Wilson Products Installed a Low-Quality Fire Alarm in Its Facility

question 146

Short Answer

Wilson Products installed a low-quality fire alarm in its facility in compliance with local regulations. The owner stated, "We've never had a fire and we don't actually need such a system, but I am forced to install it because of local regulations. I therefore didn't want to pay too much for the system." Which of the following stances toward social responsibility is evident here?
obstructionist
accommodative
defensive
proactive
conservative financial management

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Definitions:

Inventory Turnover Ratio

A metric that indicates how often a company's inventory is sold and replaced over a period of time.

Acid-Test Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities without relying on the sale of inventory.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.

Gross Margin Percentage

A financial metric that represents the portion of sales revenue that exceeds the cost of goods sold, expressed as a percentage.