Scenario 1 Hector has worked in a small furniture factory for 10 years. He hasn’t had a pay increase in eight years. He frequently works 10 days in a row before getting a day off, and he often works extra hours with no extra pay. He knows that if he quits, the company will just hire someone else to replace him.

Scenario 2
Victor has worked in a steel factory for 10 years. He hasn’t received a pay raise in the 10 years he has been there and often works two weeks before getting a day off. While speaking with his coworkers, he realizes that hardly any of them are satisfied with this situation. So they approach their manager as a group and threaten to quit unless the company increases their pay and gives them days off on a weekly basis. Realizing it would be difficult to replace all of the factory workers, the company gives in to their demands.

What is the difference between these two situations?

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

What are two benefits of consumer programs

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was: