Which of the Following Indicates That U

question 62

Multiple Choice

Which of the following indicates that U.S. businesses are demanding socially responsible behavior from their international suppliers?

• A) The establishment of the Equal Opportunity Employment Commission
• B) The decision of Walmart to open stores worldwide
• C) The decision of Nike to cancel orders from suppliers that violate its ethics code
• D) The creation of the North American Free Trade Zone (NAFTA) between the U.S., Canada, and Mexico

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Definitions:

Overhead Cost Drivers

Factors that significantly influence the incurrence of overhead costs, helping in the allocation of overheads to products or services based on their usage or consumption.

Management Accountant

A finance professional who specializes in internal financial processes, budgeting, and cost analysis to aid managerial decision-making.

Total Contribution Margin

The difference between sales revenue and variable costs, representing the total amount available to cover fixed expenses and generate profit.

Total Variable Costs

The sum of all costs that vary directly with the level of production or service provision, such as materials and labor.