Question 2 The benefits of pursuing a strategy of social responsibility and corporate citizenship include o the enhanced profitability that results when a company opts to spend money on socially responsible activities. o the positive impact that such a strategy can have on the company's image rating if the company spends a meaningful amount on socially responsible activities over a multi-year period. O the positive impact that such a strategy has on the company's S/Q rating for branded footwear. the boost such a strategy gives to the company's stock price, O the boost such a strategy gives to increasing the company's global sales volume and global market share of branded and private-label footwear Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation Copyright 2020 by Glo-Bus Software. Inc OR Donnnnnnn Previous Which of the following statements about striving to reduce labor costs per pair produced at each of the company's production facilities is true? o As long as labor productivity at a company's production facility is in the range of 3,400 to 3,600 pairs produced per worker, then labor costs per pair produced at that facility will closely match the labor costs per pair produced of other companies having production facilities in that same region. o Company managers each year should seek to search out a combination of base pay increases, incentive pay per non-defective pair produced, total compensation, and expenditures for best practices training at each production facility that is projected to yield the lowest feasible labor cost per pair produced. O Companies producing branded footwear with a 7-star or higher S/Q rating are very unlikely to achieve labor costs per pair produced that are below the industry average in a given region whereas companies producing branded footwear with an S/Q rating no higher than 4-stars or less in that same geographic region are virtually assured of having labor costs per pair that are below the region's industry average. The most effective way for a company to achieve labor costs per pair produced that are below the industry average is to give workers large increases in base pay (above 10%) annually and to keep incentive pay below $0.75 per non-defective pair produced. The easiest way for a company to achieve low labor costs per pair produced is make sure that all of its production facilities are equipped with new footwear-making equipment rather than refurbished equipment. Dying redistributing on website hosting is expressly prohibited and constitutes copinght violation Canurias bin. Snarare Which one of the following actions will definitely not result in lower production costs per branded pair at one of your company's production facilities? O A 5% increase in the annual base wage that is accompanied by a 7% increase in worker productivity The installation of production improvement option C O The installation of production improvement option B The installation of production improvement option A Reducing the use of standard materials from 80% to 70% Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation Copyright 2020 by Glo-Bus Software, Inc Next >
