What does transparency refer to in the context of benefit corporations?
What will be an ideal response?
ANSWER: Transparency refers to the obligation to report to the public on a firm's overall social and environmental performance, using a credible third-party standard.
You might also like to view...
Answer the following statements true (T) or false (F)
1. Quick rework is a quality appraisal tool that managers and employees use. 2. Check sheets are difficult to design. 3. A flowchart helps the quality improvement team of a firm understand how a process currently works and identify quality-related issues and redundant steps. 4. Scrap and rework is one of the tools used to prevent defects.
In a strict liability case, the courts still consider if the defendant acted in a reasonable and prudent manner
a. True b. False Indicate whether the statement is true or false
The case of Harris v. Looney dealt with the issue of:
a. a de facto corporation. b. defective incorporation. c. personal liability for a debt by a person purporting to act as or on behalf of a corporation, knowing no corporation existed. d. the effect of an ultra vires act.
Florida HospitalsA group of hospital administrators in Florida were discussing the amount of resources used to care for patients that were illegal immigrants and had no medical insurance. One man discussed how his hospital had spent over $2 million on one illegal immigrant who had no family or friends and who was not getting better. Another administrator stated that his hospital was losing $20 million annually in order to provide care for the influx of illegal immigrants into the state. After a great deal of discussion, it was determined that there was probably nothing anyone of them could do about the situation, and that each of them had very definite ideas about how to deal with the problems.Refer to Florida Hospitals. In order to make an ethical decision on how to handle uninsured
illegal immigrants, the Florida hospital administrators must consider all of the following EXCEPT: A. social consensus B. number of people affected by the decision C. probability of harmful outcome to the hospital and to the individuals D. magnitude of morality E. length of time between decision and the onset of consequence