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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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The Federal Reserve would most likely adopt a contractionary monetary
sergey [27]

Answer:

A. The country has a high inflation rate and rapid economic growth.

Explanation:

A contractionary monetary policy aims at limiting the amount of money supply in the economy. Contractionary monetary policies discourage banks from lending out money to businesses and households. If firms and individuals have no easy access to credit, the level of investments and consumption declines, resulting in slower economic growth.

Contractionary monetary policies are also used to tame a high inflation rate. Inflation is the general increase in prices in the economy. It may arise due to a high economic growth rate. Because contractionary policies decrease the supply of money in the economy, less liquidity reduces the aggregate demand, thereby curbing increasing prices.

3 0
3 years ago
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Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho
tangare [24]
I say B. but maybe D
7 0
3 years ago
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Suppose that Ariana consumes two goods, coffee and textbooks. Both are normal goods. Suppose the price of textbooks decreases, w
marta [7]

Answer:

The correct answer here would be option D) more of textbooks would be consumed and less of coffee would be consumed.

Explanation:

In economics, substitution effect refers to a situation where there is change in demand of one good in response to the change in price of other goods. Same situation is taking place here as now the price of textbooks have decreased , Ariana will now look to consume more of textbooks and less of coffee.

4 0
3 years ago
Read 2 more answers
Mexico-based Rodriguez Engineering Corp. requires host-country nationals to be recruited to manage subsidiaries, while parent-co
GREYUIT [131]

Answer: Polycentric approach

Explanation:

A polycentric staffing policy is a form of staffing policy whereby the nationals of the host countries will be recruited and employed to helps manage the subsidiaries that are in their own country while the nationals of the parent countries will have to occupy th key positions that are available at th corporate headquarters.

This is the kind of approach that is used by Mexico-based Rodriguez Engineering Corporations in the question.

8 0
3 years ago
Dakota, Inc. is a merchandiser of medallions. The company sold​ 15,100 units during the year. The company has provided the fol
love history [14]

Answer:

$19.21

Explanation:

The computation of the unit cost per item is as follows:

Beginning merchandise inventory $52,000

Add: Purchases + freight in   $293,000  ($280,000 + $13,000)

Less: Ending merchandise inventory -$54,900

Cost of goods sold     $290,100

Now the cost of goods sold per unit is

= $277,100 ÷ 15,100 units

=  $19.21

7 0
3 years ago
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