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2 years ago

What is a companys obligation to contribute to the sustainability of natural resources

Business

1 answer:

FrozenT [24]2 years ago

8 0

Answer:

Companies have a corporate social responsibility towards their environment.

Explanation:

Corporate social responsibility implies that companies are expected to engage in industrial practices that would not result in harm to their environment. For example, the amount of carbon being released into the environment must be controlled as excessive release of carbon can be detrimental to health. It is also not right for waste to be discharged into the oceans because the health of the sea animals, the ocean itself and those who swim in it are at risk.

To promote sustainability, companies avoid practices that would eventually harm their environment. Abiding by these practices might take a longer route, but is eventually cost effective and beneficial.

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For a new Madden video game, EA Sports decides to have Patrick Mahomes on the cover and run an ad campaign on ESPN. After the ad

Masteriza [31]

The process that EA Sports carried out with the cover of the Madden video game was Perception Marketing.

<h3>What is perception marketing?</h3>

Perception marketing is an economic term that refers to the set of marketing strategies focused on the consumer's perception of a specific product.

In general, perception marketing is responsible for modifying the image of the product so that it is the one that looks best compared to its competitors and thus generates a good perception in consumers.

According to the above, EA Sports used the image of a famous person so that consumers had a positive perception of their video game.

Learn more about marketing in: brainly.com/question/13414268

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6 0

1 year ago

profit maximization pricing objective a. is a status quo oriented pricing objective. b. is a sales-oriented pricing objective. c

nika2105 [10]

Answer:

e. does not always lead to high prices.

Explanation:

Profit-maximization pricing means fixing prices so that total revenue is more as compared to total costs. This pricing strategy is used by a monopolist.

It is the short run or long run process by which the price and output level is determined by the firm that can give the maximum profit.

The price per item has been set higher than its total cost of production make to sure that the company makes a profit on each sale. As a result, the company makes a profit on every sale and to reduce risk and uncertainty factors in business operations.

Profit maximization pricing objective <u>does not always lead to high prices</u>.

5 0

2 years ago

Craftmaples, a chain of handicraft stores, was established with the purpose of preserving traditional handicrafts. The company's

Tomtit [17]

Answer: Company mission

Explanation: The company mission refers to the objectives mentioned in the mission statement of the organisation. It is a short statement which describes why the organisation exists and what are its goals. This statement also states the location of the organisation and other important factors like major customers.

In the given case, Craftmaples has the purpose of traditional handicrafts. Thus, all their operations and activities will move towards this one goal.

Hence from the above we can conclude that this case is an example of mission statement.

3 0

2 years ago

Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,110,00

Ksivusya [100]

Answer:

$1,83,000

Explanation:

Sales = 4,535,000

Cost of goods sold = $2,560,000

Operating expenses = $1,382,000

Average total assets = $4,110,000

Net Income = Sales - Cost of goods sold - Operating expenses

= $4,535,000 - $2,560,000 - $1,382,000

= $5,93,000

Target income = 10% of Average total assets

= 0.10 × $4,110,000

= $410,000

Thus,

Residual income = Net income - Target income

= $5,93,000 - $410,000

= $1,83,000

7 0

2 years ago

As a result of a thorough physical inventory, Railway Company determined that it had inventory worth $180,000 at December 31. Th

fgiga [73]

Answer:

The answer is: $215,000

Explanation:

Railway Company should include the goods worth $35,000 that Rogers Consignment store has. Once this amount is included, the total inventory for Railway Company should be $215,000 ($180,000 + $35,000).

Merchandise purchased and shipped as FOB destination, belongs to the seller until it has been properly delivered to the buyer. It will increase the inventory once it arrives on January 3.

7 0

2 years ago