A firm is embedded in a multifaceted exchange relationship with a number of diverse internal and external stakeholders. Elaborate on this statement and provide multiple examples of the exchange relationship between a firm and its stakeholders including what each party contributes.
What will be an ideal response?
All stakeholders make specific contributions to a firm, which in turn provides different types of benefits to different stakeholders. Employees contribute their time and talents to the firm, receiving wages and salaries in exchange. Shareholders contribute capital in the hope that the stock will rise and the firm will pay dividends. Communities provide real estate, infrastructure, and public safety. In return, they expect that companies will pay taxes, provide employment, and not pollute the environment. The firm, therefore, is embedded in a multifaceted exchange relationship with a number of diverse internal and external stakeholders. If any of the stakeholders withholds participation in the firm's exchange relationships, it can have severe negative performance implications.
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Royer Corporation engaged in this transaction: Repaid 90-day note payable. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows
a. Financing activities section b. Schedule of noncash investing and financing transactions c. Operating activities section d. Investing activities section
ABC Company is looking at hiring a new leadership team. They want to make sure that they are hiring the best possible people they can find, and that the new leadership team is well versed in organizational behavior. ABC Company should focus on the following skill______.
A. disregarding external forces B. ineffective communication skills C. managing poor performance D. ignoring the impact of global competition
Houston Shoe Co is preparing a statement of cash flows using the indirect method. Indicate on the blanks below whether each item is an operating activity (O), an investing activity (I), a financing activity (F), a noncash transaction (N), or an item that would not appear on or with Houston's statement (NA). _____ 1. The change in Accounts Payable during the period _____ 2. Depreciation expense
_____ 3. Exchange of stock for a building _____ 4. Purchase of equipment _____ 5. Purchases of treasury stock _____ 6. Borrowing by issuing bonds _____ 7. A gain on the sale of equipment _____ 8. Collections from customers _____ 9. Dividends paid _____ 10. Income taxes paid _____ 11. Proceeds from sale of long-term investments at a loss _____ 12. The change in Inventory for the period Fill in the blank(s) with correct word
How has the Internet made it easier for companies to use dynamic pricing strategies? Use an example in your explanation
What will be an ideal response?