Nordic Travel Retail Group (NTRG) Chairman Erik Thomsen, speaking at the Nordic Travel Retail Seminar said, "Travel retail is all about great brands in a great environment. Our sector is no longer an isolated channel that consumers, as well as politicians, only become aware of when accompanying their families on annual summer holidays or enjoying city breaks or weekend cruises. The reality is that quite simply, if we choose to keep our distance and focus narrowly on products and customers, others will set the agenda and leave us at the mercy of the political process." He continued by saying, "We should not only take climate change seriously, but also ensure that our consumers know we do." Thomsen is calling for his industry to engage in:
A. enhanced philanthropy
B. progressive sustainability
C. proactive social responsibility
D. protecting adjacencies
E. increased social consensus
Answer: C
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Indicate whether the statement is true or false
Koff Corporation has two divisions: Garden Division and Farm Division. The following report is for the most recent operating period: Total CompanyGarden DivisionFarm DivisionSales$265,000 $163,000 $102,000Variable expenses 105,390 63,570 41,820Contribution margin 159,610 99,430 60,180Traceable fixed expenses 110,000 68,000 42,000Segment margin 49,610 $31,430 $18,180Common fixed expenses 31,800 Net operating income$17,810 Required:a. What is the Garden Division's break-even in sales dollars?b. What is the Farm Division's break-even in sales dollars?c. What is the company's overall break-even in sales dollars?d. What would be the company's overall net operating income if the company operated at its two division's break-even points?
What will be an ideal response?