The rationale for businesses to act in a socially responsible manner include all of the following reasons, with the EXCEPTION of
A. every action a company takes can be interpreted as a statement of what it stands for.
B. in return for society granting a business a "license to operate" and not be unreasonably restrained in its pursuit of a fair profit, a business is obligated to act as a responsible citizen and do its fair share to promote the general welfare.
C. most business leaders can be expected to acknowledge that socially responsible actions and environmental sustainability are important and that businesses have a duty to be good corporate citizens.
D. every business has a duty to do what's best for shareholders while operating honorably, provide good working conditions to employees, and be a good environmental steward.
E. acting in a socially responsible manner is in the best financial interest of shareholders.
Answer: E
You might also like to view...
Which expression captures the essence of the power of nonverbal communication?
a. If you want people to understand you, speak their language. b. In order to walk the walk, one must talk the talk. c. Actions speak louder than words. d. Do unto others as you would have them do unto you.
The Internet has changed things because some relationships that exist today may not have begun were it not for which of the following that brought the partners together?
A. virtual communities B. communities of practice C. meddling relatives D. friends in face-to-face communities
Conjoint analysis
a. is particularly useful for developing breakthrough products. b. enables the analyst to assess how potential customers make trade-offs among different product attributes. c. is not useful when there are more than three attributes under consideration. d. should not be used for making pricing decisions. e. both a & b
Appeals from the Court of International Trade are heard by the U.S. Court of Appeals for the Federal Circuit
Indicate whether the statement is true or false