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MAXImum [283]
3 years ago
15

Elena is the CEO of a small manufacturing firm. She is concerned with meeting the investment objectives of the firm's shareholde

rs and sees no value in corporate social responsibility. Elena's attitude isa. insupportable in the 21st century
b. consistent with the views of other critics of corporate social responsibility
c. typical of nearly all manufactures
d. a reaction to regulatory directive of the US government
Business
1 answer:
g100num [7]3 years ago
4 0

Answer: Option B

Explanation: Corporate social responsibility refers to the concept that if a business is operating in a society than it also have some responsibility towards it. It states that business takes resources from the society and must return the favor in some way.

But there are some critics of this concept that states that nothing is provided by the society for free and the entrepreneur pays sufficient for such resources and services. Thus extra effort is not needed for the betterment of society.

Hence we can conclude that the correct option is B .

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Fill in the following table by calculating the official unemployment rate and the U-4 measure of labor underutilization.
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Answer and Explanation:

The computation of the official unemployment rate is shown below:

Official unemployment rate is

= Unemployed workers ÷ (Unemployed + employed) × 100

= 13,863,000 ÷ (13,863,000 + 139,323,000) × 100

= 9.05%

Now for the U-4 is

= (Unemployed workers + discouraged workers) ÷ (Unemployed + employed + discouraged workers) × 100

= (13,863,000 + $993,000) ÷ (13,863,000 + 139,323,000 + $993,000) × 100

= 9.64%

Therefore for exclduing the discouraged workers it may cause the offical rate to understate the underemployment true extent

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Structural unemployment is caused by <u>people losing a job when their skills become obsolete due to technological innovations.</u>

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A mismatch between the skills of the jobless and the jobs that are available is referred to as structural unemployment. It differs from cyclical unemployment in that it results from factors other than the business cycle. 1 It happens when an underlying economic shift makes it challenging for some people to find work. It is more difficult to reverse than other forms of unemployment.

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