The Unilever Corporation sources the raw materials it buys from the global farming and forestry industries. Their initiative to source 100% of its agricultural raw materials sustainably, is an example of:

The correct answer is corporate social responsibility in global trade.

Explanation:

Internationalization strategies come to strengthen foreign investment as well as exports. The options that exist to enter the foreign market are varied, perhaps the best known are exports are intra-community service deliveries, direct investment, Joint Venture, investments with foreign partners, tenders, through franchises, administration contracts and / or production, among others.

Some companies choose to combine some of these internationalization strategies with corporate social responsibility (CSR). Both help to optimize the economic results of the private sector.

In addition, corporate social responsibility allows the company to maintain a high correlation between the level of long-term competitiveness in the market of the country to which it seeks to enter, as well as the admission of these corporate sustainability skills, as a policy of your company . In this sense, companies with export and internationalization trends, seeking to position themselves in the foreign market as a responsible company, must assume the commitment of what this strategy implies to achieve it, because otherwise it could have negative consequences.

Corporate Social Responsibility

Explanation: Corporate Social Responsibility (CSR) is also known as corporate citizenship. It is defined as a self-regulating business model that helps companies to be socially accountable—to itself, its stakeholders, and the public. Practicing CSR allows them to be conscious of the impact they are having on all aspects of society, including economic, social, and environmental, thus, they attempt to operate in ways that enhance society and the environment, instead of contributing negatively to it. Unilever is a leader in creating corporate social responsibility programs in many aspects of its business through sourcing their raw materials from global farming and forestry industries sustainably. The company has achieved over achieved their initial target of 30% to 36%. Some of the products they source sustainably include: palm oil, sunflower oil, vanilla, sugar etc. Therefore, on a global scale, Unilever practice corporate social responsibility.

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23