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What is the concern of business for the long range welfare of both the company and its relationships to the society within which it operates?
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∙ 12y ago
Corporate Social Responsibility
Monica Abbott
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Areas of concerns for business ethics?
areas of concern for business ethics
What is the difference between the scientific management movement and the behavioral science movement?
Essentially, then, the scientific management movement emphasized a concern for output, while the behavioral science movement stressed a concern for relationships among workers.
How economics related to business administration?
in economics we study about economic activities , as we know business is not possible without economic concern like money ,financial activities so both are directly interrelatd.
What trade did the hudsons bay company control?
Hudsonâ??s Bay Company was began in 1670 as a fur trading concern, and due to savvy business skills, by the late 19th century had grown to become the largest landowning company in North America. As the fur trade declined, they segued into retailing and today, HBC, one of the longest running companies in the world, owns Saks Fifth Avenue among other major retail establishments.
What is mean by sister concern company?
When two companies are run by the same top management or person, they are called as sister companies
What is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates?
Corporate Social Responsibility
What are the advantages of the going concern concept?
A going concern is a business that operates without the threat of liquidation. The advantages of going concern are that the business declares the intention of running for at least 12 months.
Introduction of sister concern of a parent co to a customer who disqualified the parent concern for some reason?
I'd like to introduce you to our sister concern company, which operates independently from our parent company. While we understand your disqualification of our parent company for some reason, we believe that our sister concern can offer you a fresh perspective and a different experience. Our sister concern maintains its own standards and values, and we are confident that they can provide you with the service and products you require.
What are synonyms for enterprise?
firm, company, business, concern, operation, organization, establishment, commercial undertaking
What is the impact of a company financial Statements if it is not prepared on the assumption that an enterprise is a going concern?
A going concern is an accounting assumption that states that a business will stay in operation for the foreseeable future. When the financial statements are not prepared for the annual report, it is the responsible of the Board of Directors must put this information into the footnotes to the financial statements and state any factors that may threaten that status. Further, the fact that the business is not a going concern means that it can not pay its liabilities and realize its assets. The company's auditor is responsible to the Board of Directors and must determine whether or not the company is still a going concern. The auditor is required to disclose any negative trends in the company's business operations. Negative trends would be lower operating income, loan denials, loan defaults, repossession of assets, and more. The auditor then must not issue a "going concern opinion." Investors may have second thoughts about holding the stock of the company if an auditor does not issue a going concern opinion in the annual report.
What is business arithmetic?
Business arithmetic includes the computations and calculations that are normally used in the day-to-day operations of a company or other concern. It may include aspects of economics, bookkeeping, and algebra.
What do you mean by multinational company?
My father works for a multinational corporation. McDonald's is a multinational corporation. Multinational corporations are bad for society. The features of most multinational corporations include a lack of concern for employees.
Business communication is often termed as the lifeblood of business concern justify this statement with an example?
Business communication is often termed as the lifeblood of business concern justify this statement with an example?
Why the alternative company of same concern is called sister concern?
Because genrally companies either wish to undertake different line of business under a new name or wish to save taxes iwith separate identity
What is the disadvantage of the going concern concept?
One of the disadvantages of the going concern concept is that it may not accurately reflect fair market value. A business may not end up having to go out of business and liquidate its assets. The company could pull through and raise enough resources to stay operational.
Another word for sister concern?
Subsidiary, subsidiary company, daughter company are another words for sister concern. Sister concern is also called as sister company. A sister concern is a company fully or partly owned by another company and has more than 50 percent of stakes in it holding all the control on activities and policies.
Areas of concerns for business ethics?
areas of concern for business ethics
