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ikadub [295]
3 years ago
5

The company that Don owns, the Ardmore General Store, is a family-owned company that has been in business for more than 100 year

s. Don wants to give back to the people of the community to acknowledge their role in the store's success. He decides to donate a significant portion of the store's profits to a charity every year. Don's decision is an example of ________ in action.A. corporate social responsibilityB. corporate governanceC. a code of ethicsD. economic responsibilityE. legal responsibility
Business
1 answer:
nadya68 [22]3 years ago
5 0

Answer:

The answer is A. corporate social responsibility

Explanation:

Corporate Social Responsibility is a commitment by a business to behave ethically and contribute to economic development while improving the quality of life of its workforce and society as a whole.

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Mount Snow Inc. operates a Rocky Mountain ski resort. The company is planning its lift ticket pricing for the coming ski season.
Ray Of Light [21]

Answer:

Mount Snow Inc.

a. Mount Snow would emphasize cost-plus pricing and not target costing.  The target costing considered the investors expected returns on investment.  Based on the target returns, customers were then charged any fee to meet the target profit, including all other costs.  Now that Mount Snow is a price-taker, it cannot meet the target returns.  It can only work with the cost-plus pricing strategy in order to rein in its costs.

b. As a price-taker, Mount Snow cannot charge more than $66.  It should charge $66.

Explanation:

a) Data and Calculations:

Investors expected return on investment = 15%

Cost of investment = $115,000,000

Ski Season's Fixed costs = $43,500,000

No of skiers and snowboarders served = 900,000

Variable costs per guest = $10

Charges by other resorts in the vicinity = $66 per lift ticket

Total expected revenue              $59,400,000 ($66 * 900,000)

Total variable costs =  $9,000,000

Fixed costs =               43,500,000

Total costs =                                 $52,500,000

Profit =                                            $6,900,000

Target profit =                               $17,250,000 ($115,000,000 * 15%)

8 0
3 years ago
Trying to solve every problem on your own shows that you are responsible true or false
Tanzania [10]

Answer:

True

Explanation:

What kind of question is this?

4 0
2 years ago
Read 2 more answers
Firms that strive for mindshare think not about the speed of an individual products development and launch, but rather about cre
Pie

Answer:

A) True

Explanation:

4 0
3 years ago
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Suppose that a mortgage bank locked in an interest rate for a prospective borrower at 8.5%. However, prior to the loan closing,
m_a_m_a [10]

Answer:

Reinvestment risk

Explanation:

The mortgage banker would be most concerned about reinvestment risk, among other risks. Reinvestment risk relates to the inability to earn an original interest rate on an investment from periodic cash flows from the investment, thus limiting the overall rate of return on the investment.

In the question, since market mortgage rate has declined to 7.5%, the mortgage bank would have to reinvest the amount repaid from the original borrower at the new market rate, which is 1% lower than the ruling rate when the original borrower took the loan.

The problem would be compounded if the cost of funding to the mortgage bank was, for instance 8%. If that was the case, on the original loan, the mortgage bank was earning a (8.5% less 8% cost of funding =) 0.5% on the loan. However, due to the decline in market rates, the mortgage bank would have a cost of 8% compare to a market rate of 7.5% it would earn, thus resulting in a negative return of 0.5%.

3 0
3 years ago
When preparing a speech introduction, you should usually?
Scrat [10]
When preparing a speech introduction, you should usually preview the main points to be discussed in the body, gain the attention and interest of your audience, and <span>establish your credibility on the speech topic. This means that the correct answer is all of the above.
It is important that your introduction is interesting, presents everything you want to talk about, and convinces your audience why they should believe you.
</span>
3 0
3 years ago
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