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JulijaS [17]
3 years ago
14

Management and Ethics MY PROGRESS-5% Decision Point: Level of Social Responsibility In the industry and the community, Tri-State

is known for its low-cost business strategy, but also as a company that is generous to its employees. After 100 years of successful operation, it now finds itself with a respected brand and a market share leader.
Tri-State also prides itself on helping with school lunch programs in disadvantaged school districts. In the past, it has helped organizations like the Salvation Army and Red Cross when natural disasters occur across the United States, but this is on an as-needed basis.
How would you classify Tri-State's social actions?
Select an option from the choices below and click Submit
a. Social responsiveness
b. Green
c. Social responsibility
d. Classical
Business
1 answer:
vivado [14]3 years ago
8 0

Answer: Social responsiveness

Explanation:

Based on the information given, Tri-State's social action can be refered to as social responsiveness.

Social responsiveness refers to the obligation with regards to the contribution to the community such that there's improvement in the quality of life and environment for the people in the community.

In this case, Tri-state is always looking out for ways to help the society grow and contribute positively to the environment. Therefore, the correct option is A.

You might be interested in
Luxury Swiss chalet hotel general manager reported to her owner that the hotels occupancy index for calendar year 2019 was 1.25.
Alex

Answer:

the Swiss Chalet had higher occupancy than its competitive set in 2019

7 0
3 years ago
Ms V resides in a jurisdiction with a 35% income tax. Ms V has $40,000 that she could invest in bonds paying 8% annual interest.
klio [65]

Answer:

Increase in tax rate will reduce income form bond but will not affect the benefits derivable from the purchase of the new luxury auto.

Explanation:

First, a look at the after tax rates for when tax is 35% and when it is increased to 50%.

Step 1: Compute the after tax rate when tax is 35%

=Interest rate x (1-tax rate)

= 0.08 x (1- 0.35)

-5.2%

Step 2: Compute the after tax rate when tax is increased to 50%

= Interest rate x (1- tax rate)

= 0.08 x (1-0.5)

=4%

The first outcome is that an increase in tax rate leads to a decrease in income. Meaning an increased tax rate reduces the income from the bonds.

However, an increase in tax rate although it will affect the income will have no effect on the new luxury condo, that Ms V wants to buy. This is because, the benefits Ms V will get from the auto cannot be taxed as compared with the interest on the bond.

Hence, it becomes easier for Ms V to buy the luxury auto than invest in bonds if the tax rate should increase

4 0
4 years ago
Vasguez Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $20,000 CR. During 2020, it wrote off $14,400
Ket [755]

Answer:

a. $14,200

Explanation:

The computation of the bad debt expense is shown below:

Balance in Allowance for doubtful Accounts = Opening Balance in Allowance for Doubtful Account - Accounts Wrote Off  + Bad debts recovered

= $20,000 - $11,400 + $4,200

= $9,800

And, Closing Balance is

= $480,000 × 5%

= $24,000

So, the bad debt expense is

= $24,000 - $9,800

= $14,200

We simply applied the above calculations

5 0
4 years ago
Katy, a manager, is evaluating her team members by rating them from best to worst. This rating is based on their overall perform
Feliz [49]

Answer:

a. The simple ranking method

Explanation:

The simple ranking method -

It refers to the method of evaluation used in a company , in order to rank the employees from best to worst depending on various factors , is referred to as the simple ranking method .

Factors like , negative impact , ratings , feedback etc. all are considered while making the ranking .

Hence , from the given scenario of the question ,

The correct answer is a. The simple ranking method .

4 0
3 years ago
Suppose a stock is expected to pay a $0.50 dividend every quarter and the required return is 10% with quarterly compounding . Wh
kotegsom [21]

If dividends are expected at regular intervals forever, then this is a perpetuity and the present value of expected future dividends can be found using the perpetuity formula

P0 = D / R

P0 = .50 / (.1 / 4) = $20

Your price would be $20

Hope this helps :)

3 0
3 years ago
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