Explain the concept of CSR and how it can have positive long-term benefits for both a company and society
What will be an ideal response?
A policy of corporate social responsibility encourages corporate decision makers to take into account both the financial and social consequences of their business actions. Advocates of CSR maintain that companies can and should earn profits in an ethical manner that respects people, society, and the natural environment. By "doing the right thing" through a policy of CSR, a company will secure long-term profits. Customers will be more loyal to a company that adheres to ethical behavior and will be willing to pay a premium for products from firms that make efforts to improve society. Companies practicing CSR will also have the benefit of positive publicity.
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There are no budgeted capital expenditures or financing transactions during the quarter. Based on the above data, calculate the projected cash balance at the end of April.
Clyde, Inc. has a cash balance of $20,000 on April 1. The company is now preparing the cash budget
for the second quarter. Budgeted cash collections and payments are as follows:
Scenario 3.1 Use the following to answer the questions. Meyers Sporting Goods, a national chain, has been doing business with Soljur Sports, a manufacturer of skateboards, for several years. Recently, it came to the attention of Meyers' financial director that the average cost per Soljur Sports skateboard had substantially increased over that of the previous year. The financial director asked the marketing department if they knew what the Soljur skateboards cost at competing sporting goods stores, to see if they too were likely hit with a higher cost. The marketing department found that the Soljur skateboards were priced at $15 less in the competing store than at Meyers. The financial director found that Soljur Sports was selling a similar number of skateboards to one of Meyers'
competitors for $10 less per skateboard. The attorney for Meyers Sporting Goods immediately filed a complaint with the Federal Trade Commission. Refer to Scenario 3.1. Suppose that a customer has a complaint against Meyers Sporting Goods stores. He files a complaint with the Better Business Bureau. What action could the BBB take against Meyers if the complaint was substantiated and Meyers did not change the offending practice? A. Issue a cease-and-desist order. B. Seek a $10,000 monetary penalty. C. Issue a warning to consumers through the local newspaper. D. Order Meyers to make restitution. E. Seek a $5,000 monetary penalty.
Explain the concepts of legal positivism, natural law, and legal realism as they relate to the field of jurisprudence.
What will be an ideal response?
Owners in which of the following forms of business have unlimited liability??
A. ?LLCs B. corporations? C. sole proprietorships? D. limited partnerships?