Answer:
<u><em>Social Audit</em></u>
Explanation:
The Pak-It-Way Company makes custom packaging of all kinds . The firm has evolved into a big business due to quality and innovative work . Recently , top management asked company departments to list and evaluate the kinds of socially responsible efforts conducted internally and externally in the business and also to list negative occurrences that supervisors observed . Top management is essentially conducting a <u>social</u> <u>audit.</u>
<em>Social audit is an audit to examine how an organisation is behaving or working for its employees , society and environment.</em>
Social audit helps in encouraging the participation of the community , it also helps in encouraging the local democracy, it promotes the decision making and helps in developing the human resources.
Social audit has wide coverage , it is evaluated very systematically , it is always conducted in a regular period of time , it measures the social performance of the organisation towards its employees society and the environment. But social audit is difficult to conduct.
Answer:
The correct answer is letter "D": Analysis of opportunities and threats.
Explanation:
Part of the Strategic Planning involves making a SWOT (<em>Strengths, Weaknesses, Opportunities, and Threats</em>) analysis. By identifying Opportunities and Threats, a company is able to know what are the potential <em>external factors</em> of the organization that could harm the business or that could represent chances to make a profit.
Answer:
d. Charities
Explanation:
From the question, we are informed about the Supposed chicken farm which uses a nearby stream to dispose of the wastes released by its chickens. These wastes flow downstream into a lake that has become thick with algae and polluted due to the minerals in the waste matter. The local office of a nonprofit environmental organization successfully lobbies state regulators to stop the farm's pollution. In this case, the types of private solutions to the externality of pollution that has occurred is charity. Private solutions to externalities can varies from charities, business mergers as well as moral codes, all working at self interest of the relevant parties. according to Coase theorem, at low transaction cost two parties can reach efficient outcome after bargaining when externality are present. Charity can be regarded as generosity as well as helpfulness towards those that are less privilege or that are needy and cannot raise their voice.
Answer:
Efficiency of the repair shop is 66.67%
Explanation:
Efficiency is the ability to avoid the available resources such as workforce, time, money, material etc. The maximum output in the available resources is efficiency.
Total Capacity of repair fleet = 800 trucks
Effective Capacity of repair fleet = 600 trucks
Actual Output = 400 trucks
Trucks Utilization = Actual Output / Total Capacity = (400 / 800) x 100 = 50%
Efficiency = Actual output / Effective Capacity = (400 / 600) x 100 = 66.7%
