Firms must be aware of goals other than short-term profit maximization. One area of concern should be social responsibility, which is the
A. fact that court costs could impact the financial bottom line.
B. idea that businesses are responsible for maintaining a healthy social climate for their employees.
C. expectation that business will strive to improve the overall welfare of society.
D. idea that organizations are solely responsible to local citizens.
Answer: C
You might also like to view...
Private Not-for-Profit (NFP) Entities.Select from this list of terms to answer the following questions. A. Fair value B. Net assets without donor restrictions C. GASB D. FASB E. Statement of Revenues, Expenditures, and Changes in Fund Balance F. Lower of cost or market G. Accrual method H. Statement of Activities I. General fund, restricted fund, endowment fund J. Modified accrual method K. Net assets with donor restrictions L. Endowment fund M. Unrestricted, temporarily restricted, permanently restricted N. Depreciation O. Works of art and other historical treasures P. General fund Q. Cost Indicate your choice by entering the letter corresponding to the correct term. A term may be used more than once or not at all."Tangible fixed assets not depreciated by a private
college or university" describes which term listed above? What will be an ideal response?
________ means recording the minutes of a meeting word for word
A) Accurate recording B) Verbatim recording C) Literal recording D) Precise recording
Which strategy allows finished goods inventories to accrue and relies on backlogs to handle the demand?
A. The Level Production Strategy B. Mixed Production Strategy C. The Chase Production Strategy D. The Aggregate Production Strategy
Which of the following terms refers to a contractual stipulation to ensure that ebusiness participants do not deny their online actions?
A. Compliance B. Noncommittal C. Nonrepudiation D. Erepudiation