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Sergio [31]
3 years ago
14

Harry, Sirly, and Bo are in the midst of a heated discussion. As the chief operating officers of the U-Scream Ice Cream Corporat

ion, they are reviewing the latest financial reports. Intense competition has resulted in deceased profits. Each of the three officers has their own view of how to reverse the current trend.Harry suggests cutting costs by firing union employees and hiring replacement workers at lower wages. He has directed the firm's attorney to find a loophole in the contract that will allow for this action. Sirly protests, stating that Harry's proposal is unethical and unfair. Sirly feels that every stakeholder should be treated equally, and that profiting at the expense of others is foolhardy.Bo, agreeing in part with Sirly, states, "We must be sensitive to all affected parties, but clearly our primary goal is to make a profit for our owners." In an attempt to resolve the conflict between Harry and Sirly, Bo offers an alternative suggestion: reduce the firm's charitable contributions until acceptable profit levels have been regained. Sirly is outraged and reminds Bo of the social responsibilities that U-Scream Ice Cream has equally to the community, environment, suppliers, employees, and stockholders.Sirly recommends a marketing strategy aimed at increasing sales through the development of a positive corporate image. He suggests the first step towards this goal is to identify and evaluate the firm's programs for community involvement. Sirly is calling for a ________ to be completed.
Business
1 answer:
algol133 years ago
4 0

Answer:

The answer is social audit

Explanation:

Strategic planning aligns the employee goals towards the shared vision and provides a guideline on how to achieve the organizational goals.

social audit targets the areas of social and ethical practices of the company.

Social review does not address the social practices part of the company.

Contribution index guides how to measure the performance of employees.

The best choice which reflects the Sirly’s call is social audit that deals with social practices and its impact on reducing the efficiency and goal achievement gap

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According to the Full Disclosure Principle, all thins that can materially affect the financial status of the firm must be disclo
Olenka [21]

Answer: True

Explanation: The full disclosure principal states that any material information, that can affect the judgement of a rational investor or other stakeholder, must be stated in the financial statement.

These disclosures can be made on press releases, supplementary reports and other such communications etc.

Hence, from the above we can conclude that the given statement is true.

8 0
3 years ago
Furniture World is required by law to collect and remit sales taxes to the state. If Furniture World has $82,680 of cash receipt
gregori [183]

Answer and Explanation:

The journal entry to record the cash sales is shown below:

Cash  $82,680  

         To Sales  $78,000    ($82,680 × 100 ÷ 106)

         To Sales taxes payable $4,680  ($82,680 × 6 ÷ 106)

(Being the cash sales is recorded)

Here cash is debited as it increased the assets while on the other hand the sales and sales tax payable is credited as it increased the revenue and liability

8 0
3 years ago
You are a contracting officer responsible for source selection for a negotiated competitive services acquisition. The estimated
AfilCa [17]

Question Completion with options:

a. Past performance information provided directly by the offeror should not be relied upon.

b. The past performance evaluation satisfies the responsibility determination required under FAR subpart 9.1.

c. Evaluations should take into account past performance information regarding predecessor companies.

d. Offerors with demonstrated past performance that is neither relevant nor recent must not be removed from further consideration for award.

Answer:

The statement that is true regarding the evaluation of the past performance is:

c. Evaluations should take into account past performance information regarding predecessor companies.

Explanation:

It has been established that past performance is the best indicator of future performance.  Past performance can predict future performance, behavior, and success.  Organizations that achieve some good performance in the past build the required confidence, which will help them to forge ahead in the present and future.  This is why in selecting companies for a negotiated competitive services acquisition, even the past performance of predecessor companies should be reviewed to get a better handle on the company's ability to deliver on the projects.

6 0
3 years ago
Gannon Enterprises is in the midst of a major strategic change. To lessen resistance from some of the senior managers who are op
Vera_Pavlovna [14]

Answer:

The correct answer is negotiation.

Explanation:

A definition of negotiation that appears on the internet expresses, which is the communication process that aims to influence the behavior of others and where both parties reach a WIN-WIN agreement. The reason why at the end of a negotiation both parties can believe that they have won is that neither the interests nor the values have to be opposed, and it is the responsibility of the negotiators to discover the complementary points to develop a negotiation with the win-win scheme.

On the other hand, negotiation techniques are defined as the mechanisms and models of behavior that the parties use to influence the other and achieve a satisfactory solution to a conflictive encounter. These actions are based on the potential power of the parties involved in the negotiation.

7 0
4 years ago
A binding price ceiling on apartments (effective rent control) will:
My name is Ann [436]

Answer:

D) cause the quantity demanded to exceed the quantity supplied of rental housing.

Explanation:

A price ceiling is a binding government regulation in which it puts a cap on the price landlords can charge tenants to rent their properties. If this happens, there could be a rapid significant increase in the demand of apartments. This would lead  to excess demand that the existing  supply cannot meet , creating a shortage. The property owners may also choose to not rent their apartment at that lower price driving the supply even lower.

4 0
3 years ago
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