Answer:
Corporate Social Responsibility or CSR.
Explanation:
To put it simply, Corporate Social Responsibility means that a company is concerned and responsible about how their actions affect People, Planet and their Profits (3 P's)
Following are the generally accepted principles of CSR.
- Compliance with international commitments
- Compliance with international and national laws and regulations
- Maintenance of good corporate governance
- Communication and dialog with all stakeholders
- Commitment to Transparency
- Conservation and the promotion of the Environment
- Fiscal responsibility
- Protecting Human Rights
- Promotion of Social responsibility
Answer:
increasing then decreasing
Explanation:
production level total cost average total cost
4,000 $8,000 $2.00
4,200 $8,200 $1.95
4,400 $8,800 $2.00
Returns to scale measure the change in productivity, or how much input is needed to produce a unit of output.
- increasing returns to scale: output increases in a greater proportion than inputs
- constant returns to scale: output increases in the same proportion as inputs
- decreasing returns to scale: output increases in a lower proportion than inputs
Since first the average total cost decreased, total output increased in a greater proportion than inputs ⇒ increasing returns of scale. But then the situation reversed and total output increased in a lower proportion than inputs ⇒ decreasing returns of scale.
Answer:
Cost of Goods Sold will contain 9,600 of the fixed manufacturing cost
Explanation:
actual fixed cost 12,000
Under absorption cost, the produced units will take the complete manufacturing cost
total manufacturing cost / produced units
12,000 / 1,500 units = 8
Then, we multiply by the amount of units sold to know how much of the manufacturing cost were recognize during the period
1,200 x 8 = 9,600
The rest, will be capitalized into inventory.
Answer:
The answer is "provides a good basis for crafting strategy".
Explanation:
The SWOT analysis creates the foundation for something like a plan that also builds mostly on advantages of the business, tries to acquire the maximum opportunities for the industry, which defends it against threats to its well-being.
This strategic thinking uses to support an individual in identifying strengths, weaknesses, opportunities, and threats associated with both the competition of enterprises or programs.
Could be a lot of things like;
Replaceable
Necessities
Long Lasting
