When IBM Makes Large Contributions to the Performing Arts,this Is

question 17

Multiple Choice

When IBM makes large contributions to the performing arts,this is an example of which general area of social responsibility?

• A)General social welfare
• B)The natural environment
• C)Legal compliance
• D)The task environment
• E)The internal cultural environment

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Definitions:

Net Working Capital

This reflects the variance between what a business owns in the short term versus what it owes, highlighting its financial robustness and operational productivity.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.

Inventory Increase

A situation where a company experiences a rise in the level of goods and materials on hand, reflecting either a buildup in anticipation of higher sales or slower sales than expected.

Depreciation Tax Shield

The tax saving achieved by a company from deducting depreciation expenses on its taxable income.