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2 years ago

Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy

Business

1 answer:

Artemon [7]2 years ago

6 0

Answer: See explanation

Explanation:

Social responsibility simply means that companies should do thing that benefit the society at large and look out for the welfare of the people in the society.

Starbucks has been so concerned with social responsibility in its overall corporate strategy because social responsibility will help to bolster the image of the company. Also, this will be required to help the company continue building its brand, improve customers satisfaction and also organization's productivity.

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When two people are talking, they want the listener to understand what they are saying. They both want to be effective communica

Sergeeva-Olga [200]

Salespeople have to develop a mutual trusting relationship with the customers has this determines the long term sales relationship that they can mutually benefit from. A part of developing trust with the customer includes a good and long effective communication between the two.

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3 years ago

What is capital market?

goblinko [34]

It's a financial market where people can buy or sell long-term debt or equity-backed securities

The example of capital markets are : New York stock Exchange, American stock exchange, London stock exchange, NASDAQ, Etc

5 0

3 years ago

Hemingway Corporation has 100,000 shares of common stock issued and outstanding. At the meeting of the board of directors on Dec

DaniilM [7]

Answer:

See the journal entry below

Explanation:

Retained earnings A/c Dr $500,000

Dividends payable A/c Cr $500,000

Here, cash dividend is being declared by the board on 100,000 shares hence the account of retained earnings is debited and account of dividends payable is credited.

NB.

Amount = Share × Price per share

Given that;

Share = 100,000

Price per share = $5

Amount

= 100,000 × $5

= $500,000

4 0

3 years ago

Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per

IgorC [24]

Answer:

Economic profit will be $40

So option (d) will be correct option

Explanation:

We have given number of units produced = 20 units

Price of per unit = $10 per unit

So revenue = 20×$10 = $200

Revenue :20 units * $10 = 200

Fixed cost is given $100

Variable cost: 20 units ×$3 = 60

So total cost= Fixed cost + Variable cost = 100 + 60 =$160

So economic profit = Revenue - Total cost = 200 - 160 = $40

So option (d) will be correct answer

6 0

3 years ago

Wilturner Company incurs $90,000 of labor related directly to the product in the Assembly Department, $39,000 of labor related t

Marina CMI [18]

Answer:

Wilturner Company

The journal entries to record the labor for the Assembly Department would include:

Debit Work in Process $155,000

Credit Direct labor $90,000

Credit Variable factory overhead $39,000

Credit Fixed factory overhead $26,000

To record the direct and indirect labor costs of the assembly department.

Explanation:

a) Data and Analysis:

Direct labor $90,000

Variable overhead (labor) $39,000

Fixed overhead (labor) $26,000

b) The direct labor cost = $90,000 and Factory overhead costs = $65,000 ($39,000 + $26,000)

7 0

2 years ago