Briefly describe how CSR affects the various stakeholder categories.
What will be an ideal response?
Employees: Perhaps the most basic corporate social responsibility to employees is to ensure a safe working environment, free of threats to their physical safety, health, or well-being. In addition, firms are focusing their efforts on outreach programs aimed at their employees' families.
Customers: Firms must respect and protect privacy in an electronic world and ensure the healthiness of products, especially those aimed at children.
Marketplace: When one firm in the industry leads the way toward CSR, its partners and competitors often have no choice but to follow-or run the risk of not doing business or being left behind. The initiating firm enjoys an advantage by gaining a reputation for being on the cutting edge of CSR efforts.
Society: This is when firms expend time and energy engaging in activities aimed at improving the overall community and the physical environment.
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Answer the following statements true (T) or false (F)
1. The process of getting oriented and getting acquainted with the group is known as the forming stage of team development. 2. Many groups stall in the performing stage of group development. 3. In the storming stage of group development, the leader should encourage members to work through their conflicts about tasks and goals. 4. Group cohesion arises during the forming stage of group development.
Plum Corporation issues $400,000 of 7 percent, five-year bonds on January 1, 20x5, and sells them on the same date for their face value. The bond indenture states that interest is to be paid on January 1 and July 1 of each year. The entry to record the issuance includes
A) a credit to Cash. B) a credit to Bonds Payable. C) a credit to Interest Expense. D) All of these choices.
Knowing his prospect would be concerned about the possibility of contamination of the foods he was processing with his packing equipment, Alec opened by saying, "To prove to you the conveyer belt lubricant I'm offering you is non-toxic, I'm going to eat a spoon-full right now." This theatrical presentation is an example of:
A. analogy marketing. B. dramatization. C. sample advertising. D. industrial proof. E. competitive advantage.
P&G solicits meaningful interaction from customers on its website rather than at independent sites. P&G recognizes the value of ________.
A. social marketing B. digital reliance C. prosocial marketing D. online brand communities E. viral marketing