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3 years ago

Social responsibility is the conscious effort to operate in a manner that creates a win-win situation for _______.

Business

1 answer:

Lera25 [3.4K]3 years ago

6 0

Answer:

Social responsibility is the conscious effort to operate in a manner that creates a win-win situation for all b. all stakeholders.

Explanation:

Social responsibility of a business refers to it's responsibilities towards society at large which means contributing to social welfare like providing amenities such as drinking water and sanitation.

A Business operates under social bounds. So it owes a responsibility to the society.

Stakeholders of a business include:

Customers
Suppliers
Employees
Shareholders
Owners

So a business should discharge it's social responsibility by operating in such a manner which is conducive for each of those stakeholders who represent the society, which creates a win-win situation for those representatives of the society.

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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning invento

lakkis [162]

Answer:

Ending inventory cost= $5,556.92

Explanation:

Giving the following information:

Mar. 1 Beginning inventory 900 $ 7.26

Mar. 10 Purchase 520 7.76

Mar. 16 Purchase 452 8.36

Mar. 23 Purchase 510 9.06

Units sold= 1,760

Under the FIFO (first-in, first-out) method, the ending inventory is calculated using the costs of the last units incorporated into inventory:

Units in ending invnetory= 2,382 - 1760= 622

Ending inventory cost= 510*9.06 + 112*8.36

Ending inventory cost= $5,556.92

3 0

2 years ago

Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never:

Leya [2.2K]

Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never maintained a physical trading location where dealers meet to trade securities.

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3 years ago

Bros Co. expects its EBIT to be $100,000 every year forever. The firm can borrow at 11 percent. Bruce currently has no debt, and

Liula [17]

Answer:

WACC=17.15%

Explanation;

MV of equity=EBIT8(1-t)/Ke

MV of equity=100,000*(1-.31)/.18=$383,333

Total value of the firm=Market value of equity+present value of tax savings on interest

Total value of the firm based on EBIT= $383,333+.31*61,000

Total Value of the firm=$402,243

Keg=Keu+(Keu-Kd)*D/E*(1-t)

where Keu= cost of equity of un-geared company=18%

Keg=cost of equity of geared company=?

Kd=cost of debt=11%

Keg=.18+(.18-11)*61,000/(402,243-61,000)*.69

Keg=.18+.0086

Keg=18.86%

NoW revised WACC will be

WACC=Keg*MV of equity+Kd(1-t)*cost of debt/(total value of firm)

WACC=.1886*(402,243-61,000)+.11(1-.31)*61,000/(402,243)

WACC=17.15%

5 0

3 years ago

Categories the following into Market economy and Non-market economy.

Umnica [9.8K]

Answer:

Market economy:

2. The invisible hand guides resources to their highest valued uses

4. Prices are sey by supply and demand

6. Buyers and sellers are motivated by self-interest

Non-market economy:

1. Prices are set by government agencies

3. Buyers and sellers are motivated by government directives

5. Buyers and sellers are motivated by a sense of communal well-being

Explanation:

On the one hand, the concept of market economy refers to a type of economy system that basically indicates that the market will find the equilibrium and work properly without the help of the government and therefore it establishes that the economy does not need from the figure of the government and that this last one must worry only about the other issues that do not include the economy.

On the other hand, a non-market economy like its name indicates, it refers to the type of system that do consider that the presence of the government is very important for the correct system of the economy and all of its factors regarding the market. Therefore that this type of system approves the planning of the economy from the government without discussions.

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3 years ago

The gap in ease of access to technology is known as the ________ divide. internet web digital technology

neonofarm [45]

The gap in ease of access to technology is known as the digital divide. This is the gap of the access to modern information and communications technology of the different regions and countries. Some countries even have restricted access to some information.

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3 years ago

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