The textbook states that corporate social responsibility “is a fluid concept.” What does this mean?
What will be an ideal response?
Ans: A good answer will describe how definitions of CSR vary and evolve within countries over time as well as vary across countries and cultures.
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Assume that Thrills reduces fixed costs from $178,800 per month to $166,500 per month. Compute the new breakeven point in tickets and in sales dollars.
Thrills Amusement Park provides a variety of attractions. Thrills sells tickets at $50 per person as a one-day entrance fee. Variable costs are $28 per person, and fixed costs are $178,800 per month.
On a retained earnings statement, how is the ending unappropriated retained earnings balance computed?
a. Adding net income for the year and current year appropriations to the beginning-of-the-year balance, and then subtracting dividends paid to stockholders. b. Adding any dividends and current year appropriations and then subtracting net income for the year from the beginning-of-the-year balance. c. Adding net income for the year to the beginning-of-the-year balance, and then subtracting any dividends and current year appropriations. d. Adding net income for the year to the beginning-of-the-year balance, and then subtracting any dividends, current year appropriations and stock splits. e. Adding net income for the year to the beginning-of-the-year balance, and then subtracting unappropriated retained earnings.
Which of the following combines renewable term insurance with a savings account paying market interest rates?
a. universal life b. decreasing term c. whole life d. straight whole life e. limited payment whole life
Which of the following requires the FTC to enforce online privacy rights in EC, including the collection and use of personal data?
A) Communications Privacy and Consumer Empowerment Act B) USA Patriot Act C) Computer Fraud and Abuse Act D) Dodd-Frank Act