Explanation:
1. Being a good global corporate citizen
2. Being ethical in its practices
3. Obeying the law
4. Making a profit
According to Archie B. Carroll,
The first one is Being a good global corporate citizen: How a good citizen is important for the country, being a good global corporate citizen is equally important for the corporate world.
The second one is the ethical practices: This is very closely related to citizenship. There are some professional ethics to be maintained for a corporate world to grow.
The third is obeying the law: Definitely, employees have to adhere to the rules of the organization which is an important aspect for the growth of the organization and to the corporate world.
The last is making a profit: The final part is profit. According to my personal opinion if all the above are followed, profit will reach the organization.
Answer:
a floating exchange rate, based on market forces of supply and demand.
Explanation:
Where the exchange rate is floating (as are all major currencies in the world), this will be determined by market forces - this includes supply and demand. As in any other market, the rate will change constantly to show how much of the currency is being traded.
Answer: The remuneration for natural resources is rent, as natural resources consist of all gifts of nature
Explanation:
Factors of production consists of the resources that are used to production to take place. They include land, labor, capital and the enterprise.
The remuneration for natural resources is rent, as natural resources consist of all gifts of nature.
The remuneration for labor is wages and salaries. The remuneration for capital is interest while the remuneration for entrepreneur is profit.
Answer:
unearned service revenue 7,500 DEBIT
service revenue 7,500 CREDIT
Explanation:
the job is complete on July 31th
so <em>we write-off the unearned service reveue</em>
and <em>we recognize the service revenue </em>for the whole amount of the contract
The cash receipt occurs on March 1st so w edon't haveto post anythign related to cash on July 31th.
the unearned revenue account is used first because the business has the obligation of perform the job or return the cash. So it is a liablity until the job is completed
