Business, 20.09.2020 14:01 drippyyahja

The RedCap Corporation is committed to social responsibility. It is looking for a new shipping partner and has found LogiSpec, one that seems to be perfect since it employs individuals with disabilities, contributes a portion of profit to the local school system, and allows its employees to work on flextime. RedCap is very interested in LogiSpec’s attention to social responsibility. However, its pricing is almost 12% higher than other shippers RedCap is considering. The fact that RedCap's decision has to balance the company’s desire for social responsibility and investors' desires for profits is an example of a(n) responsibility.

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Answer from: jb7692

economic responsibility

Explanation:

In this case, economic responsibility is part of corporate social responsibility and it is about balancing the company's operations and performing sustainable practices. For example, in this case, the company wants to work with other companies that are also interested in their CSR, but it cannot afford to pay a price that is much higher than other competitors. Another example is recycling, if recycling materials is simply to expensive, many companies will instead keep buying raw materials. This happens a lot with consumer electronics.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

Answer from: Quest

In line with other previous and contemporaneous proposals, in 1912 the meteorologist alfred wegener amply described what he called continental drift, expanded in his 1915 book the origin of continents and oceans and the scientific debate started that would end up fifty years later in the theory of plate tectonics.

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The RedCap Corporation is committed to social responsibility. It is looking for a new shipping partn...

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