Which of the following perspectives best supports the shared value creation framework?
A. Failing to create value for society almost always reflects on the bottom line.
B. Externalities such as pollution, wasted energy, and costly accidents actually create internal costs.
C. A firm's competitive advantage depends on pitting economic and societal needs in a trade-off.
D. Markets are more often than not defined by societal needs rather than economic needs.
Answer: B
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High Quality Jewelers uses the perpetual inventory system. On March 3, High Quality sold merchandise for $55,000 to a customer on account with terms 4/15, n/30. The cost of goods sold was $22,000. On March 18, High Quality received payment from the customer. Calculate the amount of gross profit.
A) $52,800 B) $33,000 C) $30,800 D) $22,000
When the corporation issuing the bonds has the right to redeem the bonds prior to the maturity, the bonds are
a. convertible bonds b. unsecured bonds c. debenture bonds d. callable bonds
Promotion is typically the easiest marketing mix element to change.
Answer the following statement true (T) or false (F)
Which sentence uses correct capitalization?
A) Who on Earth would want to hire him? B) The length of time it takes for Earth to orbit the Sun is 365 and a quarter days. C) No one on Earth would ever suspect her of misappropriating funds.