_____ is a business's concern for the long-range welfare of both the company and its relationships to the society within which it operates
a. Deregulation
b. Social loafing
c. Corporate self-dealing
d. Corporate social responsibility
ANSWER: d
Corporate social responsibility (CSR) is a business's concern for society's welfare. This concern is demonstrated by managers who consider both the long-range best interests of the company and the company's relationship to the society within which it operates.
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Singh Company manufacturers wheelchairs. Each wheelchair requires $325 of raw materials and $780 of conversion costs. Each wheelchair is sold for $1,500. Last month Singh started 38 wheelchairs and completed 35 wheelchairs. The beginning balance in work in process inventory is zero. The ending balance in work in process inventory is:
A. $925. B. $2,340. C. $1,315. D. $1,105. E. $975.
A mature, stable firm might show what type of cash flow pattern from operating, investing, and financing activities?
a. operating outflow, investing outflow, and financing inflow b. operating inflow, investing outflow, and financing inflow c. operating outflow, investing inflow, and financing outflow d. operating inflow, investing outflow, and financing outflow e. operating outflow, investing inflow, and financing inflow
Give an example of the two main kinds of organizational justice.
What will be an ideal response?
Which of the following is true of stock exchanges?
A. Electronic trading began with the establishment of the over-the-counter market. B. Each exchange establishes its own requirements for the securities it lists. C. The stocks of privately traded corporations are listed and traded on these exchanges. D. Apart from the annual fee, exchanges do not require firms to pay any other fee for the stock listing.