Some critics of corporate social responsibility see spending money on CSR as stealing from investors.
<h3 /><h3>What is Corporate Social Responsibility?</h3>
They are organizational practices to improve the perception of an organization in the market through voluntary practices of community development where they are inserted, contributing with social benefits that exceed legal requirements.
Companies usually implement corporate social responsibility programs as a way of demonstrating to society their concern for local needs, which is also a way of promoting the brand and establishing relationship marketing with end consumers.
For some critics of CSR, they believe that companies should not be promoters of social justice, but their focus should be focused only on profitability.
Therefore, critics of CSR argue that organizations use investors' resources to develop such social programs, and this resource should be invested to increase profitability.
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One way Barbot's background may have influenced his comments on the Dutch and the Portuguese is that; he had a protestant background which was also synonymous with the dutch whereas the Portuguese had catholic background which he could not relate with.
Jean Barbot was a French Protestant and an agent of the chartered Senegal Company who wrote a book about his travels in west africa.
The second paragraph being referred to here talks about how the castle at Elmina was brought to its perfect state under the Dutch after they captured it from the Portuguese in the year 1637.
Due to what he observed, he also said that it was a proof that the Dutch are the most curious and the most capable to make settlements abroad among all European nations.
The way his background may have affected his comments is that he had a protestant background which was also synonymous with the dutch whereas the Portuguese had catholic background which he could not relate with.
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Based on the information given the payback period is 5.80 years.
<h3>Payback period:</h3>
Using this formula
Payback period = Net initial investment / Estimated annual cash inflow
Where:
Net initial investment=$2,900,000
Estimated annual cash inflow=$500,000
Let plug in the formula
Payback period=$2,900,000/$500,000
Payback period=5.80 years
Inconclusion the payback period is 5.80 years.
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They issue recalls. A recall is when a company realizes that a product has a defect that might be dangerous or causes the product to malfunction. When a thing is recalled, all stores selling it send it back to the manufacturer, while people who bought it are allowed to return it for repair or often to get another product instead of that one for free.
The meaning of the underlined word in the following sentence El esposo de Cristina es americano is husband.
El <u>esposo</u> de Cristina es americano is a Spanish sentence that means The husband of Cristina is from America.
It should be noted that el means "the" in English, espono means "husband" in English.
Husband is a term that's used to describe a man that is married. In this case, Cristina is married to an American husband.
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