Which of the Following Is Not Generally on a Company's

question 17

Multiple Choice

Which of the following is not generally on a company's menu of actions to consider in crafting a strategy of social responsibility?

• A) Actions to ensure that the company's strategy is ethical and that ethical principles will be observed in operating the business
• B) Making charitable contributions, donating money and the time of company personnel to community service endeavors, supporting various worthy organizational causes, and reaching out to make a difference in the lives of the disadvantaged
• C) Actions to look out exclusively for the best interests of shareholders
• D) Actions to protect or enhance the environment (apart from what is required by governmental authorities)
• E) Actions to create a work environment that enhances employee well-being and makes the company a great place to work

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Definitions:

Carrying Receivables

The accounting practice of recognizing unpaid invoices as assets on a company's balance sheet, expected to be converted into cash within a year.

Economic Ordering Quantity

The optimal number of units to order to minimize the total costs associated with buying, delivering, and storing inventory.

Inventory Carrying Costs

Inventory carrying costs include all expenses related to holding and storing unsold goods, such as warehousing, insurance, and spoilage.

Ordering Costs

Expenses associated with placing orders for more inventory, including costs related to order processing, communication, and transportation.