All categories

4 years ago

The role of the CEO in setting the ethical tone for a company is:

Business

1 answer:

Ray Of Light [21]4 years ago

7 0

Answer: Option (C) is correct

Explanation:

CEO is known as the highest-ranking official in an organization, his/her primary responsibilities tend to include making corporate decisions, also managing overall resources and operations of an organization, thereby acting as liaison between board of directors and the corporate operations and also being public face of an organization. The ethical responsibilities of a CEO includes establishing great ethical standards, precisely communicating these standards and thus demonstrating strong and personal commitment to each and every one of them.

You might be interested in

How many types of management are there in business?

jeka94

There are eight types of management in business.

3 0

3 years ago

_____, a key feature of a customer relationship management (CRM) system, has the ability to capture and analyze all customer int

stiv31 [10]

Answer:

Contact management

Explanation:

Customer Relationship Management:

This is simply regarded as some known practices, strategies, and technologies used by companies so as to manage, record, and evaluate customer interactions. It is a tool used to increase sales growth by blessings or taking care of relationships within a company's customer base.

Customer life cycle

This simply shows the increasing steps a customer must pass through when considering, purchasing, using, and maintaining loyalty to a product

CRM captures, stores and analyzes customer data in real-time so the organization can improve processes that is of importance to customer satisfaction and thereafter support them. It helps in carrying out business strategy effectively.

By implementing a CRM system in a company successfully, a company can reduce costs and improve customer satisfaction. Focusing on customer's needs can helps with building of brand loyalty and market growth of the business.

4 0

3 years ago

Alexis Company was started in Year 1. At the end of Year 1 the Company had the following accounting equation.Assets = Liabilitie

swat32

Answer:

Company's assets at the end of Year 2 were provided by creditors = 20%

Explanation:

Calculation of Cash at the end of Year 2

Cash balance at the end of Year 1 $600

Less: Paid off to notes payable ($500)

Add: Earned cash revenue $700

Less: Paid cash expenses ($400)

Less: Paid cash dividend ($100)

Cash balance at the end of Year 2 $300

Notes payable at the end of Year 2 = Beginning balance - Paid off

= $1,000 - $500

= $500

Calculation of Notes Payable at the end of Year 2

Notes Payable at the end of Year 1 $1000

Less: Paid off to notes payable ($500)

Notes Payable at the end of Year 2 $500

Total assets at the end of Year 2 = Cash + Land

= $300+2200

= $2500

Creditors at the end of the Year 2 (Notes payable) = $500

Company's assets at the end of Year 2 were provided by creditors = Creditors * 100 / Total assets

= $500 * 100 / $2500

= 20%

5 0

3 years ago

Which one of the following is not true concerning socializing in the workplace? A. Socializing can keep you from reaching y

postnew [5]

The correct answer is D. Socializing can actually increase productivity. Although socializing outside of work can be productive for the work itself later on, socializing in the workplace can deter you from working and can ultimately be bad for the company. If you're always running around form office to office having fun and not working you're not doing your company a favor.

6 0

3 years ago

1 1.3.2 Quiz: Specialization

Sati [7]

Answer:

B. An artist becomes an expert at designing websites for

restaurants,

Explanation:

Specialization means focusing on one or very few lines of business. It is concentrating on the products or services that a firm or an individual feels they are best suited. Specialization leads to mastery in the trade or craft that one focuses on.

An artist concentrating on designing websites for restaurants becomes an expert in that business. He or she acquires operational efficiency, which brings his production costs down. The artist will be specializing in website designs for restaurants.

8 0

3 years ago