purpose of your call to the secretary and sell your product. For instance, " Hello, my name is Mr. Petal and I represent a fast rising Paper and Metal Container company. After researching about your company, I felt it most expedient to get in touch with Mr. Firestone as I believe this is business he will be interested in. We offer perks that are unmatched in the industry".

2. Persistence.

You can be persistent on the phone if you detect deceit in the secretary's tone.

For instance,

" Having been in the chemical industry myself, I know such an opportunity does not come often and I really do guarantee that we give the best benefits in the industry. If you can, just let me talk to Mr. Firestone, I promise that neither of you will regret it".

If it still doesn't work, ask for a convenient time you can call back.

4 0
3 years ago
According to Karl Marx, capitalists really produced all wealth, and the laborers were the recipients of the wealth.
nikdorinn [45]

Answer: false

Explanation:

Capitalists are the business owner who own the means of production such as factories, tools, and raw material, and who are also entitled to any and all profits. The other, much larger class is composed of labor. Laborers do not own or have any claim or priviledge to the means of production, the finished products they work on, or any of the profits generated from sales of those products. They work only for wages making this kind of system according to Marx an uneven arrangement, capitalists exploit workers. Capitalist do not produce all the wealth and the laborers are exploited

3 0
3 years ago
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