5. David was having a heated argument with Sue that the business should consider more than shareholders when making it business decisions. David was reflecting Group of answer choices a. Profit maximization b. Stakeholder theory c. The learning curve d. Microeconomics equilibrium 6. In the short run, a firm’s decision to shut down should not take into consideration Group of answer choices a. Fixed costs b. Marginal costs c. Variable costs d. Avoidable costs 7. According to the “Shared Value” article by Porter and Kramer, which of the following is NOT a key principle in developing a shared value approach within a firm? Group of answer choices a. Enabling local cluster development b. Reconceiving products and markets c. Redefining productivity in value chains d. Engaging employees in determining societal approaches

5. David was having a heated argument with Sue that the business should consider more than shareholders when making it business decisions. David was reflecting Group of answer choices a. Profit maximization b. Stakeholder theory c. The learning curve d. Microeconomics equilibrium 6. In the short run, a firm’s decision to shut down should not take into consideration Group of answer choices a. Fixed costs b. Marginal costs c. Variable costs d. Avoidable costs 7. According to the “Shared Value” article by Porter and Kramer, which of the following is NOT a key principle in developing a shared value approach within a firm? Group of answer choices a. Enabling local cluster development b. Reconceiving products and markets c. Redefining productivity in value chains d. Engaging employees in determining societal approaches

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter13: Sustainability Reporting

Section: Chapter Questions

Problem 11MC: Which of the following statements is most often the case? A. Socially responsible businesses tend to...

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Question

Please answer 5, 6, 7. Thank you!.

5. David was having a heated argument with Sue that the business should consider more than shareholders when making it business decisions. David was reflecting

Group of answer choices

a. Profit maximization

b. Stakeholder theory

c. The learning curve

d. Microeconomics equilibrium

In the short run, a firm’s decision to shut down should not take into consideration

Group of answer choices

a. Fixed costs

b. Marginal costs

c. Variable costs

d. Avoidable costs

7. According to the “Shared Value” article by Porter and Kramer, which of the following is NOT a key principle in developing a shared value approach within a firm?

Group of answer choices

a. Enabling local cluster development

b. Reconceiving products and markets

c. Redefining productivity in value chains

d. Engaging employees in determining societal approaches

Study of decisions made by households and business firms at an individual level. It includes several laws and theorems related to demand, supply, production, allocation of resources, and prices.

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