Explain how companies committed to environmental sustainability are able to address society's concerns about protecting the environment while lowering costs and/or creating value for customers.
What will be an ideal response?
Sometimes, cost savings and improved profitability are drivers of corporate sustainability strategies. That is, social responsibility strategies linked to a customer value proposition or to key value chain activities may also help build competitive advantage. Examples include emphasizing local procurement, establishing a foundation for humane animal husbandry, running vehicles on biofuels, using only biodegradable cleaning products, and pursuing responsible waste management policies at Whole Foods Markets.
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The journal entry to record the cost of warranty repairs that were incurred during the current period, but related to sales made in prior years, includes a debit to Warranty Expense
Indicate whether the statement is true or false
In what four ways can communication and collaboration technologies be used to support team work?
What will be an ideal response?
When training is long term and well conceptualized, what benefit does it provide to the organization?
a. ensures the organization stays in compliance with anti-discrimination laws b. reduces bias against members of out-groups c. increases employee engagement because everyone feels like they have been heard d. The organization gets a reputation of supporting employee development.
Match the following:
A. Net income divided by average total assets; measures the amount of net income generated for each dollar invested in assets. B. Net income divided by net sales; indicates the earnings per dollar of sales. C. Compares a company's share price with its earnings per share. D. Gross profit divided by net sales; measures the amount by which the sale price of inventory exceeds its cost per dollar of sales. E. Net income divided by average stockholders' equity; measures the income generated per dollar of equity. F. Net sales divided by average total assets; which measures the sales per dollar of assets invested.