Paulo, owner of a local plumbing repair company, wants to improve his company's reputation for corporate social responsibility. What could Paulo do?
What will be an ideal response?
Corporate social responsibility includes that a firm acknowledge that, in addition to economic and legal duties, it has responsibilities to society. These responsibilities are not mandated by any law or regulation but instead are associated with the demands, expectations, requirements, and desires of various stakeholders. Answers will vary, but a plumbing repair company could volunteer to help with a Habitat home, assist with community efforts to help poor or elderly homeowners, provide a free seminar on how consumers can avoid being taken advantage of, or offer to replace aging lead pipes in public buildings at cost.
You might also like to view...
What is inventory turnover?
A. The frequency of inventory replacement. B. An unfilled customer order for a product that is out of stock. C. The agreed upon time between the purchase of a product and the delivery of the product. D. The time it takes to manufacture a product and deliver it to the retailer.
List and describe the three types of buying situations.
What will be an ideal response?
Which of the following most accurately describes an annuity?
A. an investment which produces increasing cash flows over time B. a series of unequal cash payments made at equal time intervals C. a term that does not apply to mortgage payable or bond payable D. a stream of equal cash payments made at equal time intervals
Even if the terms of a contract express such certainty of performance that the promisor has not definitely promised to do anything, the promise binds the promisor
Indicate whether the statement is true or false