All of the following statements regarding corporate social responsibility are true except
A. CSR actions are voluntary.
B. CSR can be defined as context-specific actions and policies, taking stakeholders' expectations into account, to achieve what is referred to as the triple bottom line.
C. a firm's responsibilities to society are not associated with the demands, expectations, requirements, and desires of various stakeholders.
D. firms believe that they have legal and economic duties in addition to responsibilities to society.
E. today, virtually all large and well-known companies engage in some form of CSR.
Answer: C
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Assume today you can exchange $100 for either Can$128 or Ps1,892. Also assume that last year, $100 was worth Can$126 or Ps1,847. Which one of the following statements is correct given this information?
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