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3 years ago

LO 1.5What is corporate social responsibility, and who are the stakeholders?

Business

1 answer:

Lana71 [14]3 years ago

5 0

Answer:

Corporate social responsibility is really a complex concept which, relating on the company or sector, will take several aspects. Companies can improve society by enhancing their products via CSR services, charity, and community projects.

It first needs to take responsibility for itself and its stakeholders in order for a company to be socially conscious. Today, organizations that implement CSR strategies have evolved to the point in which they can contribute to the community. CSR is therefore predominantly a large corporate strategy

A stakeholder is indeed a party with an involvement in a business and may influence or be influenced by business. His owners, staff, consumers and distributors are the key stakeholders in a standard company. The conceptual model of the idea, though, goes outside this original design to also include extra stakeholders such as a society, administration or trade organization.

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1 year ago

2 brothers, Joe and Bob get equal dollar amounts of securities as a gift. Joe immediately sells his securities and deposits the

raketka [301]

Answer:

Opportunity cost

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The opportunity cost Bob's brother Joe $20,000. Remember, the term Opportunity cost refers to the cost (loss in this context) incurred when one forgoes an alternative best option–holding them in a brokerage account, in place for a less beneficial one.

Thus, Bob chose the best alternative over his brother.

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2 years ago

You're considering an investment that you expect will produce an 8% return next year, and you expect that your real rate of retu

sveta [45]

Answer:

Explanation:

Using Fisher equation <u><em>(Which is estimating the financial mathematics and economics relationship among real interest rates nominal interest rates under inflation.) </em></u>which goes like this

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Inflation = (1+0.08) / (1+0.06) - 1 = 1.88% (Could be approximated as 2%)

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2 years ago

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2 years ago

Which organization has the highest market dependence? Group of answer choices a chain of rapid-service oil change shops. a manuf

pashok25 [27]

Answer:

The correct answer is letter "D": company that specializes in making replacement tiles for the space shuttle.

Explanation:

Market-dependent industries are those whose production relies on the manufacturing of another institution. This is a threat for the entity since if the other producers fail, the entity is likely to follow the same path. The situation is even worse when the manufacturing company produces rare or uncommon goods.

Therefore, <em>a firm producing replacement tiles for space shuttles is highly market-dependent since a few organizations worldwide require spare parts for space tiles, which is not a common product traded in the market.</em>

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2 years ago