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sergey [27]
2 years ago
15

Define the term corporate social responsibility and give one practical example ​

Business
1 answer:
Vesna [10]2 years ago
4 0

Answer:

<u>Definition:</u> Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.

To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.

<u>Example:</u> Starbucks has long been known for its keen sense of corporate social responsibility and commitment to sustainability and community welfare. According to the company, Starbucks has achieved many of its CSR milestones since it opened its doors. According to its 2019 Global Social Impact Report, these milestones include reaching 99% of ethically sourced coffee, creating a global network of farmers, pioneering green building throughout its stores, contributing millions of hours of community service, and creating a groundbreaking college program for its partner/employees.

Starbucks' goals for 2020 and beyond include hiring 10,000 refugees, reducing the environmental impact of its cups, and engaging its employees in environmental leadership.  Today there are many socially responsible companies whose brands are known for their CSR programs, such as Ben & Jerry's ice cream and Everlane, a clothing retailer.

Explanation:

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Other things the same, if workers and firms expected prices to rise by 2 percent but instead they rise by 3 percent, then in the
eduard

Answer:

the answer is  d

Explanation:

Other things the same, if workers and firms expected prices to rise by 2 percent but instead they rise by 3 percent, then in the short run employment and production falls.

because workers and firms does not prepared for this change,for one hand workers  will  percieve minor wages and they prefer   not work  ,as a consequence the production falls because the firm does not have enough people t acomplish the production.

4 0
3 years ago
Cost of Goods Manufactured, using Variable Costing and Absorption Costing On March 31, the end of the first month of operations,
scoundrel [369]

Answer:

(a)unit cost of goods manufactured is $108.00

(b)unit cost of goods manufactured is $122.00

Explanation:

Varibale Product Costing = Direct Material + Direct Labor + Variable Overheads

Absorption Product Costing = Direct Material + Direct Labor + Variable Overheads + Fixed Overheads

<u>(a) the unit cost of goods manufactured- the variable costing concept</u>

Variable cost of goods manufactured ($1,620,000/15,000 units) = $108.00

unit cost of goods manufactured                                                     =  $108.00

<u>(b)  the unit cost of goods manufactured - the absorption costing concept</u>

Variable cost of goods manufactured ($1,620,000/15,000 units) = $108.00

Fixed manufacturing costs ($210,000/ 15,000 units)                     =    $14.00

unit cost of goods manufactured                                                     =  $122.00

8 0
3 years ago
Patagonia, a California-based clothing company, is deeply committed to the environment. The company makes fleece jackets out of
velikii [3]

Answer: Sustainable marketing                    

 

Explanation: In simple words, sustainable marketing refers to the process in which an organisation markets its product in such a way that demands of the current consumers could be satisfied to an appropriate extent and the future generations too get their fair share of the product.

Firms doing such marketing focuses on making their image of an environment friendly organisation and wants to attract customers on the basis of their sustainable view towards growth.

In the given case, company is using Eco-friendly processes in their production and is also adverting their product by sending a message of being Eco- friendly. Hence we can conclude that the company is involved in sustainable marketing.        

8 0
3 years ago
"Where can you see a list of all the transactions that have been matched or added to a bank register via the bank feed?"
gogolik [260]

Answer:

Categorized

Explanation:

For viewing a list of all transactions that should be matched or added to a bank register through a bank feed is the categorized. In this, we can review can be done for all type of transactions that is downloaded in the bank feed

So as per the given statement, the categorized is the answer and the same is relevant

Therefore, the third option is correct

6 0
3 years ago
Zoum Corporation had the following transactions during 2017:
IrinaVladis [17]

Answer:5

Explanation:

5 0
3 years ago
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