A feature of the economic model of corporate social responsibility (CSR) is that it:
A. holds pursuit of profit as the sole duty of business.
B. prevents shareholders from being at the center of a corporation.
C. expects business to have a strict obligation to contribute to social causes.
D. states that profit is independent of optimal allocation of resources.
Answer: A
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Monica Luechtefeld, e-commerce chief of Office Depot, is an example of a challenge seeker.
a. true b. false
A country that serves as the home for a corporation’s headquarters is referred to as the ______.
a. host country b. third country c. parent country d. first country
In the context of management planning, _____ refers to high-level, long-term planning that establishes a vision for the company, defines long-term objectives and priorities, determines broad action steps, and allocates resources.
A. operational planning B. strategic planning C. contingency planning D. tactical planning
In some states, preemptive rights do not apply to:
A) the reissue of previously issued shares. B) shares issued for noncash consideration. C) shares issued in connection with a merger. D) All of these are correct.