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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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A recent study conducted by Estelle Cosmetics Company showed that heavy users of Estelle's products comprise a small percentage

s344n2d4d5 [400]

Answer: Segmentation by usage

Explanation: Segmentation by usage splits customers according to how often they use a product. Using segmentation by usage, customers can be classified into non - users, who don't use the product at all, light and medium users, who can range from little usage of the product to average use of the product, and heavy users, who mostly use these products.

From thr first paragraph it is clear that usage segmentation is used to separate the user's into different classes based on their usage, and identify which class to target when it comes to sales. At Estelle Cosmetics Company, it was deduced that of this company's total sales, less than 7% of this market are heavy users. These users purchase nearly 71% of the company's products. This company will probably focus their marketing efforts on the heavy users, as they contribute to the majority of sales within their company.

7 0

3 years ago

Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability

wariber [46]

Answer:

expenditures and taxes

Explanation:

Fiscal policy refers to a government action to adjust taxes and expenditures to influence economic growth. Taxes are the main sources of income for the government. A rise in taxes increases revenue to the government but lower individual disposable income. High taxes discourage investments and business expansion.

Government expenditure in infrastructure and other projects creates employment and incomes in the economy. Reduced spending by the government may result in a lower aggregate demand. The government uses fiscal policies together with monetary policies to achieve its economic goals.

5 0

2 years ago

Bonita Industries had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20 $74600 Add: Depos

drek231 [11]

Answer:

$50,400

Explanation:

Cash Balance as per bank statement $62,900

[$69700+$25300-$20400+$87600-$99300]

Less: Outstanding checks at April 30, 2020 $12,500

Adjusted Cash balance per bank $50,400

So, the cash balance per books at April 30, 2020 is $50,400

5 0

3 years ago

The ledger of Rios Company contains the following balances after adjustments: Retained Earnings $30,000; Dividends $2,000; Servi

ch4aika [34]

Answer:

Service Revenue 50,000 debit

Income summary 50,000 credit

--to close revenues accounts--

Income summary 34,000 debit

Salaries and Wages Expense 27,000 credit

Supplies Expense 7,000 credit

--to close expenses accounts--

Income summary 2,000 debit

Dividends 2,000 credit

--to close dividends account--

Income summary 14,000 debit

Retained Earnings 14,000 credit

Explanation:

To close the temporary accounts which are, revenues, expenses and dividends we will use an auxiliary account called Income Summary

Then, once all are closed we transfer their balance into retained earnings:

Income summary

DEBIT CREDIT

50,000

34,000

2,000

Balance 14,000

7 0

3 years ago

Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 1

soldier1979 [14.2K]

Answer:

The Capacity utilization rate is 73.94 units per hour for the month.

Explanation:

Provided data,

Output rate = 160 units per hour

In the month of July,

Total production hour = 295 hours.

Total units = 34900 units.

Ideal output units in the month of July = output rate × total production hour

= 160 × 295

= 47200 units.

Capacity utilization rate of production shop is given by,

Utilization rate = (output unit in July ÷ idea output) × 100

= (34900 ÷ 47200) × 100

= 0.7394 × 100

= 73.94 units per hour

So, the Capacity utilization rate is 73.94 units per hour for the month.

7 0

3 years ago