A company's social responsibility strategy typically comprises all of the following EXCEPT
A. actions to keep the company's profits at a reasonable and acceptable level to ensure the company's products/pricing will not be viewed by the general public as obscenely high or exorbitant.
B. actions to enhance workforce diversity and make the company a great place to work.
C. making charitable contributions and donating money and the time of company personnel to community service endeavors.
D. conscious efforts to ensure that all elements of the company's strategy are ethical and that its actions protect or enhance the environment (beyond what is legally required).
E. actions to protect or enhance the environment.
Answer: A
You might also like to view...
Which of the following is not true regarding comprehensive income?
a. Comprehensive income includes foreign currency translation adjustments. b. Comprehensive income includes unrealized holding gains and losses on available-for-sale securities. c. Comprehensive income includes minimum pension liability adjustments previously classified as intangible assets. d. Earnings per share should be calculated for comprehensive income.
A misrepresentation is an inaccurate statement that is:
A) A written term of a contract. B) Made after a contract has been made. C) Always made by a person clearly knowing that it is false. D) Made before a contact and written down as part of the contract terms. E) Made about a key term that induced the contract
Cloverton Corporation had net income of $30,000, net sales of $1,000,000, and average total assets of $500,000. Its return on total assets is:
A. 3% B. 1.5% C. 6% D. 200% E. 17%
An award of damages for a breach of contract can elevate the nonbreaching party to a better position than he or she would have been in if the contract had not been breached
Indicate whether the statement is true or false