Answer: social responsibility of business to customers
Explanation:
social responsibility of business is the voluntary roles which business play in the society
It is the moral obligation that business owes the society, in other words, it refers to the ways in which business enterprises could assist to develop the local communities in which they operate.The business can have responsibilities towards the following
Owners : The business has it as a responsibility to protect the investment of its owners. It has to ensure that a reasonable return is earned on such investment, in addition, efforts must also be geared toward ensuring the growth of the business.
Customers : The business responsibility to their customers include the production and distribution of high quality goods and services advertising correct and not defective goods and services, labelling goods clearly and correctly, offering and explaining credit facilities and adopting after sales services. The business must recognize that the ultimate success or failure of the business rest to a large extent with the customers, The business must ensure that they do not sell to their customers fake product or produce products which may be injurious to the health of their customers.
Employees : The employees are the Labour component of the factors of production, the responsibility of the business to their employees is to pay commensurable salaries and provide satisfying work ,job security and good working conditions for their employees.
Creditors : The creditors are those individuals or organizations whom the business owe money.It is the responsibility of the business to repay these debt as they fall due.It is equally essential for business to cultivate a good culture of debt management.
Government : The business has a responsibility to obey the various government laws guiding business operations. It must also pay its taxes at the right time and contribute to the economic development of the country.
Answer:
Need to accommodate the growth of a key customer.
Explanation:
In the given scenarios Katlyn is motivated to keep her company growing because her most important customer is a company that is growing at a rate of 33% per year.
To satisfy the customer needs for specialised components of aerospace equipment, Katlyn's company must also grow in output or they will not be able to satisfy the customer's need.
This demonstrates need to accommodate the growth of a key customer.
Answer:
B) Direct materials used + direct labor + factory overhead + beginning work in process - ending work in process.
Explanation:
The formula to compute the cost of goods manufactured is shown below:
= Direct material used + Direct labor + Manufacturing Overhead
where,
Manufacturing Overhead equal to
= Factory overhead + Beginning work-in-process - Ending work-in-process
Or we can say that
Direct material used + direct labor + factory overhead + beginning work in process - ending work in process
Answer:
lead generation.
Explanation:
Lead generation -
It refers to the process of generating the interest of consumers regarding any goods and services , is referred to as lead generation .
The method is useful in the field of marketing , as it increases the possibility of the consumers buying the product and hence , increases the sale , which in turn is profitable to the company .
The method of lead generation is the part of advertizing or publicizing the goods and services .
Hence , from the given scenario of the question ,
The correct answer is lead generation .
Answer:
$100,000 and $241,000
Explanation:
The computation of the gross profit for the Black and Navy Divisions shown below:
As we know that
Gross profit = Sales - cost of goods sold
For Black, it would be
= $200,000 - $100,000
= $100,000
And, for Navy, it is
= $400,000 - $159,000
= $241,000
We simply applied the above formula to compute the gross profit
