A business should endeavor to be socially responsible in its actions and conduct under what set of circumstances?
What will be an ideal response?
There are several good business reasons why the exercise of corporate social responsibility is also good business: (1) increased buyer patronage; (2) reducing the risk of reputation-damaging incidents; (3) internal benefits such as improved efficiency and workforce retention; and (4) shareholder benefits, based on apparent correlations between CSR and stock price and other measures of financial performance. Shareholders are likely to view the business case for social responsibility as a strong one, even though they certainly have a right to be concerned about whether the time and money their company spends to carry out its social responsibility strategy outweigh the benefits and reduce the bottom line by an unjustified amount.
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Negotiators who have some way to control the number of parties at the table (or even in the room) may begin to strategically manipulate this control to serve their objectives.
Answer the following statement true (T) or false (F)
A company with a PEG ratio of less than one would be interpreted as having a stock price
a. are underpriced given earnings and expected earnings growth b. that is low relative to the company's growth prospects c. that is high relative to the company's growth prospects d. That is overvalued
The Petty Cash account is a separate bank account used for small amounts.
Answer the following statement true (T) or false (F)
A company paid $150,000, plus a 7% commission and $5,000 in closing costs for a property. The property included land appraised at $87,500, land improvements appraised at $35,000, and a building appraised at $52,500. What should be the allocation of this property's costs in the company's accounting records?
A. Land $82,750; Land Improvements, $33,100; Building, $49,650. B. Land $75,000; Land Improvements, $30,800; Building, $46,200. C. Land $80,250; Land Improvements, $32,100; Building, $48,150. D. Land $75,000; Land Improvements, $30,000; Building, $45,000. E. Land $77,500; Land Improvements; $31,000; Building; $46,500.