Babkok Corporation Set Up an Effective Program for Social Responsibility

question 188

Multiple Choice

Babkok Corporation set up an effective program for social responsibility. Its top managers developed a policy statement outlining key areas of concern. This statement will serve as a guide for other employees as they become involved in the program. Now

• A) a committee of managers should be appointed to plan the program.
• B) employees should be appointed to submit suggestions to management.
• C) a top-level executive should be appointed to direct implementation of the program.
• D) employees should evaluate the program.
• E) the program director should prepare a social audit for the firm at specified intervals.

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Definitions:

Customer Order Cycle

The total amount of time it takes from the moment a customer places an order until the product is delivered, including processing, production, and shipping.

Replenishment Cycle

The process and frequency with which inventory is reordered and restocked to maintain sufficient levels.

Order Arrival

The process or moment when a customer's order reaches the seller or when inventory is received by a company from suppliers.

Retail Sale

The selling of goods and services directly to the consumer for personal use, not for resale.