Most Companies,including Nearly All of the Largest Multinationals,vary in Their

question 34

Multiple Choice

Most companies,including nearly all of the largest multinationals,vary in their reaction to pressures in the operating environment across a spectrum from reluctance to enthusiasm.At the right of this spectrum:

• A) the extent of companies' citizenship is determined by the power of stakeholders over their behavior.
• B) companies accept social obligations and may work to mitigate adverse impacts on society before regulations can be passed.
• C) companies focus on making a profit and resist demands to go beyond the minimum duty of obeying the law.
• D) companies seek to be proactive by anticipating demands and resolving problems before they arise.

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Definitions:

Float

The difference between book cash and bank cash, representing the net effect of cheques in the process of clearing.

Interest Rate

The percentage charged on a loan or earned on an investment, indicating the cost of borrowing or the gain on investing.

Processing Delays

Delays in the processing of transactions, documents, or information, often due to inefficiencies or technical issues within a system or workflow.

Lockbox System

A service provided by banks to companies for the receipt of payment from customers, utilizing a special post office box to speed up the collection of checks.