The textbook states that companies can pursue an effective corporate social responsibility policy of either offense or defense. What does this mean? In your answer, provide detailed examples of both approaches.
What will be an ideal response?
Ans: CSR as offense is “corporate social opportunity” while defense is “brand insurance.” Good answers should provide detailed examples of both perspectives.
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[APPENDIX] A partnership can be owned by one or more entities or individuals
a. True b. False Indicate whether the statement is true or false
Which of the following influences the decision about which supplier is chosen?
A) the initiator B) the influencer C) the decider D) the purchaser
Which one of the following is NOT characteristic of behavioural theories of leadership?
a. Good leaders show a concern for production b. Good leaders show a concern for people c. Good leaders are born d. Good leaders are made
Prepare adjusting entries for the year ended December 31, for each of these separate situations. Assume that prepaid expenses are initially recorded in asset accounts and that fees collected in advance are initially recorded as liabilities.a. The Prepaid Rent account has a debit balance of $8,000 before adjustment, representing a prepayment for four months' rent made on December 1 of the current year.b. One-third of the work related to $18,000 of cash received in advance was performed during this period.c. Unpaid accrued salaries at December 31 amounts to $15,000d. Work was completed for a client on December 31 in the amount of $21,000, but was not previously billed or recorded.e. Estimated depreciation on office equipment is $27,000.
What will be an ideal response?