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madam [21]
3 years ago
6

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. <u>all stakeholders</u>.

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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Job enlargement involves giving additional responsibilities, whereas job enrichment refers to __________.
AnnZ [28]

Job enlargement involves giving a employee a large element of a complete task via horizontal loading. The additional work is on the equal talent level and duty of the authentic job.

Job enrichment involves an increase in the degree of duty for planning and coordination via vertical loading.

<h3>What is the distinction between job expansion and enrichment?</h3>

The distinction between job enrichment and job expansion is first-class and quantity. Job enrichment capability improvement, or an expand with the help of upgrading and development, whereas job expansion potential to add extra duties, and an improved workload.

<h3>What is horizontal growth of job?</h3>

Job enlargement entails combining more than a few activities at the equal level in the enterprise and adding them to the existing job. It is additionally referred to as the horizontal growth of job activities.

Learn more about job enlargement here:

<h3>brainly.com/question/14840026</h3><h3 /><h3>#SPJ4</h3>
3 0
1 year ago
Exercise 8-3
7nadin3 [17]

Answer:

(a) Prepare the entries to record sales and collections during the period.

  • It had net credit sales of $800,000  

Dr Accounts receivable $ 800,000

Cr Sales $ 800,000

  • Collections of $763,000.

Dr CASH $ 763,000

Cr Accounts receivable $ 763,000

(b) Prepare the entry to record the write-off of uncollectible accounts during the period.

  • It wrote off as uncollectible accounts receivable of $7,300  

Dr Allowance for Uncollectible Accounts $ 7,300

Cr Accounts receivable $ 7,300

(c) Prepare the entries to record the recovery of the uncollectible account during the period.

  • However, a $3,100 account previously written off as uncollectible was recovered before the end of the current period.  

Dr Accounts receivable $ 3,100

Cr Allowance for Uncollectible Accounts $ 3,100

(d) Prepare the entry to record bad debt expense for the period.

  • Uncollectible accounts are estimated to total $25,000 at the end of the period.  

Dr Bad Debt Expense $ 20,200

Cr Allowance for Uncollectible Accounts $ 20,200

Explanation:

If the company applies the allowance method, it means that the account Allowance for Uncollectible Accounts must show as balance the estimated value of $25,000

Because the company already has a CREDIT balance in the Allowance for Doubtful Accounts it's necessary to register an entry that complement the existing value and reflect the estimated value, $ 20,200  

Bad accounts are those credits granted by the company and there is no possibility of being charged.

When customers buy products on credits but the company cannot collect the debt, then it's necessary to cancel the unpaid invoice as uncollectible.

One way is to directly cancel bad debts at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount, less assets

The other way is to determine a percentage of the total amount of accounts receivable as bad debts, there are many ways to analyze accounts receivable and calculate the value of bad debts.

When the company has the percentage of uncollectible accounts, the required journal entry is Bad Expenses (debit) with Reserve for Bad Accounts (credit)

At the time of cancellation, since the expenses were recognized before, we only use the Allowance for Uncollectible Accounts (Debit)  with accounts receivable (credit), with this we are recognizing the bad credit of the company.

7 0
3 years ago
Empirical evidence from 1960 to 2010 shows that convergence in economic growth is occurring in which of the following cases?
kaheart [24]

Answer:

Correct Answer:

c. Low-income developing countries are catching up to high-income industrial countries.

Explanation:

The evidence which shows that low income developing countries are catching up to high-income industrial countries could be found in the series of developmental strides made by some countries like Rwanda, Kenya, Tanzania, Indonesia, Vietnam etc over the years. <em>Most of their achievements is at par with most European countries in different sectors such as educational, and social sectors.</em>

7 0
3 years ago
With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combinati
Taya2010 [7]

Answer:

A) Total revenue = 400 loaves of bread x $2 per loaf of bread = $800

B) Total economic costs = (5 units of labor x $40 per unit of labor) + (7 units of land x $60 per unit of land) + (2 units of capital x $60 per unit of capital) + (1 unit of entrepreneurial ability x $20 per unit) = $200 + $420 + $120 + $20 = $760

C) Economic profit or loss = total revenue - total economic costs = $800 - $760 = $40

8 0
3 years ago
A marketing manager instructs his team to make 80 telephone calls to attempt to sell an insurance policy. The random variable in
Serggg [28]

Answer:

A) discrete random variable.

Explanation:

Discrete random variables can assume only a finite number of values, and their combined total probabilities must equal 1.

On the other hand, continuous random variables can take any value with an interval or collection of intervals, which means that the possible values are infinite.

A complex random variable is a combination of two real random variables that have rel and imaginary parts.

8 0
2 years ago
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