Striving to be socially responsible entails touching such bases as ______.
A. what actions to take to enhance workforce diversity and make the company a great place to work.
B. whether to make charitable contributions and donate money and the time of company personnel to community service endeavors.
C. what, if any, actions to take to protect or enhance the environment (beyond what is legally required).
D. exerting conscious efforts to ensure that all elements of the company's strategy are ethical and actions to make the company a great place to work.
E. All of these
E. All of these
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What criterion or criteria must sales transactions meet in order for the seller to recognize revenues before collecting cash?
a. The revenues must be earned (the firm must have achieved substantial performance). b. The amount to be received must qualify as an asset (there must be a future economic benefit and the amount must be measured with sufficient reliability). c. The firm must have a reasonable expectation that it will collect the amount owed from the customer. d. All of the above. e. None of the above.
Marcus employs a real estate broker, Dean, to sell his house. Dean's express powers are to advertise and market the house for sale, show the house to prospective buyers, and accept offers from them
He is not allowed to seal a deal without Marcus' consent. Marcus goes away on a month-long trip where he cannot be contacted. During this time, a short circuit in the house causes a power outage. Dean uses his authority to hire an electrician to repair the circuits and restore electricity in the house. Marcus then comes back and pays Dean for the repairs. What is the nature of the agency that Dean used to fix the problem in the house? A) implied agency B) agency by ratification C) power of attorney D) express agency
The laws in the United States allow warranty liability on negotiable instruments
Indicate whether the statement is true or false
Two projects each require a current cash expenditure of $10,000. Project A will generate cash inflows of $2,000 per year for the next twelve years. Project B is expected to return $6,000 in 1 year, $4,000 at the end of year 2, and $3,000 in 3 years
Which project should be selected if funds are unavailable to finance both and capital costs are 6%? A) Project B because it has a shorter payback period. B) Project B because it has a higher IRR C) Project A because it has a higher IRR D) Project A because it has a higher NPV E) Project B because it has a higher NPV