XYZ Corporation has adopted a corporate sustainability perspective that ensures the company follows government regulations and attends to charitable expectations placed on them by society. This is consistent with the ________ level of corporate sustainability and reflects the ________ view of corporate social responsibility.
A) Caring; Personal
B) Compliance-driven; Social
C) Compliance-driven; Personal
D) Caring; Social
E) None of the answers.
B) Compliance-driven; Social
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Bulky products require channel arrangements that minimize the number of times products change hands between channel intermediaries before reaching customers
Indicate whether the statement is true or false
Which of the following statements is False
a. Intellectual capital consists of intangible assets such as knowledge, skills and information. b. The chief financial officer of an organization is considered to be a member of staff personnel. c. Responsibility is the obligation of an individual to accomplish a task or to achieve an objective. d. Authority refers to the right of an individual to use resources to accomplish a task to achieve an objective.
Luke is a director of Motor Parts Corporation. Luke makes decisions with respect to Motor Parts in good faith, in what Luke believes is the firm's best interest, and without violating any duties owed to it. If, despite these circumstances, Luke exercises poor business judgment, under the business judgment rule Luke is
A. immune from liability. B. liable only to the extent that Luke gains as a result. C. liable only to the extent that Motor Parts suffers as a result. D. wholly liable.
A(n) ________ is a trust established to transfer assets to your children, while allowing the surviving spouse access to funds in the trust, if necessary. Trust assets are distributed to the children tax free upon the death of the surviving spouse
A) family trust B) revocable living trust C) irrevocable living trust D) pre-probate trust