Fire Inc., a sports brand, gives a portion of its profits to the local sports club that offers free coaching to children from lower income groups. This donation to a community organization is an example of
A. economic responsibility.
B. legal responsibility.
C. ethical responsibility.
D. philanthropic responsibility.
E. political responsibility.
Ans: D. philanthropic responsibility.
Business
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Foreign exchange risk is that the value of assets and liabilities may change because of changes in the foreign exchange rate between two countries.
a. true b. false
Business
The principle of postponement is modeled by the worker that has known his assignment for several weeks, but waits until the day before the product is to be delivered to begin production
Indicate whether the statement is true or false
Business