Explain why a corporation might choose to seek B Corporation status.
What will be an ideal response?
There are several conditions under which a business might seek B Corporation
status. First, tax breaks: although implementation has been spotty, a number of
municipalities, states, and at least one country have established special tax rules for B Corporations as an incentive for ethical behavior. Second, if the management of a
business understands that high ethical standards brings about greater efficiency and profits, it may seek to use B Lab’s rating and best practices system as a method and benchmark for improving its ethical performance. Finally, a company may seek B Corporation status to improve its public image, which can attract more and better
clients, customers, and employees.
You might also like to view...
An examination of visible customer actions including making store visits and purchases is called:
A) respondent behavior evaluation B) pre-testing C) message evaluation D) message synthesis
A content page should usually start with:
a. a blueprint b. the bottom line c. both of the above d. none of the above
Describe integrative negotiation, and provide examples of this approach to negotiating
What will be an ideal response?
ISO 9001 standard is intentionally _________ so that it can be applied to any given organization, public or private.
a) comprehensive b) variable c) generic d) process-specific