Discuss the philanthropic perspective of the economic model of corporate social responsibility (CSR).
What will be an ideal response?
The philanthropic perspective of the economic model holds that, like individuals, business is free to contribute to social causes as a matter of philanthropy. From this perspective, business has no strict obligation to contribute to social causes, but it can be a good thing when they do so. Just as individuals have no ethical obligation to contribute to charity or to do volunteer work in their community, business has no ethical obligations to serve wider social goods. But, just as charity is a good thing and something that we all want to encourage, business should be encouraged to contribute to society in ways that go beyond the narrow obligations of law and economics. This approach is especially common in small, locally-owned businesses where the owners also often play a prominent leadership role within their local community.
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If you decide to write a letter of recommendation about a job candidate, your goal should be to
A) remain neutral about the candidate's suitability for the job. B) boost the job candidate's sense of self-worth and well-being. C) explain why you're qualified to access the candidate. D) convince readers the candidate has the characteristics necessary for the job. E) include at least one negative comment to show objectivity.
The type of transaction most suitable for batch processing is
a. airline reservations b. credit authorization c. payroll processing d. adjustments to perpetual inventory
The markup percentage includes the gross margin in the computation of the selling price
Indicate whether the statement is true or false
Which of the following is not a step in allocating indirect costs to cost objects?
A. Trace direct costs to individual cost pools. B. Multiply the allocation rate by the weight of the cost driver. C. Compute an allocation rate by dividing the total cost to be allocated by the total cost driver volume. D. All of the answers are steps in allocating indirect costs.