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2 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]2 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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Intercontinental Inc., uses a periodic inventory system. At the end of Year 2, the account records provided the following inform

densk [106]

Answer:

Intercontinental Inc.

The amount of ending inventory is = $16,380

The cost of goods sold is = $37,810

Explanation:

a) Data and Calculations:

Units Unit Cost Total Cost

Inventory, December 31, Year 1 1,830 $ 6 $10,980

For Year 2: Purchase, March 21, Year 2 6,200 $ 5 31,000

Purchase, August 1, Year 2 4,070 $ 3 12,210

Total cost of inventory 12,100 $54,190

Inventory, December 31, Year 2 2,910 16,380

Cost of units sold 9,190 $37,810

Cost of ending inventory, 2,910

= 1,830 at $6 = $10,980

1,080 at $5 = 5,400

2,910 = $16,380

Cost of goods sold = Cost of inventory available minus the cost of ending inventory

= $54,190 - $16,380

= $37,810

6 0

1 year ago

A company borrowed cash from the bank and signed a 6-year note at 7% annual interest. The present value for an annuity (series o

nikklg [1K]

Answer:

Explanation:

Present value of note = Annual payment x present value annuity factor

Annual payment = 8,400

PVAF = 4,7665

= $ 8,400 x 4.7665

= $ 40,038.60

So, the present value of note is $ 40,038.60

5 0

2 years ago

Cynthia hamilton is launching a chain of smoothie restaurants. among cynthia's key partners will be firms that provide her the i

Ivan

The answer is suppliers

7 0

2 years ago

Which of the following statements is true of simulated market testing?

mario62 [17]

Answer:

The correct answer is letter "B": It is used to monitor shopper behavior to assess a product's performance.

Explanation:

Simulated Test Marketing or STM is a simulation of a real market place to evaluate consumers' reactions to a product that is going to be introduced or that is already in the market but some sort of assessment is necessary to boost its sales. STM is useful to estimate demand and conduct a market analysis.

3 0

2 years ago

The manager at Vertical Wire Productions reported total sales revenue of $800,000. The variable expenses were $600,000, and ther

Brilliant_brown [7]

Answer:

$BEP_{dollars} = 500,000$