A local deli has decided that it wants to become more socially responsible. For three of the stakeholder groups listed in the chapter, suggest socially responsible actions the deli could take to serve those stakeholders.
What will be an ideal response?
Answers will vary depending on the stakeholders selected for the answer. Some examples:
Employees: The deli could offer additional benefits to employees, or could investigate its pay structure to ensure that employees are paid fairly at all levels of responsibility.
Community: The deli could support a community project-perhaps donating food to a local food bank.
Customers: The deli could ensure that it offers healthy dining choices on its menu.
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Scotland, Inc. issued a $5,000 face value, 10%, five-year bond at 98. What will be the journal entries at the maturity of the bond? The bonds have semiannual interest, and the company uses the straight-line method of amortization.
Omit explanations.
Yashar has received steady pay increases over the years for his solid sales performance. This year, the organization merged with another organization and money has become tight. Yashar doubts there’s any money available for raises. Therefore, he has not been motivated to work as hard. According to expectancy theory, Yashar is unmotivated because ______ is lacking.
A. valence B. instrumentality C. expectancy D. significance
Eric bought a new snowmobile from the North Pole Manufacturing Company. After buying the machine, Eric then modified it in order to soup it up. In February, just after a snowfall, Eric was driving the snowmobile, when it tipped over, trapping him beneath it. His leg was severely burned. Eric now wants to sue North Pole for strict liability. Eric:
a. will likely win the suit, because of the faulty design of the snowmobile. b. will likely lose the suit, because the machine has been altered since its manufacture. c. has assumed the risk of using the snowmobile. d. cannot sue the manufacturer, because horizontal privity is lacking.
The Pregnancy Discrimination Act generally requires employers to:
a. provide pregnancy health care benefits to pregnant employees b. provide pregnancy health care benefits to women, but not to men c. treat pregnant employees the same as non-pregnant employees with similar ability to work d. none of these