Explain how business interests can co-exist with social responsibility
What will be an ideal response?
An important task of management, according to Peter Drucker, is managing the social responsibilities of the organization. His view is shared by many: A business does not exist by itself or as an end to itself. Every business ultimately exists for the sake of society. From the larger perspective of the economic system in which business operates in Western nations, the free-enterprise system cannot be justified on the basis that it is good for business. The only valid justification for free enterprise is that it is good for society.
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On January 1, 2016, Alldredge Company purchased equipment and signed a six-year mortgage note for $186,000 at 15%
The note will be paid in equal annual installments of $49,148, beginning January 1, 2017. Calculate the portion of interest expense paid on the third installment. (Round your answer to the nearest whole number.) A) $49,148 B) $21,048 C) $27,900 D) $164,752
According to the text, fieldwork is the ________ in the marketing research process
A) first step B) second step C) third step D) fourth step E) fifth step