Corporate social responsibility refers to ________
A) the rules or standards governing the conduct of a person or group
B) a written statement setting forth the principles that guide an organization's decisions
C) the notion that business has obligations to society beyond the pursuit of profits
D) the belief that profit-seeking companies drive modern society
E) the movement that pressures businesses to consider consumer needs and interests
Answer: C
Explanation: Corporate social responsibility (CSR) is the notion that business has obligations to society beyond the pursuit of profits.
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The financial statement that reports assets, liabilities, and stockholders' equity as of the last day of the period is called the ________
A) income statement B) statement of retained earnings C) balance sheet D) unadjusted trial balance
The manager of Gloria's Boutique has approved Carla's application for 24 months of credit with maximum monthly payments of $70. If the APR is 14.2%, what is the maximum initial purchase that Carla can buy on credit?
a. 1,006.90 b. 1,300.00 c. 1,455.08 d. 1,184.75 e. 1,228.46