Tuesday, May 14, 2019
Discussion board forum Assignment Example | Topics and Well Written Essays - 500 words - 1
Discussion board forum - Assignment Examplethe required limits in rightfulness may keep corporations out of courts, but businesses be wargon that holding themselves responsible to a high-pitched standard will stand them in good stead as far as their employees, customers, suppliers, communities, regulators and shareholders are concerned. This therefore means that any enterprise if at all it wants to be sustained over a long period of time must maximize its proceeds nevertheless it should do so in a way that meets the requirements of its stakeholders who in essence allow it to stay viable. When there is a change of those requirements, corporations guide got a responsibility to become accustomed to their actions accordingly, if at all they wish to survive. This is the aspect missed by Friedmans argument. The game and its rules have changed in indispensable ways and customers today anticipate and even expect more of a corporation than basically that they increase their returns witho ut coming to anguish by some intermission of law. Customers require and anticipate attributes from what they purchase-safety, value, quality-which of course depends on the price they have paid (Bryan, 2010).Employees on the other evanesce require more than just a paycheck and the society needs the enterprise to be a better corporate citizen and employ from the community. Regulators require corporations to adhere to the legal line, communities frequently require companies to go an otiose mile and do more than is needed of them leading to a lot of strategic philanthropic efforts that are an aspect of ,but nevertheless dont by themselves comprise a responsible association, particularly if they have the appearance _or_ semblance to be like giving back for a business culture or model that is not desirable (Bryan, 2010).Break-even point is that point at which a product stops costing Sarahs company/enterprise money to produce, and sell, and thus starts making a profit for the company. Her total expenses for this enterprise are ($12,000+148000=160,000) summation her salary of $35,000.The
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.