Answer:
the expectation that business will strive to improve the overall welfare of society
Explanation:
The concept of social responsibility as used in management science is that businesses should maximize their profits subject to their working in a socially responsible manner to promote the interests of the society . According to the concept of social responsibility the objective of managers for taking business decisions is not merely to maximize profits or shareholders’ value but also to serve and protect the interests of other members of a society such as workers, consumers and the community as a whole. Adopting key social responsibility principles, such as accountability and transparency, can help ensure the long-term viability and success of any organization or system . A firm can achieve sustainability by paying careful attention to their impact on society and the environment. Behaving in a transparent, ethical manner ensures an approach that helps protect the long-term success of society and the environment.
The correct answer would be A
Answer: See explanation
Explanation:
From the question, we are informed that Knight Corp. obtained land by issuing 3,000 shares of its $10 par value common stock and that the land was recently appraised at $72,000 while the common stock is actively traded at $25 per share.
When recording the acquisition of the land, what amounts will be recorded in the Land and Common Stock accounts goes thus:
Debit: Land 3000 × $25 = $75000
Credit: Common stock = 3000 × $10 = $30,000
Therefore, the amount that will be recorded in the Land is $75000 and Common Stock accounts is $30000
Average variable cost equals:
- average total cost minus average fixed cost.
- price of the variable input times the quantity of the variable input.
<h3>What is average variable cost?</h3>
Average variable cost is total variable cost divided by variable input. Variable input is the input that varies with the output. For example, labor is an example of a variable input.
To learn more about variable cost, please check: brainly.com/question/26502221
Answer:
b)the degree to which management 's decisions take into account the effect of outcomes on employees within the organization
Explanation:
Organizational culture can be reffered to as believe or values by those in charge of a particular organization, and as far as the employee are taking these culture into consideration, there will also be improvement and normality in the organization. It should be noted that organization culture brings a great functionality in team work.
It should be noted that how focused people are in the organization, means the which management 's decisions take into account the effect of outcomes on employees