If some shareholders complained that you and your co-managers have not been spending enough money on...

If some shareholders complained that you and your co-managers have not been spending enough money on social responsibility and corporate citizenship, what would you tell them? Respond in 150 words.

Expert Solution

I would very politely yet firmly explain them what all are the reason for not spending enough money on CSR activities:

I would explain them the first priority is business and then if business flourishes some part can be invested in CSR activities but as of now we have not been doing very good and funds are to be invested in the business and probably in future we can invest funds in CSR activities as well.
As of now we cannot see any domain in which we can spend money so we are waiting for the right opportunity so that maximum people can be benefitted from our CSR initiatives.
The government has not been very supportive of such activities these days and even of we give a contract to NGO then they follow unethical means to earn money.

Having said that I assure you that in coming days many positive initiatives would be done from our side as far as the corporate social responsibility is concerned.

keosha answered 6 months ago

1. Suppose you put some money in a bank account. After one year, you have enough money to...

1. Suppose you put some money in a bank account. After one year, you have enough money to buy 3% more worth of goods than you can buy today. What statement must be true? A. Nominal interest rate is 3% B. Real interest rate is 3% C. Nominal interest rate exceeds real interest rate by 3% D. Inflation is 3% E. Inflation is negative ______ 2. Consumers in a certain region typically buy apples and bananas. If the price of apples were to rise dramatically, while the price of bananas stays...

QUESTION:FROM YOUR STUDY OF MANAGEMENT, YOU HAVE BEEN TAUGHT THAT MANAGERS PERFORM SOME THREE MAJOR ROLES....

QUESTION:FROM YOUR STUDY OF MANAGEMENT, YOU HAVE BEEN TAUGHT THAT MANAGERS PERFORM SOME THREE MAJOR ROLES. OUTLINE ALL THESE ROLES AND EXPLAIN ALL THEIR ELEMENTS WITH PRACTICAL EXAMPLES. FROM YOUR STUDY OF MANAGEMENT, YOU HAVE BEEN TAUGHT THAT MANAGERS PERFORM SOME THREE MAJOR ROLES. OUTLINE ALL THESE ROLES AND EXPLAIN ALL THEIR ELEMENTS WITH PRACTICAL EXAMPLES.

You and your wife have finally saved up enough money to buy your dream home. You purchase...

You and your wife have finally saved up enough money to buy your dream home. You purchase a $210,000 home in a nice neighborhood, paying 5% down as a down payment and obtaining the rest of the proceeds to buy your home from the local bank. Assume that the loan requires you to make monthly payments, with the annual interest rate stated as 5.75% and the term of the loan being 30 years. (12 points) A. What is your monthly payment? $1166.32 B. Set...

BQ(11). “Some procurement and supply managers mention that: We can’t be spending money on supplier development—we’re...

BQ(11). “Some procurement and supply managers mention that: We can’t be spending money on supplier development—we’re not in business to train suppliers and do their job for them!” BQ(11.a). What type of barrier does this statement represent? BQ(11.b). How would you respond to such a statement?

Your grandparents put $12,000 into an account so that you would have spending money in college....

Your grandparents put $12,000 into an account so that you would have spending money in college. You put the money into an account that will earn 4.55 percent compounded monthly. If you expect that you will be in college for 4 years, how much can you withdraw each month?

You have decided to buy a house for $600,000. You have saved enough money to make...

You have decided to buy a house for $600,000. You have saved enough money to make a 20% down payment, but you will need to borrow the remainder. You arrange for a 30-year mortgage (monthly payments) with a local bank at a stated rate of 3.6% APR. a) What will be your monthly payment? b) Construct the amortization table for the first 12 months of payments (showing how much of your payment goes to principal, how much goes to interest,...

Some defined benefit pension plans have been subject to abuse and some managers have gone to...

Some defined benefit pension plans have been subject to abuse and some managers have gone to prison for their illegal activities. Can you cite and any particular case where this happened and explain why it did?

How much do you need to invest today in order to have enough money for your child’s college?

Congratulations, you’ve just become a parent! You want to make sure your new baby has the best education possible so you plan to make an investment today to pay for college. Your new baby is amazing, but is no Doogie Howser, so you will be paying for your child’s college in 18 years from now. You expect that college will cost $100,000 at that time. In the meantime, your financial adviser tells you that you can earn 7% on your...

You have been pursuing some rather risky money market investment strategies and, as a result, have...

You have been pursuing some rather risky money market investment strategies and, as a result, have been burned more than once. You recently came across an article describing hedging techniques using financial futures contracts and wondered how these might apply to a riding the yield curve strategy. Suppose that the current cash rate on 180-day Treasury bills is 5.3% and 5% on 90-day bills. The futures rates on 90-day Treasury bills is currently 5.2%. You invest in a 180-day bill...

You are going to make a substantial purchase. You have enough money to pay cash, but...

You are going to make a substantial purchase. You have enough money to pay cash, but don’t know if that’s the way to make best use of your assets. Maybe you should take out an installment loan to make the purchase and invest the cash you would otherwise have used to pay for it. Use the information provided to complete the following worksheet and analyze how the numbers work out most favorably for you. For simplicity, compounding is ignored in...

Question