Among the merits of why acting in a socially responsible manner is "good business," what remains to be proven in practice?
A. Operating in a socially responsible manner protects the company from consumer, environmental, and human rights activist groups that are quick to criticize businesses whose behavior they consider to be out of line.
B. Companies with good reputations for contributing time and money to bettering society are better able to attract and retain employees compared to companies with tarnished reputations.
C. To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation, a company may win additional patronage.
D. Well-conceived social responsibility strategies help avoid or preempt legal and regulatory actions that could prove costly to the company.
E. That there is a high correlation between socially responsible behavior that addresses social issues and a firm's competitive advantage and financial performance.
Answer: E
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situation are given below. State whether you agree or disagree with each, and briefly detail your reasons. a. The accountant must remain loyal to the company at all times and should report the occurrence only to appropriate officials within the company. b. The accountant is bound to inform officials only if she stands to personally gain (make money) from knowledge of the illegal act. c. The accountant must exercise personal judgment; a clear-cut answer does not exist given the limited information provided.
A party seeking to recover in quasi contract must show that he or she acted as a volunteer in conferring a benefit on another party
Indicate whether the statement is true or false
Field Trenchers Inc. initiates a lawsuit against its competitor Master Excavators Inc. out of malice and without probable cause. Master suffers a loss of profits due to the litigation, but Field loses the suit. Field is most likely liable for
A. abuse of process. B. malicious prosecution. C. no tort. D. wrongful interference with a business relationship.
The smaller the size of the coefficient of determination, the stronger the linear relationship between the two variables being examined.
Answer the following statement true (T) or false (F)